FOR SALE
Offers From $699,000

16 Carleton Crescent
Forrestfield WA 6058

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 114m2
Land area: 809m2
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Invest in your future!

Seize this exceptional opportunity to invest, subdivide, or secure this fantastic investment opportunity. Nestled on a generous 809sqm block with R25/R60 zoning, this property is a rare find. The groundwork has already been laid, with previous planning approval to subdivide the back block – a great head start for your development plans so you know the sub-division process shouldn't be a problem.
The wide side access provides the ideal setup for a battle-axe driveway, making this property highly attractive to astute investors. Here’s what you can do:
Option 1: Retain and Subdivide
Retain the existing front house built in 1971 and proceed with subdividing the rear block (subject to council approvals). The R25/R60 zoning also opens the door to creating multiple dwellings. Consult with a surveyor to explore options for 2, 3, or even 4 homes.
Option 2: Rent Now, Develop Later
Rent out the modern, well-maintained front house while you plan your next move. This property will be easy to lease, thanks to its neat presentation, proximity to shops and public transport, and a massive 8x5m (approx.) powered shed with drive-in access.
Please note this property is already tenanted at $520 per week until 28 February 2025.
Option 3: Move in and Enjoy
Make this property your home and enjoy its spacious layout, convenient location, and fantastic features. The backyard offers plenty of space for family fun or entertaining, while the front house boasts:
A neat kitchen.
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Property Details for 16 Carleton Cres, Forrestfield

16 Carleton Cres, Forrestfield is a 3 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 809m2 and floor size of 114m2. The place is currently for sale with The Property Pod.

Building Type
House
Floor Size
114m2
Land Size
809m2

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About Forrestfield 6058

The size of Forrestfield is approximately 17.4 square kilometres. It has 22 parks covering nearly 32.4% of total area. The population of Forrestfield in 2011 was 11,811 people. By 2016 the population was 12,715 showing a population growth of 7.7% in the area during that time. The predominant age group in Forrestfield is 30-39 years. Households in Forrestfield are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Forrestfield work in a trades occupation. In 2011, 73.2% of the homes in Forrestfield were owner-occupied compared with 73.3% in 2016.

Forrestfield has 6,505 properties. Over the last 5 years, Houses in Forrestfield have seen a 101.14% increase in median value, while Units have seen a 53.51% increase. As at 31 December 2024:

  • The median value for Houses in Forrestfield is $740,106 while the median value for Units is $606,209.
  • Houses have a median rent of $630 while Units have a median rent of $565.
There are currently 22 properties listed for sale, and 9 properties listed for rent in Forrestfield on OnTheHouse. According to CoreLogic's data, 295 properties were sold in the past 12 months in Forrestfield.

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