3 Teaguer Street, Wilson WA 6107
3 Teaguer Street, Wilson WA 6107
R80 zoned land | 936sqm block | development upside | Wilson WA
This property offers a competitive edge through its 936 square metre block with R80 zoning, a configuration rarely available for entry into this part of Wilson. For a buyer the key feature is meaningful future development optionality, whether as a land bank with an existing dwelling or a formal redevelopment play. It serves best those with a strategic horizon who can manage planning approvals and hold for medium-term capital growth, particularly given the 28 metre frontage supports subdivision feasibility.
The primary risk lies in the uncertainty of development approvals, which can delay or alter expected returns. The existing house, while habitable, is modest and may not provide strong immediate rental income. Opportunity, however, is grounded in rising land values across Wilson, as larger blocks in the area have commanded premiums. Engaging with council early on R80 potential is recommended to quantify the upside precisely. The property’s position in a growing corridor further reinforces its hold-to-develop merit.
Detailed Independent Property Report preparedย by PropCred Analyst team forย 3 Teaguer Street, Wilson WA 6107
Market Insight:
Wilson presents as a dynamic, young professional suburb experiencing robust demand, evidenced by rapid population and household income growth. This demographic is driving a competitive sales market, with houses transacting swiftly, reflecting strong buyer appetite. Recent price performance has been notably strong, supported by these fundamental demand drivers. Future growth appears linked to continued demographic tailwinds, though the current low volume of available listings suggests potential supply constraints that could influence market fluidity.