SOLD
RECENT ADVICE
Sold on 16 Jul 2024 - Price Unavailable

Edison Circuit
Forrestdale WA 6112

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 16705m2
Sold By
David Lamb
MLV Real Estate
Stefan Quaresimin
MLV Real Estate
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Property Details for Lot 200 Edison Cct, Forrestdale

Building Type
Land
Land Size
16705m2
Local Government
Armadale

Last Listing description (July 2024)

Increasingly popular Industrial Location
Extensive Frontage (309m) to Edison Circuit
Bonus 9,438 sqm can be used for Storage / Commercial Vehicle Parking / Car Parking

Situated approximately 22 km's south-east of the Perth CBD, the subject is located within the established Industrial precinct of Forrestdale. Forrestdale has quickly become a coveted Industrial park servicing the southern metropolitan area with easy access to major arterial roads. With larger parcels in limited supply through out Perth, this presents an excellent opportunity for an owner occupier or astute investor/developer. The parcel constitutes a significant land holding of 26,143 sqm with approximately 16,705 sqm being developable.

Further features include:

General Industry & Industrial Business Zoning
Significant Parcel
Close Proximity to Tonkin Highway & Ranford Road
Developers Contributions Apply

*Upon a sales contract going unconditional the seller will pay the outstanding developers contributions,

MLV recommend all Buyers undertake their own due diligence regarding the site. For further information please contact the exclusive selling agents Stefan Quaresimin on 0421 929 686 or David Lamb on 0411 597 952

Property History for Lot 200 Edison Cct, Forrestdale, WA 6112

A timeline of how this property has performed in the market
Last Sold
16 Jul 2024
  • 16 Jul 2024
    Sold
  • 19 Jan 2024
    Listed for Sale UNDER OFFER!
  • 08 Jun 2022
    Listed for Sale $5,885,000 + GST
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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 2,024 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 14 properties listed for sale, and 8 properties listed for rent in Forrestdale on OnTheHouse. According to CoreLogic's data, 251 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.