FOR SALE
Suit Buyers From High $1M's

139 Whatley Crescent
Bayswater WA 6053

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 1933m2
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Prime Development Opportunity in Bayswater

Welcome to 139 Whatley Crescent, a golden opportunity for developers and investors alike. Situated on a spacious 1,933sqm cleared site, this property is strategically located to maximise the benefits of the new Metronet expansion, offering unparalleled potential in one of Bayswater's most sought-after areas.
Key Features:
- Strategic Location: Positioned for success, this property is conveniently situated to leverage the accessibility and growth potential brought by the new Metronet development, ensuring long-term value appreciation.
- Zoned R30: With an R30 zoning, the possibilities for development are vast. Whether you're considering a subdivision or a multi-dwelling project, this zoning provides the flexibility to realise your vision.
- Development-Ready: This site is primed and ready for development. Benefit from the convenience of a cleared block, with essential infrastructure such as sewer lines and water ready for connection, saving you valuable time and resources.
- Adjacent Development: With neighbouring development projects underway, this property is part of a burgeoning community poised for expansion, offering synergy and potential collaboration opportunities.
- Subdivision Potential: The sellers are prepared to facilitate the WAPC approval process for either a 6 or 7 lot subdivision, providing a streamlined path to unlocking the property's subdivision potential.
- Versatile Options: Explore various development possibilities, from building six townhouses to incorporating additional studios per lot (subject to council approval), offering versatility and maximising returns.
- Quality Assurance: Rest assured, the property has undergone meticulous preparation, with approximately 500 tonnes of Peet removed and clean filled and compacted, ensuring a solid foundation for your development endeavours.
Don't miss out on this rare chance to secure a prime development site in the heart of Bayswater. Whether you're a seasoned developer or an astute investor, 139 Whatley Crescent presents an unparalleled opportunity to shape the future of this thriving community.
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Property Details for 139 Whatley Cres, Bayswater

Building Type
Land
Land Size
1933m2

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About Bayswater 6053

The size of Bayswater is approximately 9.8 square kilometres. It has 40 parks covering nearly 15.1% of total area. The population of Bayswater in 2011 was 13,525 people. By 2016 the population was 14,436 showing a population growth of 6.7% in the area during that time. The predominant age group in Bayswater is 30-39 years. Households in Bayswater are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Bayswater work in a professional occupation. In 2011, 67% of the homes in Bayswater were owner-occupied compared with 67.7% in 2016.

Bayswater has 8,721 properties. Over the last 5 years, Houses in Bayswater have seen a 79.08% increase in median value, while Units have seen a 116.41% increase. As at 31 October 2024:

  • The median value for Houses in Bayswater is $973,373 while the median value for Units is $518,158.
  • Houses have a median rent of $680 while Units have a median rent of $600.
There are currently 54 properties listed for sale, and 9 properties listed for rent in Bayswater on OnTheHouse. According to CoreLogic's data, 370 properties were sold in the past 12 months in Bayswater.

Suburb Insights for Bayswater 6053

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Adam Whitford
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Xceed Real Estate - Padbury
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Disclaimer
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.