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Overview
Discover the rare opportunity to acquire a substantial property in one of Bassendean's most coveted locations. Situated on a generous 1,012 square meter parcel, this two-bedroom house presents a unique canvas in a blue-chip riverside suburb.
The existing home, built in 1954, offers original charm and character, inviting those with vision to renovate and restore or alternatively develop the land subject to council approval under the R20 zoning. With 84 square meters of building area, the property provides a practical footprint with potential to extend or rebuild, enhanced by drive-through access to the rear.
This sizeable landholding is becoming increasingly scarce in such an established and sought-after neighborhood, providing flexibility for renovators, builders, developers, or investors eyeing future growth. The location ensures an enviable lifestyle with proximity to the Swan River foreshore, parks, walking trails, and Bassendean’s town center. Convenient access to cafes, schools, the train station, as well as easy commutes to Perth CBD and the airport, magnify the appeal.
Currently tenanted until February 2027, the property promises an immediate income stream or an excellent opportunity for future planning.
- Spacious 1,012 sqm lot with development potential
- Three features: original home charm, drive-through rear access, R20 zoning
- Close to natural recreation spaces and urban conveniences
- Established area with promising long-term value
- Ideal for renovators, builders or investors
With council rates at $2,120 and water rates approximately $1,146 per annum, this property balances lifestyle appeal and practical ownership costs.
Local Market Insights
In Bassendean, Quiet Listings observed 21 new houses entering the market over the last 30 days, down from 27 during the previous 30-day period, with an average advertised asking price of $970,524. The property type mix of listed properties is predominantly Houses at 72%, followed by land (13%), and villas (6%). The most active agency for houses in the Bassendean area is currently Jones and Co Property, representing 29% of new listings, followed by Reiwa with 19%. 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 |
|---|---|
| From $950,000 | |
| From $1,000,000 | |
| From $1,200,000 |