8E Addis Street, Mullingar WA 6430

8E Addis Street, Mullingar WA 6430
Large block Mullingar | 3×2 brick built 1986 | Bushfire overlay flagged | Strong owner-occupied street | Solar and air conditioning included. This property presents a rare configuration advantage for Mullingar: a 1012sqm block in a street where 90% of properties are owner-occupied, which suppresses turnover and supports long-term value stability. The 278sqm building footprint at 28% land coverage leaves genuine scope for future expansion or subdivision, though that would require due diligence on the bushfire overlay. For a buyer seeking a family home with land, or an investor targeting the $760 weekly rental estimate, the positioning is soundโ€”especially given the proximity to North Kalgoorlie Primary School and the absence of flood or heritage constraints. The bushfire overlay is the primary risk, and it carries real cost implications for insurance premiums and any future development approvals. Buyers should verify the overlayโ€™s specific category and whether it triggers additional building standards or vegetation management obligations. The sale history inconsistency between 2014 and 2020 needs resolution via a title search, as it affects holding period clarity. That said, the asking price aligns closely with estimated value, suggesting limited negotiation headroom but also limited downside if the property is held for rental income or eventual land use intensification.
Detailed Independent Property Report preparedย  by PropCred Analyst team forย 8E Addis Street, Mullingar WA 6430
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Market Insight:

Mullingar is a small, family-oriented suburb in regional WA, attracting professionals and families seeking value and lifestyle. Demand is driven by this demographic, with recent sales activity indicating a tight market. House prices have experienced very strong growth, supported by high rental yields and low sales volumes. Future growth is linked to regional appeal, though limited supply and broader affordability constraints in outer areas present a key risk to momentum.
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PropCred Estimated Value

Bedrooms

3

Bathroom

2

Parking

-

Land

1012mยฒ

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