An opportunity exists to acquire the freehold interest in a large 13.38*hectare landholding in a rapid growth Perth Metropolitan corridor.
The land is ideally positioned immediately south of Costco's proposed second Perth store and to the north of a large tract of land to be developed by LWP and Department of Communities.
The land being zoned predominantly "Urban" under the Perth MRS and "Development" under the City of Kwinana LPS, is suitable for urban style development in the short term future, subject to an approved structure plan.
Two of the sites are improved with:
1. A substantial 5 bed, 3 bath Tudor style home with pool and tennis court; and
2. A single 4 bed, 1 bath home with multiple sheds.
The properties are offered for sale individually, or, in one line via Expressions of Interest campaign.
*Outline indicative only
*Image Source: GoogleMaps
* Approx
The size of Casuarina is approximately 9.9 square kilometres. It has 4 parks covering nearly 14.2% of total area. The population of Casuarina in 2011 was 1,400 people. By 2016 the population was 1,731 showing a population growth of 23.6% in the area during that time. The predominant age group in Casuarina is 20-29 years. Households in Casuarina are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Casuarina work in a trades occupation. In 2011, 84.7% of the homes in Casuarina were owner-occupied compared with 85.7% in 2016.
Casuarina has 321 properties. Over the last 5 years, Houses in Casuarina have seen a 56.65% increase in median value. As at 31 October 2024:
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