20 Kingsley Drive, Kingsley WA 6026

78% site use | one-bath limitation | 1983 build legacy | premium pricing risk on area median This property presents a structural mismatch. The 20% building coverage has redevelopment optionality but the single bathroom limits utility for families paying the Kingsley premium. At an estimated $1,176,000, you are paying 32% above the local median for three-bedroom houses, which compresses exit liquidity if market softens. The site value proposition works for a buyer who renovates to add a second bathroom and holds for five years. Otherwise, pass. The competitive advantage here is the lot depth and absence of overlays, permitting a rear studio or extension without council resistance. For a downsizer or investor targeting the low-maintenance segment, the renovated bathroom and multiple living zones offer immediate rental proof. This suits a buyer who prioritises land banking over turnkey perfection. Request a building inspection focused on the 1983 roof structure before committing, then negotiate from the $1.04m alternative estimate.