8 First AvenueApplecross WA 6153
Property Details for 8 First Ave, Applecross
Last Listing description (December 2021)
We are pleased to present to the market the opportunity to purchase a corner development site in the Canning Bridge Activity Centre: 'Jacaranda Close' at 8 First Avenue, Applecross, WA.
The 2,227 sqm site is located on the doorstep of the Canning River and Swan River, in the prestigious riverside suburb of Applecross.
At present, the opportunity at Jacaranda Close includes eight leased townhouses that provide a holding income to a purchaser while development plans are pursued.
The property benefits from favourable planning controls and has a mixed-use zoning that allows for a 15 storey development with bonuses available if certain criteria are met.
A future development of this scale will likely enjoy Canning River and Swan River views with view corridors through to the Perth City skyline.
Jacaranda Close is ideally located amongst the leafy suburban streets with ease of access to nearby amenity, public transport and Perth's freeway network.
Seeking Expressions of Interest in the high $7 millions.
Property History for 8 First Ave, Applecross, WA 6153
- 05 Dec 2021Listed for Sale Please contact agent
- 12 Nov 2019Listed for Sale Please contact agent
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About Applecross 6153
The size of Applecross is approximately 3.3 square kilometres. It has 12 parks covering nearly 12.8% of total area. The population of Applecross in 2016 was 6887 people. By 2021 the population was 7228 showing a population growth of 5.0% in the area during that time. The predominant age group in Applecross is 60-69 years. Households in Applecross are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Applecross work in a professional occupation.In 2021, 69.90% of the homes in Applecross were owner-occupied compared with 68.90% in 2016.
Applecross has 4,701 properties. Over the last 5 years, Houses in Applecross have seen a 84.75% increase in median value, while Units have seen a 54.96% increase. As at 31 December 2025:
- The median value for Houses in Applecross is $2,692,068 while the median value for Units is $1,005,185.
- Houses have a median rent of $1,000 while Units have a median rent of $770.
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