26 Peppermint Cres, Ballajura WA 6066

Solid 1980 build on 606m² | four bed two bath | renovation risk not optional | school zone advantage | 9-day market presence under asking. The house on Peppermint Crescent trades at a material discount to its estimated replacement cost—approximately $1 million—which suggests the unrenovated state is being correctly priced by the market. A buyer should allocate $120,000 to $180,000 for a full interior and services refresh; this cost will be partially recovered at resale but not fully for at least three years. The 28 percent building coverage and 40-metre ground elevation are genuinely rare for Ballajura—they create redevelopment optionality without overlay burdens. Hold for five years or renovate immediately; flipping without work will lose money. The strong school catchment—Illawarra Primary within walking distance—and 90 percent owner-occupied street profile insulate this property from rental volatility. What is competitively strong is the block size itself: at 606 square metres with no flood or heritage constraints, it offers floor-plan flexibility that newer infill units cannot match. This house serves best a buyer who can wait three to five years for the suburb’s demographic shift—25 percent of the population is under twenty—to mature into higher owner-occupier demand. The next step is a building inspection to confirm roof and slab condition; without that, the renovation budget is guesswork.