7/9 Doepel Street North Fremantle WA 6159

Heritage riverfront locale | 2766m² large lot | 3-level townhouse | 1997 built | Flood overlay This property presents a rare hybrid: a low-maintenance, modern three-level residence on a significantly larger parcel within a heritage streetscape, directly appealing to buyers seeking space and character without the upkeep of a traditional house. Its substantial lot size and tree-lined river proximity are enduring value drivers, best serving a professional or downsizer prioritizing location over pure land title. The three-bedroom layout with dual living areas supports flexible use, from primary residence to a potential extended family arrangement. Critical due diligence is required on the flood overlay’s specific insurance implications and any heritage restrictions affecting modifications, as these directly impact cost of ownership and future flexibility. The recent rapid valuation increase since 2022 necessitates verifying against current comparable sales to ensure pricing aligns with the nuanced risk profile. For a definitive assessment, our tailored report would pressure-test the valuation against precise local sales, detail the financial impact of the overlays, and model the total holding costs. The property last sold for $1,150,000 in November 2022. The subsequent estimated increase to approximately $1.9 million underscores a strong market movement, but must be validated against recent, like-for-like sales of other large-lot townhouses or units in North Fremantle to confirm its current premium is justified.