FOR SALE
Under Offer

142 Ravenswood Drive
Nollamara WA 6061

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Land area: 728m2
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Development Potential with Rental Income – 728sqm Block Zoned R40

Auction Location: Online Auction
Welcome to 142 Ravenswood Drive, Nollamara – a fantastic opportunity for investors, developers, or families looking to capitalize on a spacious block with subdivision potential. This 3-bedroom, 1-bathroom home sits on a 728sqm block and features a large workshop at the rear, perfect for hobbies or extra storage.
Zoned R40, the property offers incredible development flexibility, including the potential for a 3-lot subdivision. For those looking to de-risk, you could subdivide the rear block and retain the front home, creating multiple avenues for future profit.
Currently tenanted, this property is easily rentable and could seamlessly fit into your investment portfolio with tenants willing to stay longer on the right terms.
With options aplenty, this property won't stay on the market long! Book your private inspection with Steven Bethell and Adam Whitford today.

Property Details for 142 Ravenswood Dr, Nollamara

142 Ravenswood Dr, Nollamara is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1963. The property has a land size of 728m2. The place is currently for sale with Xceed Real Estate.

Building Type
House
Year Built
1963
Land Size
728m2

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About Nollamara 6061

The size of Nollamara is approximately 3.7 square kilometres. It has 15 parks covering nearly 17.9% of total area. The population of Nollamara in 2011 was 9,887 people. By 2016 the population was 11,568 showing a population growth of 17.0% in the area during that time. The predominant age group in Nollamara is 30-39 years. Households in Nollamara are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Nollamara work in a professional occupation. In 2011, 52.8% of the homes in Nollamara were owner-occupied compared with 52.6% in 2016.

Nollamara has 7,570 properties. Over the last 5 years, Houses in Nollamara have seen a 94.98% increase in median value, while Units have seen a 126.31% increase. As at 31 October 2024:

  • The median value for Houses in Nollamara is $669,260 while the median value for Units is $640,585.
  • Houses have a median rent of $620 while Units have a median rent of $620.
There are currently 42 properties listed for sale, and 5 properties listed for rent in Nollamara on OnTheHouse. According to CoreLogic's data, 370 properties were sold in the past 12 months in Nollamara.

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