215/223 Great Eastern Highway, Belmont, WA 6104 | Property Value & History | OnTheHouse
OFF MARKET

215/223 Great Eastern Highway
Belmont WA 6104

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 7878m2
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Property Details for 215/223 Great Eastern Hwy, Belmont

Building Type
Land
Land Size
7878m2
Local Government
Belmont

Last Listing description (May 2018)

This site is an amalgamation of 7 properties totaling 7878sqm (approx) of prime development land with huge potential. Height limit for this land is currently 57m (STCA) which allows a wide variety of options including but not limited to hotels, apartments, offices, commercial space and much more.This prime development site is strategically located in between Burswood (casino and the new Perth Stadium) and the domestic airport, and within 6km of the Perth CBD. This site not only offers potential views of the Swan river, but also enjoys exposure to one of the busiest roads in Perth. This land presents a great opportunity for astute investors and developers to capitalise on the new Perth Stadium coming soon in 2018.Planning application and architectural designs has been completed for this development site for a combination of a 16 storey, 240 room hotel complex, 3 residential apartment towers conjoined to a multistorey car park along with peripheral consulting rooms, commercial offices, bars, health center, restaurant/take away and convenience shop. These plans can be made available to view for potential buyers upon request.Previous sale for this land in 2015 was at $13m. Do not miss out on this opportunity of a lifetime.All reasonable offers will be presented.Property Code: 3737

Property History for 215/223 Great Eastern Hwy, Belmont, WA 6104

A timeline of how this property has performed in the market
  • 31 May 2018
    Listed for Sale offers from $11,000,000
  • 14 Dec 2017
    Listed for Sale offers from $11,000,000
  • 09 Oct 2016
    Listed for Sale offers from $11,000,000
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About Belmont 6104

The size of Belmont is approximately 4.4 square kilometres. There are 10 parks, covering nearly 4.4% of the total area. The population of Belmont in 2016 was 6785 people. By 2021 the population was 6959 showing a population growth of 2.6% in the area during that time. The predominant age group in Belmont is 30-39 years. Households in Belmont are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Belmont work in a professional occupation.In 2021, 52.50% of the homes in Belmont were owner-occupied compared with 54.40% in 2016.

Belmont has 4,665 properties. Over the last 5 years, Houses in Belmont have seen a 95.11% increase in median value, while Units have seen a 90.06% increase. As at 31 July 2026:

  • The median value for Houses in Belmont is $1,026,862 while the median value for Units is $645,733.
  • Houses have a median rent of $748 while Units have a median rent of $700.
There are currently 31 properties listed for sale, and 14 properties listed for rent in Belmont on OnTheHouse. According to Cotality's data, 243 properties were sold in the past 12 months in Belmont.

Suburb Insights for Belmont 6104

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.