FOR SALE
$1,020,000

3201 Albany Highway
Armadale WA 6112

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 3058m2
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RARE OPPORTUNITY / DEVELOPMENT SITE

ASKING $1,020,000
11,000 sqm - Zoned R 15/60 Situated on 4 separate TITLES with 4 separate HOMES and 2 Street Frontage.
Looking for that new home or development, A project to land bank for the future?
Then you need to seriously look at these 4 parcels of land. Buy it yourself , form a syndication or get a few family and friends together, Move in and enjoy the country lifestyle while planning your future.
THESE'S PROPERTIES PROVIDES YOU WITH A NUMBER OF OPPORTUNITY, BENEFITS & OPTIONS!
• THERE ARE FOUR SEPARATE TITLES / FOUR SEPARATE HOMES / AND PROTENTIALY FOUR RENTAL INCOMES.
• 11,000 square meter, Zoned R15 / R60 and with access to Owtram Raod it unlocks the potential of the higher R 60 zoning density for development.
• Live in one while receiving rent from the other 3 properties?
• Plan your development while receiving FOUR rental incomes.
• LAND BANK FOR THE FUTURE.
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Property Details for 3201 Albany Hwy, Armadale

Building Type
Land
Land Size
3058m2

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About Armadale 6112

The size of Armadale is approximately 8.3 square kilometres. It has 38 parks covering nearly 8.1% of total area. The population of Armadale in 2011 was 12,853 people. By 2016 the population was 13,607 showing a population growth of 5.9% in the area during that time. The predominant age group in Armadale is 20-29 years. Households in Armadale are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Armadale work in a trades occupation. In 2011, 57.3% of the homes in Armadale were owner-occupied compared with 54.8% in 2016.

Armadale has 7,226 properties. Over the last 5 years, Houses in Armadale have seen a 170.70% increase in median value, while Units have seen a 147.73% increase. As at 31 October 2024:

  • The median value for Houses in Armadale is $578,291 while the median value for Units is $434,163.
  • Houses have a median rent of $560 while Units have a median rent of $513.
There are currently 80 properties listed for sale, and 25 properties listed for rent in Armadale on OnTheHouse. According to CoreLogic's data, 557 properties were sold in the past 12 months in Armadale.

Suburb Insights for Armadale 6112

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Will Trainer
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Raine & Horne Cannington
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Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.