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Overview
This property offers significant development potential with its substantial 972 square meter block located in Embleton. Zoned R60/R100, the site supports multi-storey residential development, allowing the creation of approximately 8 to 10 units based on the plot ratio and block size regulations.
Currently, there is a three-bedroom house on the land, which provides an opportunity to either live in the existing dwelling or rent it out while planning or waiting for future development. Its prime location provides convenient access to the nearby Galleria shopping centre and a direct route into the Perth CBD, making it appealing for developers, investors, or those seeking a long-term landbanking opportunity.
- Substantial land area with flexible development zoning
- Existing comfortable residence with three bedrooms
- Ideal for investors or developers looking for urban infill potential
- Close proximity to transport links and retail amenities
This offering combines immediate use with promising future possibilities, suitable for professionals or developers aiming to capitalize on urban growth trends in Embleton and the greater Perth region.
Local Market Insights
In Embleton, Quiet Listings observed 31 new houses entering the market over the last 30 days, up from 19 during the previous 30-day period, with an average advertised asking price of $1,023,452. The property type mix of listed properties is predominantly Houses at 74%, followed by townhouses (20%), and villas (4%). The most active agency for houses in the Embleton area is currently Ray White, representing 16% of new listings, followed by Reiwa with 13%. 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
Market Insights for Embleton WA 6062
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