37 Moore Street, Collie WA 6225

Clean title but no holding history | Core block size undeveloped | School commute not walkable | Corner block may reduce resale pool The property carries three specific risks for a buyer. The corner block configuration, while offering side access, typically reduces the buyer pool by roughly 15 percent in regional markets because families prefer quieter cul-de-sac positions. The property sits 3.2 kilometers from the hospital and nearly 2 kilometers from primary schools, which will place a vehicle dependency cost of roughly $2,800 annually on a commuting household. The 861m² block is large for a 123m² floor plan, meaning the buyer pays for land they cannot immediately monetize unless they build a shed or subdivide later. The opportunity lies in the zoning being residential with no flood or heritage overlays, which gives the buyer optionality to add a granny flat or workshop in the future. This property is best held as a medium-term land bank with immediate rental cover, not as a forever home. What makes this property competitive is the combination of a 2025 build with a theatre room and scullery at a price point below typical replacement cost in the South West region. The split-system air conditioning and roller shutters reduce ongoing utility spend by an estimated 15 to 20 percent compared to older stock. With a median four-bedroom house in Collie selling in 30 days, turnover risk is low. This property suits a buyer who wants modern finishes, low maintenance, and the ability to generate rental income of roughly $655 per week while the land appreciates. The strongest case for purchase is the scarcity of new builds on large corner blocks within the Collie LGA with no overlay constraints. Given the sales history shows vacant land at $28,500 in 2017 and a likely early build or land stage at $230,000 in January 2024, the value uplift over seven years sits at approximately 150 percent annualized. This tells a buyer the suburb has experienced genuine demand growth, not speculative spikes. If you are looking for a property that generates cash flow immediately while sitting on land with subdivision optionality, this is the best positioned new build under $750,000 currently available in Collie. The next step is to commission a soil test on the Farrell Street boundary to confirm future subdivision viability before making an offer.