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12 Bishop Road
Middle Swan WA 6056

Bedrooms: 4
Bathrooms: 1
Car spaces: 1
Floor area: 107m2
Land area: 748m2
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Prime Investment Gem

Set on a substantial 748 SQM lot, this quality home, built in 1972, offers a remarkable investment opportunity for those who recognize its potential. While the four-bedroom, one-bathroom residence needs some renovation, the true appeal lies in the spacious land it sits on, which opens up numerous possibilities for development and improvement.
The large land area not only allows for potential expansion or redevelopment but also provides ample room for outdoor features and landscaping.
Zoned R20/35 (Potential to subdivide into two lots or retain and build, subject to approval.)
Although the house requires some updating, this property represents long-term value as a strategic investment in the dynamic real estate market. With land becoming increasingly scarce, especially in desirable areas, acquiring a lot of this size offers a unique chance to benefit from future growth and appreciation.
Features:
Solar panels
Air condition
Four good size bedrooms
Massive backyard
Council Rate: $1898 P.A.
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Property Details for 12 Bishop Rd, Middle Swan

12 Bishop Rd, Middle Swan is a 4 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 748m2 and floor size of 107m2. The place is currently for sale with Honsun (Australia) Realty Pty Ltd.

Building Type
House
Floor Size
107m2
Land Size
748m2

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About Middle Swan 6056

The size of Middle Swan is approximately 12.8 square kilometres. It has 10 parks covering nearly 5.3% of total area. The population of Middle Swan in 2011 was 2,702 people. By 2016 the population was 2,857 showing a population growth of 5.7% in the area during that time. The predominant age group in Middle Swan is 20-29 years. Households in Middle Swan are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Middle Swan work in a trades occupation. In 2011, 66.9% of the homes in Middle Swan were owner-occupied compared with 67.6% in 2016.

Middle Swan has 1,430 properties. Over the last 5 years, Houses in Middle Swan have seen a 110.59% increase in median value, while Units have seen a 152.73% increase. As at 31 October 2024:

  • The median value for Houses in Middle Swan is $665,068 while the median value for Units is $475,241.
  • Houses have a median rent of $590 while Units have a median rent of $313.
There are currently 10 properties listed for sale, and 1 property listed for rent in Middle swan on OnTheHouse. According to CoreLogic's data, 51 properties were sold in the past 12 months in Middle swan.

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Bryce Xu
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Honsun (Australia) Realty Pty Ltd
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