47 Nanovich Avenue, Girrawheen WA 6064

Good bones, tricky edges | Corner block risk and pool liability | Ageing fabric on a 1970s build | Buyer beware of 2 open car spaces | Priced above suburb median by $190k. This property trades location and land size for dated amenity. The 683sqm corner block lifts the land value standalone but imposes higher fencing and maintenance costs, while the single bathroom and 1970s floorplan limit resale appeal to downsizers or first-home investors. The pool adds liability without premium return in this micro-market. The house can hold for long-term land banking but will structurally lag peers without full reconfiguration or knockdown rebuild. Comparable sales on 500-700sqm blocks in Girrawheen sit between $620k and $740k for similar three-one layouts. This listing overshoots by over $100k on estimated value, demanding a discount to match actual market evidence. The location serves a family buyer valuing primary school proximity and NBN FTTP, but the premium pricing only works for someone with capital to remediate the building envelope and reposition the asset through a renovation or subdivision play. Move forward with a property inspection reserve and a firm ceiling under $850k, or walk and watch for a lower-entry corner block in adjacent Koondoola.