2A/4B Railway Parade, Midland, WA 6056 | Property Value & History | OnTheHouse
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2A/4B Railway Parade
Midland WA 6056

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Property Details for 2a/4b Railway Pde, Midland

Building Type
Land
Local Government
Swan

Last Listing description (April 2020)

This rare opportunity to secure a large parcel of land in a prime position does not come along often. This opportunity has arisen with the LLoyd Street Underpass to ensure access to the New Midland Hospital. The Lloyd Street Extension will eventually link Abernathy and Lloyd Street at the Great Eastern Highway Bypass giving greater access to Midland. Partial construction of this extension has already been completed in the Hazelmere area Whilst the site offers exposure to Lloyd St the properties are located at Lots 122, 604, 606, 608 & 610 Railway Parade, Midland WA 6056The property comprises 5 lots which will be sold as one parcel of land totalling 3,257 sqm and will offer a frontage of approx 80 metresTENDER OFFERS ARE TO BE VIA THE TENDER PORTAL AND CLOSE AT 2.30 pm (AWST) on FRIDAY 22nd November 2019 ("Tender Period") SITE DETAILS3,257 sqm - Vacant LandThe property is located in the Midland Redevelopment Authority area and is in the Victoria Precinct The Authority has adopted a precinct based Preferred and Contemplated land use system. The Scheme does not use Land Use ZonesLand Use Categories, groups together similar types of land uses into seven specific groupingsLand Use Tables then identify which of these categories are Preferred Uses or Contemplated Uses for each precinct within the Scheme Area Definitions of each land use within each category are provided in the Midland Redevelopment Development Scheme DocumentLand use - MRA - Victoria Precinct.Land Use Table: - Culture & Creative Industry- Commercial - Retail- Residential- Community- Dining & EntertainmentVICTORIA PRECINCT - SUB-PRECINCT 6: CALE STREET EASTDepending on what land use you are intending, the building specifications will range from 2 story minimum to Max : 5-8 stories Please refer to the MRA documents for the detailed guidelines in the Information MemorandumTENDER OFFERS ARE TO BE VIA THE TENDER PORTAL AND CLOSE AT: 2.30 pm (AWST) on FRIDAY 22nd November 2019For further Information, discussion, Information Memorandum and Tender Portal Information - please contact Cambell Giles

Property History for 2a/4b Railway Pde, Midland, WA 6056

A timeline of how this property has performed in the market
  • 08 Nov 2019
    Listed for Sale SALE BY TENDER CLOSING 2.30 PM 22 NOV 2019 (WST)
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About Midland 6056

The size of Midland is approximately 4.4 square kilometres. It has 8 parks covering nearly 6.8% of total area. The population of Midland in 2016 was 5972 people. By 2021 the population was 6335 showing a population growth of 6.1% in the area during that time. The predominant age group in Midland is 20-29 years. Households in Midland are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Midland work in a community and personal service occupation.In 2021, 34.60% of the homes in Midland were owner-occupied compared with 37.70% in 2016.

Midland has 4,846 properties. Over the last 5 years, Houses in Midland have seen a 110.76% increase in median value, while Units have seen a 132.18% increase. As at 31 March 2026:

  • The median value for Houses in Midland is $794,741 while the median value for Units is $599,131.
  • Houses have a median rent of $620 while Units have a median rent of $580.
There are currently 27 properties listed for sale, and 6 properties listed for rent in Midland on OnTheHouse. According to Cotality's data, 314 properties were sold in the past 12 months in Midland.

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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.