Images and floorplans are provided for illustrative purposes and remain the property of their respective copyright owners.

69 Murray Road, Bicton WA 6157

Offers From $1.98m

House 3 Beds 1 Bath 2 Cars 931 m²

Listed: 8 hours ago

Overview

Situated in a highly accessible and family-friendly precinct near the river, this sizable 931 sqm property represents a rare opportunity for redevelopment and investment.

The R20 zoning of the site allows for subdivision into two prime blocks (subject to council approval), presenting flexibility for a variety of single or two-storey home designs sought by many buyers.

A solid, timber-framed home dating back to the 1950s currently occupies the block, maintaining liveability or rental income until future development occurs.

This land offers significant frontage and depth, enhancing its potential for capital growth or custom development. It is centrally located with Melville Plaza nearby and Point Walter Golf Course at the street's end, contributing to lifestyle appeal.

With its strong land value credentials, this property suits developers, investors, and land bankers looking to capitalize on a blue-chip location with promising future prospects.

Local Market Insights

In Bicton, Quiet Listings observed 10 new houses entering the market over the last 30 days, unchanged from 10 in the prior period, with an average advertised asking price of $1,652,400. The property type mix of listed properties is predominantly Houses at 52%, followed by villas (13%), and apartments (13%). The most active agency for houses in the Bicton area is currently Haiven Property, representing 40% of new listings, followed by Yard Property with 20%. 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.