OFF MARKET

281 West Coast Highway
Scarborough WA 6019

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 97m2
Land area: 924m2
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Last updated 11 Nov 2024
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Property Details for 281 West Coast Hwy, Scarborough

281 West Coast Hwy, Scarborough is a 2 bedroom, 1 bathroom House and was built in 1951. The property has a land size of 924m2 and floor size of 97m2. While the property is not currently for sale or for rent, it was last sold in December 2021.

Building Type
House
Year Built
1951
Floor Size
97m2
Land Size
924m2
Local Government
Stirling
Lot/Plan
154/P000515

Last Listing description (February 2022)

This rare Scarborough property just metres from one of Perth's most popular beaches and the vibrant new beachfront precinct, presents an exceptional opportunity for an astute buyer seeking a generous landholding with exciting investment and development options.Ideally positioned beachside of West Coast Highway in the Gateway West Precinct, possible options for redevelopment according to the current Scarborough guidelines could include - a hotel, residential townhouses, residential apartments and serviced apartments.Metropolitan Redevelopment Authority (MRA) have a height restriction of eight storeys up to 29 metres (base height) with a possible additional 4 storeys (at the discretion and subject to Authority requirements) subject to meeting MRA development guidelines and relevant approvals. Buyers should make their own enquiries directly with the MRA. Development standards for the Gateway West Precinct on p92 and 93 of the MRA Scarborough Design Guidelines - view here.https://developmentwa.com.au/documents/589-scarborough-redevelopment-area-design-guidelines/viewdocument/589Property Features:* Expansive site - 924sqm.* Potential fabulous ocean views.* Two bedroom, one bathroom beach cottage in very poor condition. MRA Scarborough Design Guidelines - Gateway West Precinct (Preferred Land Uses):* Ground Floor - "Residential, hotel, serviced apartments."* Upper Floors - "Residential apartments, residential townhouses, hotel, serviced apartments."Lifestyle Features:* Beachside of West Coast Highway and metres to Brighton Beach.* 350m to C-Breez Kiosk a favourite with the local residents, Wild Fig Cafe, Grill'd Restaurant and the grassy Brighton Reserve.* 600m to the fabulous new Scarborough Beach Pool, Scarborough Surf Lifesaving Club, massive gymnasium facility and major shopping centre.* 700m to Scarborough Amphitheatre and a plethora of restaurants, bars, and cafes.Please call exclusive listing agent Rob Walker on 0410 144 211 for more details.

Property History for 281 West Coast Hwy, Scarborough, WA 6019

A timeline of how this property has performed in the market
Last Sold
$2,000,000
22 Dec 2021
  • 22 Dec 2021
    Sold for $2,000,000
  • 06 Nov 2021
    Listed for Sale Low $2m's
  • 30 Mar 2020
    Listed for Sale Offers considered in the $2mils
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About Scarborough 6019

The size of Scarborough is approximately 4.9 square kilometres. It has 17 parks covering nearly 14.9% of total area. The population of Scarborough in 2011 was 14,271 people. By 2016 the population was 15,460 showing a population growth of 8.3% in the area during that time. The predominant age group in Scarborough is 30-39 years. Households in Scarborough are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Scarborough work in a professional occupation. In 2011, 54.5% of the homes in Scarborough were owner-occupied compared with 56.4% in 2016.

Scarborough has 11,130 properties. Over the last 5 years, Houses in Scarborough have seen a 76.97% increase in median value, while Units have seen a 72.33% increase. As at 31 October 2024:

  • The median value for Houses in Scarborough is $1,240,825 while the median value for Units is $747,552.
  • Houses have a median rent of $850 while Units have a median rent of $670.
There are currently 87 properties listed for sale, and 14 properties listed for rent in Scarborough on OnTheHouse. According to CoreLogic's data, 567 properties were sold in the past 12 months in Scarborough.

Suburb Insights for Scarborough 6019

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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.