469 Green Avenue, Armadale WA 6112

1913 four-bed on a large block | period character with 273m² footprint | redevelopment corridor location | investor and land-bank interest This house offers a combination that is uncommon in Armadale’s newer stock: a 1913 build with a 273m² footprint on a substantial lot. The scale alone gives it presence and flexibility, while the older construction appeals to buyers wanting character and a large block. Because the property sits within a corridor where nearby sites have been rezoned for higher density, its long-term potential is noticeably stronger than a typical suburban house. That makes it best suited to a buyer who values both immediate period charm and the capacity to hold for future redevelopment or subdivision, subject to planning approval. It would also suit a family looking for generous internal and external space on a quiet older street. Value may be shaped less by the house itself and more by what can be done with the land. The absence of a confirmed heritage overlay, combined with development activity in the immediate area, might support a premium from buyers anticipating zoning change. However, the older dwelling could require maintenance that offsets some of that upside. The lot size discrepancy between sources may also need to be resolved during due diligence, as it could affect how the land value is assessed. Rental demand is solid, but the strongest price influence is likely to be land-bank potential rather than current dwelling condition. >> Comparable Sales: 479 Green Avenue sold at $750k in 2025 | Property Price Band: $700K-$800K | Value Drivers: land size, redevelopment zoning, condition of period house