198 Sapphire Chase, Wellard WA 6170

Modern 2017 build | flexible floorplan | strong owner-occupied street | below estimated value | school catchment appeal This property presents a compelling buying case as a near-new home in a well-established owner-occupied pocket of Wellard. The 2017 construction means minimal immediate maintenance, while the flexible layout—either four bedrooms or three plus a theatre—offers genuine adaptability for a growing family or those wanting dedicated living zones. Solar panels and FTTP broadband add practical long-term savings, and the street’s 85% owner-occupier ratio signals stable neighbourhood character. The property sits within the Wellard Primary School catchment, which broadens its appeal to family buyers and supports resale demand. The main risk is the discrepancy between the listing price and the estimated value, which may indicate either a motivated seller or an over-optimistic valuation—due diligence on recent comparable sales in Sapphire Chase is essential. The 53% building coverage on a 415m² block leaves modest outdoor space, which could limit appeal for buyers wanting a large yard. However, the current price positioning below the estimate creates an opportunity for a buyer to negotiate from a stronger position, particularly if the flexible room configuration is marketed effectively. The lack of bushfire or flood overlays reduces insurance and development risk.