23 Piping Lane, Woorree WA 6530

acreage with rare house-to-land ratio | flood overlay flagged | priced below estimated value | equestrian-ready layout The property at 23 Piping Lane offers a compelling entry point for buyers seeking substantial acreage within commuting distance of Geraldton. Its low 4% building coverage on 1.38 acres is unusual for a five-bedroom home, preserving significant open land for stables, sheds, or future subdivision potential. The presence of three living areas, a pool, and undercover parking for four cars makes this a functional family or hobby-farm proposition. At $859,000, it sits well below the estimated value of $1.057 million, suggesting either motivated selling or market discount for the flood risk—both of which position a buyer to negotiate from strength. The confirmed flood overlay is the primary risk and warrants a thorough inspection and insurance quote before proceeding. However, the absence of bushfire or heritage overlays, combined with FTTP connectivity and reliable mobile coverage, reduces other common rural-residential drawbacks. The lack of recent comparable sales in Woorree means pricing relies on broader regional trends, but the discount to estimated value and the property’s rare configuration create a potential upside for a buyer prepared to manage flood-related constraints.