23 Franklin RoadWanneroo WA 6065
Property Details for 23 Franklin Rd, Wanneroo
23 Franklin Rd, Wanneroo is a 4 bedroom, 2 bathroom House with 3 parking spaces and was built in 1984. The property has a land size of 14600m2. While the property is not currently for sale or for rent, it was last sold in October 2025. There are other 4 bedroom House sold in Wanneroo in the last 12 months.
Last Listing description (October 2025)
UNDER OFFER This is your chance to secure a premium parcel of land with serious long-term potential.
Positioned on the edge of urban expansion, 23 Franklin Road offers a stunning, nature-filled block with significant future development appeal. Zoned Urban Deferred under the Metropolitan Region Scheme and located within the highly sought-after Precinct 4 of the East Wanneroo District Structure Plan, this block is the golden ticket for smart investors.
Search "East Wanneroo District Structure Plan" to explore the full potential.
The Land – The True Investment
Set across a generous allotment, this is an exceptional opportunity to land bank in one of Perth's most promising growth corridors. Elevated with a mix of bushland and city views, the property combines natural beauty with untapped development value. Whether you're an investor, developer, or visionary home builder — this is your chance to secure a future-forward investment.
The House – A Bonus with Potential
Included on the property is a large 1980s-built home that was once a purpose-built recording studio and residence, as well as a substantial commercial-grade shed. With over 600 square metres of total space, the home is solidly constructed but has been left neglected for some time. It now requires a makeover but for the right buyer, it presents an exciting project or simply a placeholder while the land appreciates in value.
Location Highlights
• Close to Wanneroo Central Shopping Centre
• Easy access to Wanneroo Road and Joondalup Drive
• Nearby schools, sporting facilities and parklands
• Just 30 minutes to Perth CBD
• Surrounded by natural bushland with walking and biking trails
• Well positioned within the future East Wanneroo urban growth area
Whether you choose to restore the existing structure, redevelop, or simply hold and wait, the future is bright for this land. Opportunities like this, in locations of such strategic importance, are becoming increasingly rare. Land bank now and watch your investment grow.
Disclaimer:
This information is provided for general information purposes only and is based on information provided by the Seller and may be subject to change. No warranty or representation is made as to its accuracy and interested parties should place no reliance on it and should make their own independent enquiries.
Property History for 23 Franklin Rd, Wanneroo, WA 6065
- 16 Oct 2025Sold for $1,700,000
- 01 May 2025Listed for Sale Offers From $1,600,000
- 25 Feb 2015Listed for Sale $1,275,000
Recent sales nearby
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About Wanneroo 6065
The size of Wanneroo is approximately 20.1 square kilometres. It has 43 parks covering nearly 19.4% of total area. The population of Wanneroo in 2016 was 12067 people. By 2021 the population was 12113 showing a population growth of 0.4% in the area during that time. The predominant age group in Wanneroo is 30-39 years. Households in Wanneroo are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Wanneroo work in a trades occupation.In 2021, 73.80% of the homes in Wanneroo were owner-occupied compared with 74.90% in 2016.
Wanneroo has 5,786 properties. Over the last 5 years, Houses in Wanneroo have seen a 107.76% increase in median value, while Units have seen a 130.18% increase. As at 31 October 2025:
- The median value for Houses in Wanneroo is $862,477 while the median value for Units is $647,166.
- Houses have a median rent of $680 while Units have a median rent of $650.
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