46 Woodlands Street, Woodlands WA 6018

A well-located 3-4 bedroom, 1-2 bathroom home on a ~700-800 sqm block , this asset represents a blue-chip landholding in a tightly held coastal suburb. Likely built mid-20th century, the dwelling is functional with renovation potential, but the primary value is in the land, location, and redevelopment upside within one of Perth’s most desirable school catchments. From a valuation perspective, the property is likely positioned in the ~$1.4M-$1.7M range , consistent with Woodlands’ current market where older homes on full block s transact between ~$1.3M and $1.8M depending on condition and street appeal. This places it firmly in the owner-occupier premium segment, supported by proximity to Scarborough Beach, Herdsman Lake, and top-tier schooling options. Rental performance is secondary, with expected income around $750-$900/week (~2.5%-3.2% yield), reflecting its land-driven value rather than income focus. Strategically, this is a high-quality capital growth asset. The key upside lies in renovation, rebuild, or redevelopment potential combined with long-term scarcity of land in this location. Downside risk is low due to strong demand and limited supply. Overall, it suits buyers seeking long-term capital appreciation and lifestyle positioning, rather than high yield or short-term cash flow.