40 Goldsmith Street, South Bunbury WA 6230

Large block family home with tennis court | 4 bed, 2 bath on 2024sqm | Flood overlay noted | Zoned for potential subdivision This property is competitively strong due to its exceptionally large 2024-square-metre residential lot in an established South Bunbury setting, which is rare for a standard family house. The double-brick construction from 1975, combined with a formal lounge and dining room, an open-plan kitchen and living area, and a separate bedroom wing, provides a functional layout suited to families seeking space and privacy. The inclusion of a tennis court and covered patio adds distinct recreational value, while the reported R20/30 zoning may offer subdivision or redevelopment appeal for investors or developers. This house serves best buyers who want a substantial landholding with immediate family living potential and future options. The flood overlay and flood management planning control may materially affect value or sale price, as it can limit development potential and increase insurance costs. The older build age from 1975 might require renovation or updating, depending on condition, which could influence the final price a buyer is willing to pay. The subdivision potential hinted by the zoning may be constrained by these flood controls, so buyers should weigh the land’s utility for their intended use against possible restrictions. These factors, rather than market averages, should guide price negotiation.