50 Forest Lakes Drive, Thornlie WA 6108

4 bed, 2 bath, 2 garage | 680m² lot, 253m² build | Solar panels, no overlays | Thornlie, 20m elevation, 5m roof This house offers a rare combination of generous land and a large, well-configured building in a stable, owner-occupied pocket of Thornlie. The 253m² footprint on a 680m² lot with only 37% coverage leaves useful outdoor space, and the solar panels and FTTP reduce holding costs and improve appeal to long-term owner-occupiers. With no flood, bushfire, or heritage constraints, and a solid 1987 build, the property suits a family seeking a move-in-ready home with scope for minor updates. The street profile—90% owner-occupied and low turnover—signals low supply and stable demand, which supports price resilience. The buyer position is strongest for those who value space and location over renovation potential. The primary risk is the price gap between the current listing and the estimated value range, which may reflect an optimistic vendor expectation. The property last transacted at $305,000 in 2021 as a 3-bed, 1-bath, implying significant renovation—verifying quality and compliance is critical. The median Thornlie price of $870,000 and the nearby Forest Crescent comparables suggest the upper end of the range may be ambitious. For a buyer, the opportunity lies in negotiating toward the $870,000–$900,000 band, where the property becomes a solid hold for owner-occupation or a reliable rental at $805/week. Hold it as a long-term family home; the land and location will outperform the building over time.