Colliers International is pleased to present to the market a ready to go residential/retirement development site opportunity of 7 hectares located in the southern growth suburb of Furnissdale.
The site is in close proximity to the expanding retail and commercial amenity at Mandurah Forum and town centre and directly opposite the Serpentine River entrance to the Peel inlet.
The progressed planning of the site provides land developers the ability to acquire a project for short term development and land supply.
The residential development site is zoned "Residential Development" under the Shire of Murray Town Planning Scheme No.4.
The property benefits from the following key selling features:
Locational benefits close proximity to Serpentine River and Peel Inlet,
Proximity to the Mandurah CBD, Mandurah Forum and core retail and commercial amenity,
Progressed planning status of site,
Potential for a mix of land uses including residential and retirement (subject to approval),
Semi-rural lifestyle within close proximity to suburban amenity,
Digestible development site size for small to medium sized developers,
Potential to provide an alternative product mix of land and housing to Mandurah core and Ravenswood residential
estates.
Contact the Exclusive Selling Agents, Colliers International, for more information.
The size of Furnissdale is approximately 6.9 square kilometres. There are 8 parks, covering nearly 6.7% of the total area. The population of Furnissdale in 2016 was 1029 people. By 2021 the population was 1061 showing a population growth of 3.1% in the area during that time. The predominant age group in Furnissdale is 60-69 years. Households in Furnissdale are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Furnissdale work in a trades occupation.In 2021, 75.00% of the homes in Furnissdale were owner-occupied compared with 73.30% in 2016.
Furnissdale has 710 properties. Over the last 5 years, Houses in Furnissdale have seen a 84.37% increase in median value, while Units have seen a 190.08% increase. As at 31 August 2026:
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