28 France Street Mandurah WA 6210
28 France Street Mandurah WA 6210
Large block in established street | 3-bed house on over 2,100sqm | Rare land size for suburb | Inspection by appointment only
This property presents a primary opportunity based on its substantial landholding, a configuration increasingly rare within the established suburb framework. The lot size of over 2,100 square metres is its defining competitive strength, offering significant utility and future optionality that typical suburban parcels do not. This positions the house best for a buyer seeking a long-term hold with space for extension, subdivision potential subject to due diligence, or simply a premium of privacy.
The decision hinges on reconciling the premium for land against the dated improvements, with conflicting bedroom data signalling a need for immediate verification. The commercial logic involves capitalising on the suburb’s compressed median price point for three-bedroom houses against this property’s unique land attributes. Proceed only with a strategy to validate the true configuration and realise the land’s value, either through renovation or strategic development. A Propcred report would specifically target the valuation gap between the land and improvements, provide a locality risk profile on France Street, and detail the checks required for such a large lot.
Five recent sales on France Street provide immediate context. While specific prices are not detailed here, analysing these comparables is critical to establish whether the market pays a measurable premium for oversized blocks, or if the value remains latent. This direct street-level data will either confirm or challenge the listed estimate’s alignment with the property’s unique offering.
Independent, Unbiased Research Report for this property by PropCred Analyst teamΒ
Market Insight:
Mandurah has evolved into a thriving coastal city, attracting strong demand as a sea-change destination. This appeal is driving robust growth in both house and unit values, supported by a fast-moving market with limited listings. While its popularity underpins resilience, key constraints include a significant affordability gap compared to Greater Perth and tight supply restricting buyer choice.