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322 Warwick Road, Warwick WA 6024

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$600k - $700k Medium Confidence Calculated based on our search observations.

House 3 Beds 1 Bath 4 Cars

Listed: 2nd Jun 2026

Updated: 5 hours ago

Overview

This property is zoned R20/40, presenting an excellent opportunity for triplex subdivision, subject to council approval. It currently benefits from a tenant paying $570 per week, with the lease secured until 5th April 2025, providing immediate rental income for investors.

The residence features three bedrooms and one bathroom, offering comfortable living space. Positioned with an elevated rear aspect, the property overlooks tree tops and the skyline, enhancing the living experience with pleasant views.

Conveniently located just 300 meters from the Greenwood Hotel and local shops, the property is also close to schools and public transport options. For leisure and recreation, Watermans Bay and Marmion Beach are approximately a 10-minute drive away, providing access to beautiful coastal amenities.

The property is being sold in its current condition, with a 'first in best dressed' approach for interested buyers. This presents a unique chance to secure a property with subdivision potential in a sought-after location.

Additional information includes the local government area being the City of Joondalup. Annual water rates are approximately $1065.91, and council rates are approximately $1549.52, reflecting the ongoing costs associated with the property.

Overall, this property offers a combination of investment potential, subdivision opportunity, and a desirable location close to essential services and coastal attractions.

Local Market Insights

In Warwick, Quiet Listings observed 19 new houses entering the market over the last 30 days, up from 5 during the previous 30-day period, with an average advertised asking price of $974,158. The property type mix of listed properties is predominantly Houses at 83%, followed by commercial properties (8%), and units (4%). The most active agency for houses in the Warwick area is currently Ray White, representing 26% of new listings, followed by Davey Real Estate with 16%. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.

While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.