Lot 56 (23) Cottonwood Crescent Dianella presents an excellent development opportunity for the private development sector given its prominent location, elevated position, ideal development size and readiness to develop. A particular feature of the site is its elevation that offers outstanding views across of the Perth CBD and the Darling Scarp.
This strategic parcel of land is in the transforming Dianella Media District Special Control Area zone where the adjacent Channel 7 (currently being developed) Channel 9 and 10 sites are progressing towards residential redevelopment. The prominent hillside locality and surrounding residential enclave will ensure that the residential end product is likely to be highly desirable and well received by the market place. There is currently a proposed sub-division plan for the property which provides for an attractive mix of single dwelling and group housing sites of various density codes.
The size of Dianella is approximately 10.8 square kilometres. There are 67 parks, covering nearly 15.4% of the total area. The population of Dianella in 2016 was 23486 people. By 2021 the population was 24169 showing a population growth of 2.9% in the area during that time. The predominant age group in Dianella is 30-39 years. Households in Dianella are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Dianella work in a professional occupation.In 2021, 72.60% of the homes in Dianella were owner-occupied compared with 72.00% in 2016.
Dianella has 12,211 properties. Over the last 5 years, Houses in Dianella have seen a 91.22% increase in median value, while Units have seen a 126.05% increase. As at 30 June 2026:
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