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5 Waldon Street, Wilson WA 6107

UNDER CONTRACT WITH JOEL AND JESSICA

Listed: 16th Jul 2026
Updated: yesterday
Overview

This property presents a rare and significant development opportunity on an expansive 984 square metre R40 zoned site in Wilson, one of Perth's rapidly transforming growth corridors. The generous land size combined with favorable zoning holds the potential to subdivide the site into up to four lots, subject to relevant approvals, making this parcel ideal for seasoned developers, investors, or land bankers seeking to capitalize on the strong demand for residential land in the area.

An existing vacant residence offers added flexibility, allowing buyers the choice to occupy, renovate, retain for holding income, or begin development immediately. The location itself is a key highlight, perfectly positioned just moments from Curtin University—an educational hub—and approximately 8 kilometres from the Perth CBD, underscoring excellent connectivity and access to major employment centers.

The suburb of Wilson benefits from well-established infrastructure, schools, and lifestyle amenities, including proximity to Westfield Carousel, Waterford Plaza, Bentley Plaza, and various parks and recreational facilities. These conveniences enhance the appeal of the location for a diverse range of buyers.

The site’s zoning, size, and location combine to make this a prestigious land banking or redevelopment investment in a market where sites of this caliber are increasingly scarce. It delivers notable long-term value prospects and development possibilities in an area positioned for continual residential growth and infrastructural enhancements.

  • Large 984sqm landholding under R40 zoning
  • Development potential to create up to four lots, subject to approvals
  • Existing vacant residence offering redevelopment flexibility or holding income potential
  • Conveniently located near key amenities and transport links
  • Strong growth suburb with solid infrastructure and education facilities nearby

This offering is particularly suited to investors or developers seeking a strategic land parcel with excellent subdivision potential in a sought-after urban growth area. It also presents opportunities for those interested in a longer-term land banking project within an evolving residential market.

The property will be sold in its current "as is" condition, underscoring the straightforward investment opportunity this site represents.

Local Market Insights

In Wilson, Quiet Listings observed 4 new parcels of land entering the market over the last 30 days, down from 12 during the previous 30-day period, with an average advertised asking price of $1,468,500. The property type mix of listed properties is predominantly Houses at 66%, followed by apartments (8%), and units (7%). The most active agency for land in the Wilson area is currently Stratton Realty, representing 25% of new listings, followed by Deximal Property Services with 25%. 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.

Change History
Headline When
UNDER CONTRACT WITH JOEL AND JESSICA
Offers Circa $1.35 Million
EXPRESSIONS OF INTEREST
Location
5 Waldon Street
Wilson WA 6107
Market Insights for Wilson WA 6107
New Listings (last 30 days)
4
Average price
$1,468,500
Lowest price
$499,000
Highest price
$3,750,000
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