28A Range View Way, Thornlie WA 6108

Villa-style house on a 500sqm block | 2 bed 1 bath in high owner-occupier street | Priced below automated estimates | Strong comparable sale nearby The property occupies a rare position for a two-bedroom dwelling: a full 500sqm block in a street with very few properties and a high owner-occupier profile, which typically suppresses turnover and supports price stability. The asking price sits below automated estimates by roughly $90,000 to $110,000, and the recent sale of 24A Range View Way at $904,000 signals that well-configured dwellings on this street can command a premium. For a buyer seeking a house with land in a tightly held pocket, the configuration—while modest in bedrooms—offers a structural edge over the suburb’s median-priced stock. The property suits downsizers or investors prioritising land content over internal space, and the absence of bushfire, flood, or heritage overlays removes common friction points. The primary risk is the two-bedroom layout, which narrows the buyer pool and may cap long-term capital growth relative to three-bedroom homes in the same price bracket. That constraint is partly offset by the land size and the street’s desirability, but resale velocity could be slower. The rental estimate of $640 per week implies a gross yield in the low-to-mid four percent range, which is acceptable but not market-leading. The NBN FTTC and 5G coverage are functional rather than differentiating. The property was last traded in 1999, so no recent renovation history is visible—buyers should budget for potential updates to kitchen or bathroom. Hold this property for land appreciation in a low-supply street, or improve the dwelling to lift rental return and broaden appeal.