4 Fraser StreetRockingham WA 6168
Property Details for 4 Fraser St, Rockingham
Last Listing description (May 2024)
Exciting Development or Lifestyle Opportunity!!
Nellie at Professionals is excited to present this fantastic opportunity to purchase a MASSIVE 1,031sqm block in a desirable coastal location. Whether you are looking to secure a vacant block in this already established area and build the dream home, or looking for your next development project, this could be the one for you!!
Regarding the amazing potential development, this property is Zoned R40 it can be subdivided into 4 lots, subject to council and planning approval. This means you could build your own coastal pad and sell off the other lots or build on those lots and rent out. The possibilities are endless. Areas like these are a developers dream; you will have no problems finding buyers or tenants for properties in these locations!
Vacant lots in established seaside locations are as rare as hen's teeth now, so if you are looking to get into this sought after area, here is your opportunity.
Located close to the local boat ramp, there is a cafe and the Palm Beach Jetty. Blocks like these don't last long, so call Nellie today to secure the dream!!
Disclaimer:
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 4 Fraser St, Rockingham, WA 6168
- 27 Mar 2024Sold for $805,000
- 25 Aug 2023Listed for Sale Offers from $799,000
- 09 Feb 2022Listed for Sale Mid 800s
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About Rockingham 6168
The size of Rockingham is approximately 12.9 square kilometres. It has 46 parks covering nearly 24% of total area. The population of Rockingham in 2011 was 14,159 people. By 2016 the population was 14,430 showing a population growth of 1.9% in the area during that time. The predominant age group in Rockingham is 50-59 years. Households in Rockingham are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Rockingham work in a trades occupation. In 2011, 59.1% of the homes in Rockingham were owner-occupied compared with 59.9% in 2016.
Rockingham has 10,013 properties. Over the last 5 years, Houses in Rockingham have seen a 107.81% increase in median value, while Units have seen a 102.91% increase. As at 31 October 2024:
- The median value for Houses in Rockingham is $700,993 while the median value for Units is $486,218.
- Houses have a median rent of $570 while Units have a median rent of $500.
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