2 Gillon Road, Noranda WA 6062

Owner-occupied street | 44% building coverage limits extension potential | no overlays but pool upkeep cost | above sub-median price-per-square-metre This property carries a structural risk from its 44% building coverage on a 717m² lot-future extension or subdivision is constrained without discretionary approval. The estimated value range of $1.188m to $1.46m suggests the upper end is achievable only if the pool and solar panels translate into premium renter or owner demand, costing roughly $100k above the suburb median. The opportunity lies in Noranda’s persistent 16.3% annual growth and a scarcity of broad-acre family lots; holding for medium-term capital gain is the prudent call. Its competitive strength is the rare combination of a 4-bedroom, 2-living-area floorplan on a level 717m² block with zero overlay risk-no bushfire, flood, or heritage constraints-positioning it as a low-hassle family hold. The FTTP NBN and 5G coverage support remote work but are secondary to the school proximity (200m to primary) and owner-occupier street profile (80%). This property best suits a buyer seeking steady, undramatic capital growth in a stable suburb, not a renovation or development play. Click or call to book a private evaluation of this property’s alignment with your portfolio mix, as similar lot coverage ratios and pool liabilities warrant a line-item cost projection before offer.