367C Flinders Street, Nollamara WA 6061

Land size confusion | villa on 210m² | 3 bed for high $800ks | no bushfire flood heritage risk The primary risk here is the conflicting land size—769m² versus 210m²—which could mean the property is not the standalone house some buyers assume, but a villa with shared walls and smaller grounds. That uncertainty costs a buyer negotiating leverage and may limit future subdivision or redevelopment upside. The opportunity lies in the newer build quality and the reserve frontage at Rye Place, which improves privacy and outlook. This property should be approached as a low-maintenance, lock-and-leave hold rather than a land play, best suited for downsizers or investors seeking reliable rental yield in a stable suburb. Competitively, the villa is rare for its age—built in 2015 in a suburb dominated by older houses—which means fewer immediate maintenance costs and modern fittings that appeal to tenants and owner-occupiers alike. The 200 sales in Nollamara this year at only 9 days on market confirm strong demand, but the high $800ks price point sits near the top of the market for a 3-bedroom villa, so every dollar of negotiation matters. This property serves buyers who prioritise move-in condition and location convenience over land speculation. Given the comparable sales show 433B and 341A Flinders Street sold at $670k-$675k for similar 3-bedroom villas, this listing’s high $800ks range needs a clear justification—likely the newer build and reserve frontage—but leaves little margin for error. Prospective buyers should request a full title search to confirm the lot boundary and land area, then use any discrepancy to negotiate a price closer to the $845k off-market marker.