3 Waterford Way, Australind WA 6233

Parkside position in estate | 738m² low-maintenance block | Opposite parklands | 2013-built 4-bed family home This house presents a competitively strong proposition for a family seeking space and convenience in a popular estate. Its 738m² land parcel is notably larger than newer lots in the area, providing a scarcity premium, while the direct adjacency to parklands offers a permanent lifestyle amenity that cannot be replicated. The 2013 construction ensures modern fittings without immediate renovation costs, and the dual living areas and four-bedroom configuration precisely target the core family market in Australind. This property will serve a buyer looking for a long-term home with established gardens and immediate community integration. Your decision hinges on navigating its specific risk mechanisms. The bushfire and flood overlays necessitate due diligence and may impact insurance premiums, a direct carrying cost. The current asking price sits at a premium to some automated estimates, demanding validation against true market appetite. However, the substantial land size and parkside position create a durable value foundation. Acquire at or below the estimated market value to secure a family home with solid holding fundamentals, where the land component will drive long-term appreciation more than the dwelling itself. Recent nearby sales provide critical context: – 5 Challenger Rise (4 bed, 2 bath, 814m²) sold for $810,000. – 9 Waterford Way (5 bed, 2 bath, 608m²) has an off-market estimate of $859,000. This comparison suggests the subject property’s $795,000+ asking price is positioned aggressively given its smaller land than Challenger Rise, though its superior parkside location may justify a premium. The market is validating larger blocks, making this property’s 738m² a key negotiating point.