Firstly...are you sure they are jarrah and not som other more exotic timber? If you are fortunate enough to have a genuine 1932 built cottage I say "Don't Do it!" Just look at the beautiful timber in that floor! It would be sinful to paint it. I have a 1924 cottage with beautiful hoop pine floorboards all from the day it was built. My suggestion is to have the boards sanded and polished. I would not even dare go near them with polyurethane. I have turned back the clock and used the methods of the period of the house...a mix of pale boiled linseed oil and kero. Put it on with a mop or a deck mop or a wool mop leave it soak in. Re-do and leave it soak in,,,( you won't get patches...the floors will just soak it up.) Third coat, add a bit of turps to the mix as a white ant deterrent. Then, when the floors look like they've soaked up enough, get a big old fashioned string mop...if you can find one...or use a deck scrubber and old towels...or even a wad of new ones...100% cotton...its worth it, and rub off as much of the surplus as possible...wear sox so you will notice when the sox do not get oil stained anymore. First go is a long process but you will be really pleased when the floors have had several "drinks". After that you could get just an ordinary floor varnish or oil or just a sealant. Some of the modern wood treatments are really good. Then, every so often do the boards over with your "Oil Mop". You will never find timber like that again and, in my experience, it adds to the value of the house big time. Do what you like to any gyprock and plastered walls but PLEASE love your floorboards and any natural timber...especially from that era. I've been in this old cottage for 32 years. Everyone wants to know where I sourced the "new" floorboards", and who did I get to make my silky oak windows! Hope that helps.

White-tail spider in my track suit pants WHICH I WAS WEARING! I thought it was a lump of lint from the laundry, drew it out, and promptly flung it across the room once I realised... never to be seen again! How it didn't bite me and sat still to be picked up, I don't know - it must have known I wouldn't do it any harm. We lived in lots of country places, too... We were invaded by small black crickets one year, and lady bugs, another year, in your drawers, in your hair, in your pantry, in your undies... everywhere! And then the blue tongue lizard that would go in and out with our dogs via doggie door, and made itself a nest in our laundry... I gave up and left some old towels for it. Had an echidna get up into the wheel well of our car... wild brumbies in our patio... the list goes on. My husband still says that the most unwelcome visitor was his mother... I like her better than he does!

@Karen Hodge, I hear you!! Sometimes I think the estate agent should carry quite a bit of the blame actually. If they do their job correctly like you see in the adds on TV, they should bring these discrepancies to the attention of the sellers, stand on their morals and say if you can't get it better than this, then you'll have to find someone else to sell your home!! I know you can't make everybody "house proud" but the saying "do unto others" springs to mind. I bet if these same people bought a house not up to scratch, "a current affair" would hear about it but they don't think it wrong to simply walk out on a house that isn't being left nicely for the next family!! I have some friends that recently sold a house in Essendon, Melb and whilst the buyers were back and forth selling their own home, my friends kept watering the plants and even did things like painted out the wardrobes because of the scuff marks made over time!! They cleaned the entire two storey house from top to bottom and finished by mopping the floors as they were exiting. The buyers were so taken by the entire home, they bought it with almost all the furniture that my friends had in it!!

Just to confirm I have taken the great ideas presented here as advice only and have no intention to do some dodgy diy reno's. With the exception of a couple of quirky exposed timbers as you can see in my pictures there are no other exposed beams. As you can also see from the pictures there is a large roof space on the right (east) side of the house but the ceilings themselves are flat with a slight dip on the north wall. Based on my own personal experiences I would have to agree with Two's Company that there is a tendency towards rendered brick in WA (although there are still many exposed brick houses in my suburb) while double enclosed double garages are also highly desirable. I would also agree that toilets within the main bathroom and non traditional laundries may be considered unusual by many (but not all). Ensuites with toilets however are still very common. Also due to the nature of our work we would prefer the laundry separated from food/kitchen area. For a 4x2 house it is only around 155m2 excluding carport/alfresco which makes the rooms feel quite cramped, hence the desire to open up the family room. However, as Two's Company suggests we will need to first get a builder/eng in to check load bearing walls etc as this will undoubtedly affect what we can achieve within our budget. Having said that I still excited by many of your ideas and with luck hopefully can work some of them into the budget. Cheers all :)