5 Corrigan Rise, Wungong WA 6112

Hills living but bushfire overlay | 1.1 hectares but 2% building coverage | Sunset views and solar panels | Rental yield under 3% by upper estimate The bushfire overlay is not a hypothetical risk, it directly increases insurance premiums and may restrict future building or subdivision. The 98% undeveloped land offers potential for outbuildings or a second dwelling, but the current 2% coverage and 244 square metre internal area signal this is bought for the land and location, not the house itself—which at nearly forty years old will require capital for updates. If you intend to hold long term, this is a lifestyle buy with land bank upside, not a core rental investment. What makes this property rare is the combination of 1.1 hectares, sweeping city views, and a swimming pool within 35 kilometres of Perth. That scale of private bushland block with solar panels and a pool is uncommon in the Armadale area, especially at this elevation. The property suits a buyer who values space and outlook over finishes and can absorb holding costs while the land appreciates, or who plans to build a new home on site and retain the existing structure for guests or rental income. The eleven thousand square metre lot and zoning potential are the primary levers here, and a buyer who has not yet checked the full site constraints with the local planning authority risks overpaying for hypothetical development rights that may not currently exist. Speak with a town planner before exchanging, and confirm the bushfire attack level classification to understand your true holding cost.