FOR SALE
EOI From $2,000,000

71 Pearl Parade
Scarborough WA 6019

Bedrooms: 3
Bathrooms: 1
Car spaces: -
Land area: 1037m2
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Prime Coastal Opportunity

Prime Coastal Opportunity – 71 Pearl Parade, Scarborough
Rarely does a landholding of this magnitude and potential become available in Scarborough. Nestled on a sprawling 1,037m² R40-zoned block, this 1965-built Scarborough Shack may not catch your eye for its dwelling, but the opportunity it offers is undeniable.
Situated just 1km from the iconic Scarborough Beach, the real value lies beneath your feet. The land boasts subdivision potential for up to four lots, making this a savvy investment for developers or land-bankers looking to capitalise on this highly sought-after location.
Key Features:
- Enormous 1,037m² land area
- Zoning: Residential R40 – potential for grouped dwellings or multiple dwellings
- Subdivision potential for up to 4 lots (pending approval)
- Dimensions: 17m frontage, 61m depth
- Building height allowance: 2-3 storeys (subject to excavation)
Unbeatable Location:
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Property Details for 71 Pearl Pde, Scarborough

71 Pearl Pde, Scarborough is a 3 bedroom, 1 bathroom House. The property has a land size of 1037m2. The place is currently for sale with The Agency Perth.

Building Type
House
Land Size
1037m2

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About Scarborough 6019

The size of Scarborough is approximately 4.9 square kilometres. It has 17 parks covering nearly 14.9% of total area. The population of Scarborough in 2011 was 14,271 people. By 2016 the population was 15,460 showing a population growth of 8.3% in the area during that time. The predominant age group in Scarborough is 30-39 years. Households in Scarborough are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Scarborough work in a professional occupation. In 2011, 54.5% of the homes in Scarborough were owner-occupied compared with 56.4% in 2016.

Scarborough has 11,130 properties. Over the last 5 years, Houses in Scarborough have seen a 76.97% increase in median value, while Units have seen a 72.33% increase. As at 31 October 2024:

  • The median value for Houses in Scarborough is $1,240,825 while the median value for Units is $747,552.
  • Houses have a median rent of $850 while Units have a median rent of $670.
There are currently 79 properties listed for sale, and 15 properties listed for rent in Scarborough on OnTheHouse. According to CoreLogic's data, 570 properties were sold in the past 12 months in Scarborough.

Suburb Insights for Scarborough 6019

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Corey Adamson
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Paul Tonich
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The Agency Perth
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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.