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Overview
This 432 square metre corner lot in the thriving suburb of Southern River offers a compelling prospect for developers and investors alike, primarily due to an approved Development Approval (DA) for subdivision into two separate lots. This established approval removes the risks and delays typically encountered with planning permissions, providing a streamlined path to realise development goals.
With an advantageous R40 zoning designation, the property provides flexible opportunities — from building quality homes catering to the demands of a growing local market to creating valuable investment assets. The corner positioning enhances the property's appeal, adding spatial advantage and potential design versatility for future builds.
Strategically located, the site sits opposite natural bushland and within close proximity to the expansive Sutherlands Park, offering residents access to recreational walking trails, sports facilities, and open green space. Such environmental benefits enrich the lifestyle prospects for future homes on this site.
For families, the location supports practical living needs, being only a short distance from Bletchley Park Primary School and falling within the catchment of Southern River College, a well-regarded educational institution. Nearby amenities including shops, cafés, restaurants, medical services, public transport, and major road links further enhance day-to-day convenience and connectivity.
In summary, this property represents a rare offering in a popular and growing suburb—ideal for developers looking to capitalise on an approved subdivision, or investors seeking exposure to Southern River's ongoing development potential. The groundwork is largely complete, ensuring that interested buyers can focus on realising their vision with confidence.
Local Market Insights
In Perth - South East, Quiet Listings observed 34 new parcels of land entering the market over the last 30 days, down from 36 during the previous 30-day period, with an average advertised asking price of $1,649,824. The property type mix of listed properties is predominantly Houses at 70%, followed by apartments (10%), and units (5%). The most active agency for land in the Perth - South East area is currently Tilt Commercial, representing 47% of new listings, followed by Ray White with 15%. 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 |
|---|---|
| SOLD BY TEAM SUTRISNO | |
| $699,000 - $749,000 Subdivision Approved |
Location
Market Insights for Southern River WA 6110
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