3 Edney Way, Pegs Creek WA 6714

5 bed potential | 707m² block | strong school access | premium above median | pricing below model estimate The case for 3 Edney Way rests on its configuration and positioning. With either five bedrooms or four plus a study, it offers rare scale in a suburb where the median house is smaller and less flexible. The 707m² block is generous, and the asking price sits below the automated estimate midpoint, giving a buyer room to negotiate without overpaying. The property is well placed for families, with two primary schools and a high school within a kilometre, and the street’s 70% owner-occupier rate signals stable neighbours. It serves best as a long-term family home in a tight market where premium stock is scarce. The main risk is the bedroom count discrepancy between sources—this must be verified in person, as a four-bedroom house at this price loses its comparative edge against the nearby Snook Way sale. The building size at 141m² is modest for a five-bedroom claim, so internal layout and room dimensions should be checked. The opportunity is that Pegs Creek’s market has supported sales above $880,000 for similar lots, and with limited stock and active demand, a well-presented home here holds its value. The property’s age and 1987 last sale suggest original condition may require updates, offering scope for a buyer to add value over time.