SOLD
Sold on 06 Aug 2024 for $2,508,888

721 Canning Highway
Applecross WA 6153

Bedrooms: 4
Bathrooms: 2
Car spaces: -
Floor area: 184m2
Land area: 1217m2
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Property Details for 721 Canning Hwy, Applecross

721 Canning Hwy, Applecross is a 4 bedroom, 2 bathroom House and was built in 1960. The property has a land size of 1217m2 and floor size of 184m2. While the property is not currently for sale or for rent, it was last sold in August 2024. There are other 4 bedroom House sold in Applecross in the last 12 months.

Building Type
House
Year Built
1960
Floor Size
184m2
Land Size
1217m2
Local Government
Melville
Lot/Plan
285/P005059

Last Listing description (October 2024)

Are you searching for a prime location in the sought-after suburb of Applecross? Look no further! This exceptional property, with only one owner for the last 30 years, is now available, offering a rare and valuable opportunity that doesn't come often.Key Features:Location: Nestled at the corner of Canning Highway and Carroll Street, this property is positioned in a highly desirable area with unbeatable convenience.Land Size: A massive 1217 SQM block, providing ample space and endless possibilities.Zoning: Residential R40, allowing for significant development potential.Current Home: A solid 4x2 home, offering a comfortable living space or rental income while you plan your next move.Why Live Here?Prime Location: Applecross is renowned for its leafy streets, affluent atmosphere, and excellent amenities. Living here means being part of a vibrant and prestigious community.Convenience: Enjoy easy access to the CBD, top-rated schools, beautiful parks, and the Swan River. This location offers a perfect blend of suburban tranquility and urban convenience.Lifestyle: Applecross provides a luxurious lifestyle with its proximity to cafes, restaurants, shopping centers, and recreational facilities. Everything you need is just a stone's throw away.Local Amenities:Education: Esteemed schools like Ardross Primary School and Applecross Senior High School are within close proximity, ensuring top-tier education for your children.Shopping: Garden City Shopping Centre is nearby, offering a wide range of retail, dining, and entertainment options.Recreation: Enjoy leisurely walks along the Swan River, play a round of golf at Royal Perth Golf Club, or relax in the lush surroundings of Heathcote Reserve.Transport: Excellent public transport links and easy access to major roads make commuting a breeze.Why Buy This Property?Development Potential: With R40 zoning, you can demolish the current home and subdivide the block into up to 6 street-front lots (subject to WAPC approval). Alternatively, retain the existing home and create 2 additional blocks with conditional WAPC approval already granted.Flexibility: Live in the existing home, lease it out for passive rental income, or land bank for future capital growth. The choices are yours!Investment: This property is being sold at block value, presenting an unparalleled investment opportunity in one of Perth's most coveted suburbs.Act Now!Don't miss out on this unique opportunity to secure a valuable piece of Applecross. Contact Ken Yan today for a no-obligation discussion about the immense potential of 721 Canning Highway. This could be the family treasure that defines your next generation's future.Contact: Ken YanPhone: 048888 6698Email: ken@xceedre.com.auSeize this rare chance to own a prime property in Applecross. Act quickly-opportunities like this are fleeting!

Property History for 721 Canning Hwy, Applecross, WA 6153

A timeline of how this property has performed in the market
Last Sold
$2,508,888
06 Aug 2024
  • 06 Aug 2024
    Sold for $2,508,888
  • 05 Jul 2024
    Listed for Sale Under Contract by Ken Yan Team
  • 09 Jul 1994
    Sold for $282,500

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About Applecross 6153

The size of Applecross is approximately 3.3 square kilometres. It has 12 parks covering nearly 12.8% of total area. The population of Applecross in 2011 was 6,579 people. By 2016 the population was 6,886 showing a population growth of 4.7% in the area during that time. The predominant age group in Applecross is 50-59 years. Households in Applecross are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Applecross work in a professional occupation. In 2011, 67.9% of the homes in Applecross were owner-occupied compared with 68.9% in 2016.

Applecross has 4,403 properties. Over the last 5 years, Houses in Applecross have seen a 67.58% increase in median value, while Units have seen a 34.27% increase. As at 30 September 2024:

  • The median value for Houses in Applecross is $2,275,017 while the median value for Units is $884,412.
  • Houses have a median rent of $1,100 while Units have a median rent of $700.
There are currently 49 properties listed for sale, and 9 properties listed for rent in Applecross on OnTheHouse. According to CoreLogic's data, 273 properties were sold in the past 12 months in Applecross.

Suburb Insights for Applecross 6153

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Contact agent
Ken Yan
Show contact details
Xceed Real Estate
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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.