OFF MARKET

581 Welshpool Road E
Wattle Grove WA 6107

Bedrooms: 4
Bathrooms: 1
Car spaces: 1
Floor area: 150m2
Land area: 10024m2
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Last updated 8 Jul 2024
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Property Details for 581 Welshpool Rd E, Wattle Grove

Building Type
Land
Year Built
1970
Floor Size
150m2
Land Size
10024m2
Local Government
Kalamunda
Lot/Plan
17/D065525

Last Listing description (September 2024)

Opportunities like there are rare!The offering may suit astute developers, investors and owner occupiers alike. This corner location property boasts a land area of 10,024 sqm presenting endless possibilities. Property Highlights:- Land Area: 10,024 sqm or 1.0024 ha- Ideal redevelopment site- Zoned: Light Industry- Some of the capable uses* include: o Logistics Centre o Warehouse o Fast Food Outlet o Service Station o Medical Centre o Bulky Goods o Motor Vehicle, Boat and Caravan Sales o Motor Vehicle Wash & Repair o Many other uses- Great proximity to major transportation routes including Roe Highway and Tonkin Highway- On the doorstep to RAV 7 road network - Approximately 20,000 to 30,000 vehicle traffic - Existing residential dwelling and some commercial improvementsThis is an unmissable chance to secure a property with outstanding potential in a prime corner location. Contact Max Vaghella to request a copy of the Information Memorandum. * - All uses would be subject to council approval and must comply with relevant regulations....

Property History for 581 Welshpool Rd E, Wattle Grove, WA 6107

A timeline of how this property has performed in the market
Last Sold
$1,100,000
26 Sep 2008
Listed for Rent
$550/w
14 May 2024
  • 02 Apr 2024
    Listed for Rent $550 / week
  • 11 Nov 2023
    Listed for Sale Price on Application
  • 15 Oct 2019
    Listed for Rent $300 / week
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About Wattle Grove 6107

The size of Wattle Grove is approximately 8 square kilometres. It has 8 parks covering nearly 5.9% of total area. The population of Wattle Grove in 2011 was 4,119 people. By 2016 the population was 5,969 showing a population growth of 44.9% in the area during that time. The predominant age group in Wattle Grove is 30-39 years. Households in Wattle Grove are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Wattle Grove work in a professional occupation. In 2011, 83.6% of the homes in Wattle Grove were owner-occupied compared with 83.5% in 2016.

Wattle Grove has 2,513 properties. Over the last 5 years, Houses in Wattle Grove have seen a 73.51% increase in median value, while Units have seen a 20.69% increase. As at 30 September 2024:

  • The median value for Houses in Wattle Grove is $874,104 while the median value for Units is $677,193.
  • Houses have a median rent of $700.
There are currently 13 properties listed for sale, and 5 properties listed for rent in Wattle grove on OnTheHouse. According to CoreLogic's data, 86 properties were sold in the past 12 months in Wattle grove.

Suburb Insights for Wattle Grove 6107

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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.