1/3-5 Banyard AvenueKelmscott WA 6111
Property Details for 1/3-5 Banyard Ave, Kelmscott
1/3-5 Banyard Ave, Kelmscott is a 3 bedroom, 1 bathroom House with 3 parking spaces and was built in 1972. The property has a floor size of 109m2.
Last Listing description (May 2019)
Don't miss this once in a life time opportunity to realise your dreams!
Development Site with 34 Units Development Approval.
This is an excellent opportunity to purchase a superb corner development site with Development Approval for a two level residential development within approx. 200 meters of Kelmscott railway station and town centre.
Large development site (3677 sqm) with existing rentable property
Less than 22km to the Perth CBD
Close proximity to Albany Highway, Tonkin Highway and Roe Highway
Relatively flat site with good soil conditions to build on and storm water disposal (geotech report is available on request).
All services are available at the front of the property.
Development Approval valid until Apr 2017 for a superb 2 levels residential development comprising 34 apartments
Periodically tenanted allowing options to continue lease up to construction start or vacant possession on settlement
The property is currently zoned R15/R40 and Shire has a proposal to increase to R60. Based on current zoning, there are several other options including up to 16off 3 or 2 Bedroom villas or 25off aged, dependent person s or single bedroom dwellings subject to Shire approval.
Owners can consider joint venture development with prospective buyers.
Property History for 1/3-5 Banyard Ave, Kelmscott, WA 6111
- 22 Feb 2016Listed for Sale From 1350000
Recent sales nearby
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0About Kelmscott 6111
The size of Kelmscott is approximately 15.0 square kilometres. There are 30 parks, covering nearly 33.1% of the total area. The population of Kelmscott in 2016 was 10462 people. By 2021 the population was 10575 showing a population growth of 1.1% in the area during that time. The predominant age group in Kelmscott is 30-39 years. Households in Kelmscott are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Kelmscott work in a trades occupation.In 2021, 70.60% of the homes in Kelmscott were owner-occupied compared with 70.30% in 2016.
Kelmscott has 5,732 properties. Over the last 5 years, Houses in Kelmscott have seen a 139.59% increase in median value, while Units have seen a 187.54% increase. As at 30 April 2026:
- The median value for Houses in Kelmscott is $835,608 while the median value for Units is $578,099.
- Houses have a median rent of $625 while Units have a median rent of $600.
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