24 Morolo Street Seville Grove WA 6112

4 bed 2007 build | 622m² elevated block | 34% building coverage | primary school catchment 400m This house presents a competitively strong offering due to its generous land component and low site coverage on an elevated parcel, a configuration increasingly rare in newer estates. The 2007 construction within the Challis Primary intake area positions it ideally for a family seeking space and established infrastructure, with a layout offering dual living zones through four bedrooms and two bathrooms. Its current pricing sits notably below two separate automated valuations, suggesting a potential entry point. The primary risk is market absorption, evidenced by a zero percent auction clearance rate locally and a median for four-bedroom houses significantly below the asking price. This demands a commercial logic centered on verified comparable sales, not estimates, to justify the premium. Secure this property only with a disciplined valuation buffer, then hold for long-term land value appreciation. Our report validates this through precise local sales comparisons, overlays, and insurance-risk screening.