FOR SALE
$4,500,000

89-97 Coolgardie Avenue
Ascot WA 6104

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 5085m2
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5085sqm CNR DEVELOPMENT SITE ZONED R20/40

Extremely rare opportunity to secure this mega size 5085sqm corner development site in the beautiful riverside suburb of Ascot. With a current Ascot medium house price of $870,000 (corelogic) this site offers developers plenty of options to maximise their return without compromise. Comprising of five individual 1017sqm green titled rectangular shaped lots totalling 5085sqm with a combined three street frontage of 150mt it is truly a developers dream. This Ascot location is walking distance to the picturesque Garvey Park and the beautiful Swan Rivers edge popular with canoeists and walking enthusiasts. Close by on the other side of Great Eastern Hwy is the new Redcliffe Train Station centred in the DA6 development zone an exciting state of the art suburb revamp that will transform old Redcliffe. The current crucial lack of housing stock in the Perth region amplifies that this is the perfect time to secure land and build for the future whether it is to sell or to lease. With endless development options on this site our design, develop and build team is ready to transform your real estate dream into a reality. Sites of the magnitude are rarely found and with strong interest expected you must express your interest today before it sells.
KEY FEATURES INCLUDE
• Iconic 5085sqm corner development site.
• Five individual 1017sqm green title blocks
• Zoned R20/40 residential oozing potential.
• 3 street access with huge 150mt frontage.
• Fully serviced with 5 sewer points & water.
• Develop units, villas, townhouses & homes.
• Subdivide into strata survey/green title lots.
• In-house Designer & Builder available now.
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Property Details for 89-97 Coolgardie Ave, Ascot

Building Type
Land
Land Size
5085m2

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About Ascot 6104

The size of Ascot is approximately 3.6 square kilometres. It has 12 parks covering nearly 44.2% of total area. The population of Ascot in 2011 was 2,268 people. By 2016 the population was 2,580 showing a population growth of 13.8% in the area during that time. The predominant age group in Ascot is 50-59 years. Households in Ascot are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Ascot work in a professional occupation. In 2011, 70.9% of the homes in Ascot were owner-occupied compared with 70% in 2016.

Ascot has 1,815 properties. Over the last 5 years, Houses in Ascot have seen a 45.81% increase in median value, while Units have seen a 77.87% increase. As at 30 November 2024:

  • The median value for Houses in Ascot is $842,147 while the median value for Units is $493,729.
  • Houses have a median rent of $800 while Units have a median rent of $623.
There are currently 22 properties listed for sale, and 4 properties listed for rent in Ascot on OnTheHouse. According to CoreLogic's data, 91 properties were sold in the past 12 months in Ascot.

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