38 Gibson Street, Beaconsfield WA 6162

Five-bed family home | 556m² green title | Modern interior | Fremantle College catchment | Conflicting build age This house presents a strong proposition for a family seeking space and permanence in Beaconsfield. Its core strength is the substantial 556m² green title land parcel, a increasingly rare commodity, combined with a five-bedroom, dual-living-area layout that directly targets the premium family segment. The modern finishes, including a theatre and study, and the lack of development overlays suggest a straightforward, low-risk occupancy for a long-term holder. It is competitively positioned against newer stock by offering greater land utility. Critical due diligence must resolve the irreconcilable build date, as a 1948 structure implies major renovation costs versus a 2022 build. The valuation appears to lean heavily on land value, with the rental yield being modest for an investment purchase. Proceed only with a definitive building inspection to clarify construction quality and age; this determines if it is a land play with a rebuild option or a turnkey family home. For a buyer, its highest utility is as a primary residence. A recent sale at 79A Gibson Street, a 4-bedroom house on 201m², achieved $1,400,000. This comparable sale underscores that this property’s premium is anchored in its significantly larger landholding and additional bedroom, supporting its listed price positioning within the suburb.