47 Edmondson Cres, Karrinyup WA 6018

Large 845m² R30 block | sought-after Karrinyup pocket | older home with redevelopment flexibility | premium coastal-adjacent positioning This property offers a rare combination of size and zoning in a tightly held suburb. The 845m² landholding, zoned R30, provides genuine subdivision or redevelopment optionality, which is the primary value driver. The existing dwelling, while original and dated, is structurally substantial and livable, meaning a buyer can hold and renovate while planning longer-term development. The location near Karrinyup Shopping Centre, beaches, and good school catchments ensures strong demand from families and developers alike. This property is best suited to a buyer who values land banking with immediate utility, or a renovator seeking to add value in a premium corridor. The principal risk is the condition and layout of the existing house, which may require significant capital to modernise, and the potential for development costs to erode margins if subdivision is pursued. The R30 zoning is moderate density, so any subdivision will require careful design and council approval, with no guarantee of a straightforward process. However, the absence of bushfire, flood, or heritage overlays reduces regulatory friction. The opportunity lies in the land’s flexibility: a buyer could renovate and sell, hold for capital growth in a supply-constrained suburb, or develop two dwellings on the site. The property’s character and established gardens also offer a unique selling point in a market dominated by newer builds. FTTP connectivity is a supporting value add.