SOLD
Sold on 28 Feb 2024 for $4,700,000

775 Armadale Road
Forrestdale WA 6112

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 1m2
Land area: 57870m2
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Property Details for 775 Armadale Rd, Forrestdale

Building Type
Commercial
Year Built
1940
Floor Size
1m2
Land Size
57870m2
Local Government
Armadale
Lot/Plan
3/D027786

Last Listing description (March 2024)

- Land Area - 5.7869ha- Prime location in fast growing suburb- Superb Armadale Road exposureThe Agency Projects is pleased to offer For Sale 775 Armadale Road, Forrestdale. A superb opportunity to purchase a significant high profile vacant land development site in an area set for tremendous future growth.LocationForrestdale is set for significant population growth within the next 15-20 years, plus the creation of a new industrial precinct capitalizing on Forrestdale's strategic location and access to the new Armadale Road and Tokin Highway.775 Armadale Road is perfectly positioned to be at the heart of the growth of the area.- 28 km to Perth CBD- 7.5 km to Cockburn Central- 7.5 km to Armadale Town Centre- next to large estate being developed by award winning developers ZoningR25/R40Potential 60-70 residential lots combined. Subject To Council Approval.Contact AgentEli Zhang 0420 619 118 eli@theagencyprojectswa.com.auDisclaimer:This information is provided for general information purposes only and is based on information provided by the Seller and may be subject to change. No warranty or representation is made as to its accuracy and interested parties should place no reliance on it and should make their own independent enquiries.

Property History for 775 Armadale Rd, Forrestdale, WA 6112

A timeline of how this property has performed in the market
Last Sold
$4,700,000
28 Feb 2024
  • 28 Feb 2024
    Sold for $4,700,000
  • 22 Apr 2022
    Listed for Sale From $6,800,000
  • 03 May 2021
    Listed for Sale From $6,000,000
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About Forrestdale 6112

The size of Forrestdale is approximately 31.8 square kilometres. It has 12 parks covering nearly 37.7% of total area. The population of Forrestdale in 2011 was 1,062 people. By 2016 the population was 1,088 showing a population growth of 2.4% in the area during that time. The predominant age group in Forrestdale is 50-59 years. Households in Forrestdale are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Forrestdale work in a trades occupation. In 2011, 78% of the homes in Forrestdale were owner-occupied compared with 74.3% in 2016.

Forrestdale has 2,025 properties. Over the last 5 years, Houses in Forrestdale have seen a 94.86% increase in median value, while Units have seen a 42.44% increase. As at 31 August 2024:

  • The median value for Houses in Forrestdale is $830,856 while the median value for Units is $513,696.
  • Houses have a median rent of $690.
There are currently 13 properties listed for sale, and 6 properties listed for rent in Forrestdale on OnTheHouse. According to CoreLogic's data, 225 properties were sold in the past 12 months in Forrestdale.

Suburb Insights for Forrestdale 6112

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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.