FOR SALE
From $450,000

73 Loton Avenue
Midland WA 6056

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 779m2
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2nd Chance!!! Prime Development Opportunity at 73 Loton Avenue, Midland!

Discover the perfect development block in the heart of Midland! This 25m wide block, zoned R100, offers an exceptional opportunity to build up to 8 apartments, subject to Council and WAPC approvals. Priced at an attractive $450,000, this block is ideally situated for convenience and growth.
Key Features:
Development Potential: Zoned R100 with the potential to build up to 8 apartments (subject to Council and WAPC approvals)
Location: Centrally located to all essential amenities
Shopping: Just a 5-minute walk to Midland Gate Shopping Centre, featuring a variety of shops, restaurants, pubs, bars, and a vibrant café strip
Transport: A 10-minute walk to Midland Train Station, with a swift 25-minute train ride to Perth CBD
Education: Only 5 minutes to La Salle College, 2km from Guildford Grammar, and 1.5km from St John of God Hospital
Security: Close proximity to one of WA's largest police centres
Accessibility: Just 10km from Perth Airport and 20km from Perth CBD
Don't miss out on this unique investment opportunity. Whether you're a developer or investor, this property offers immense potential in a prime location.
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Property Details for 73 Loton Ave, Midland

Building Type
Land
Land Size
779m2

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About Midland 6056

The size of Midland is approximately 4.4 square kilometres. It has 8 parks covering nearly 6.8% of total area. The population of Midland in 2011 was 5,109 people. By 2016 the population was 5,974 showing a population growth of 16.9% in the area during that time. The predominant age group in Midland is 20-29 years. Households in Midland are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Midland work in a trades occupation. In 2011, 39.8% of the homes in Midland were owner-occupied compared with 37.7% in 2016.

Midland has 4,740 properties. Over the last 5 years, Houses in Midland have seen a 71.14% increase in median value, while Units have seen a 88.93% increase. As at 31 July 2024:

  • The median value for Houses in Midland is $556,407 while the median value for Units is $418,897.
  • Houses have a median rent of $500 while Units have a median rent of $500.
There are currently 45 properties listed for sale, and 16 properties listed for rent in Midland on OnTheHouse. According to CoreLogic's data, 456 properties were sold in the past 12 months in Midland.

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