38 Coldicott Terrace, Baldivis WA 6171

Corner block with side access | Original Settlers Hills estate | 613m² lot | Single-level family home This property presents a competitively strong offering within the sought-after original Settlers Hills precinct, a location that typically commands buyer attention. Its corner block position with 4 metres of side access is a functional advantage, providing practical utility for vehicles or storage, enhancing the liveability of the 613m² parcel. The four-bedroom, two-bathroom configuration on a single level squarely targets the family buyer segment, offering a low-maintenance format in an established estate setting with well-regarded school catchments nearby, including Tranby College within 800 metres. The primary decision point is the valuation gap, with the recent sale at $950,000 now contrasted against a higher listed estimate. This divergence requires immediate commercial logic: verify through independent valuation whether the premium reflects the corner block premium and estate positioning, or exposes market speculation. Proceed only with a disciplined price ceiling based on reconciled comparable evidence, as paying for anticipated growth that is not asset-specific erodes equity. Our analysis would pressure-test this exact discrepancy, providing a real market valuation and locality risk assessment to secure your position. Recent comparable sale: The property itself sold for $950,000 in late June 2024. This transaction sets a direct benchmark, indicating the price point the market recently supported for this exact home. Any current offer above this must be justified by a material change in market conditions or a newly demonstrated unique value element of the property.