BIG BLOCK, BIG POTENTIAL, BRILLIANT LOCATION!

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23 Linden Way, Forrestfield WA 6058

OFFERS INVITED

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$700k - $800k Medium Confidence Calculated based on our search observations.

House 3 Beds 1 Bath 4 Cars 700 m²

Listed: 3 days ago

Updated: 10 hours ago

Overview

Situated on a substantial 700m² block in the established suburb of Forrestfield, this property offers a unique blend of comfortable living and significant potential for future development. The existing home features three well-sized bedrooms and a functional single bathroom, catering effectively to families, couples, or tenants. Practicality is extended by the provision of two convenient off-street parking spaces.

What distinguishes this property most is its expansive landholding and the opportunities it presents. The large backyard provides ample scope for outdoor entertainment, play areas for children and pets, or enhancements to the property itself. Potential exists for dual occupancy redevelopment, subject to council approvals, making it an attractive prospect for buyers with a vision for maximising land use.

Currently tenanted until December 2026, the home offers a steady rental income of $645 per week, appealing to investors seeking reliable returns. For those prioritising location, the property's proximity to Perth Airport facilitates easy access for frequent travellers and FIFO workers. Additionally, access to major transport routes, local shopping, schools within the property's intake area, and recreational facilities in the Perth Hills all contribute to a well-rounded lifestyle offering.

Forrestfield remains popular among families and investors who value spacious plots and connectivity without sacrificing suburban comfort. This property’s positioning and attributes make it an excellent choice for those looking to invest, move in over time, or explore redevelopment possibilities.

Local Market Insights

In Forrestfield, Quiet Listings observed 16 new houses entering the market over the last 30 days, down from 20 during the previous 30-day period, with an average advertised asking price of $891,375. The property type mix of listed properties is predominantly Houses at 80%, followed by units (5%), and land (5%). The most active agency for houses in the Forrestfield area is currently Reiwa, representing 31% of new listings, followed by Porter Matthews Metro 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.