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Overview
This 720 square metre land parcel in Rivervale offers a rare and valuable development opportunity, situated in a suburb experiencing rapid growth and desirability. Zoned with the potential for R20, R50, and R100 development options, subject to necessary approvals, the site provides flexibility for a variety of residential schemes, catering to diverse development objectives.
Its strategic position benefits from excellent connectivity to essential transport routes and lifestyle amenities, including proximity to Belmont Forum Shopping Centre, Perth CBD, Perth Airport, Crown Perth, Swan River, and Ascot Racecourse, all within a short drive. This ensures any future residence or development will appeal to those seeking convenience paired with access to cultural and recreational hubs.
For developers, investors, or land bankers, this property's zoning and location suggest strong long-term capital growth potential, supported by the area's expanding infrastructure and community facilities like schools, parks, shopping centres, and public transport networks. Buyers should, however, undertake their own due diligence concerning subdivision and development feasibility to maximise investment outcomes.
In summary, 160 Knutsford Avenue presents a prime canvas ready for visionary development within a flourishing suburb, appealing particularly to those aiming to capitalize on urban growth and redevelopment trends in Western Australia.
Local Market Insights
In Perth - South East, Quiet Listings observed 58 new parcels of land entering the market over the last 30 days, down from 72 during the previous 30-day period, with an average advertised asking price of $786,134. The property type mix of listed properties is predominantly Houses at 70%, followed by apartments (8%), and land (5%). Ray White was the most active agency in this area, representing 25.1% of all new listings in the last 30 days. 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.
Location
Rivervale WA 6103
Market Insights for Rivervale WA 6103
Other properties in this postcode
* Search brackets are a technical classification derived from unverified metadata set by the listing agent for search filtering. It is not an official price guide, a valuation, or a representation of the seller's reserve. This data is provided for search transparency purposes only.
