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Contact Agent For Address
Northam WA 6401

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Land area: 46.36ha
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Unlock This Prime Residential Development Opportunity in Northam

Discover an exceptional opportunity to invest in a substantial residential development site. Lot 9003 Throssell St offers a rare chance to secure a 46.3608-hectare parcel of land in one of Northam's most promising areas.
This expansive site, previously approved for a 375-lot residential subdivision, holds immense potential. Located near Northam's vibrant main shopping precinct, the property benefits from strong support from the Shire of Northam and the WA Planning Commission for residential development. Although the WAPC approval lapsed in November 2016, recent inquiries indicate enthusiastic local backing to advance this project.
Imagine developing a high-quality residential community in a growing town with a population of 6,548 (2024). Northam, located just 97 km northeast of Perth CBD, offers a blend of rural charm and urban convenience. With current farm cropping lease income of $6,000 per annum and a strategic position on the edge of existing residential areas, this property represents an outstanding investment or development opportunity.
Don't miss out on this prime development site. Contact Brian Anthony today for a copy of the Information Memorandum or to discuss how this property can fit into your investment portfolio.
Disclaimer: The information contained in this website has been prepared by eXp Australia Pty Ltd ("the Company") and/or an agent of the Company. The Company has used its best efforts to verify, and ensure the accuracy of, the information contained herein. The Company accepts no responsibility or liability for any errors, inaccuracies, omissions, or mistakes present in this website. Prospective buyers are advised to conduct their own investigations and make the relevant enquiries required to verify the information contained in this website

Property Details for Contact Agent For Address, Northam

Building Type
Rural
Land Size
46.36ha

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About Northam 6401

The size of Northam is approximately 26.8 square kilometres. It has 24 parks covering nearly 6.8% of total area. The population of Northam in 2011 was 6,580 people. By 2016 the population was 6,572 showing a population decline of 0.1% in the area during that time. The predominant age group in Northam is 50-59 years. Households in Northam are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Northam work in a trades occupation. In 2011, 66.5% of the homes in Northam were owner-occupied compared with 64.2% in 2016.

Northam has 4,246 properties. Over the last 5 years, Houses in Northam have seen a 108.84% increase in median value, while Units have seen a 3.66% increase. As at 31 August 2024:

  • The median value for Houses in Northam is $344,189 while the median value for Units is $201,882.
  • Houses have a median rent of $475 while Units have a median rent of $280.
There are currently 37 properties listed for sale, and 1 property listed for rent in Northam on OnTheHouse. According to CoreLogic's data, 276 properties were sold in the past 12 months in Northam.

Suburb Insights for Northam 6401

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Brian Anthony
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EXP AUSTRALIA WA
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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.