338 Hale RoadWattle Grove WA 6107
Property Details for 338 Hale Rd, Wattle Grove
Last Listing description (December 2021)
CBRE Western Australian Retail Investments and Knight Frank, as joint exclusive selling agents, are pleased to present Wattle Grove Shopping Centre.
This offering presents the rare opportunity to acquire a recently constructed Aldi anchored neighbourhood shopping centre in the eastern growth corridor of the Perth metropolitan area.
Wattle Grove Shopping Centre is located 13km* from Perth CBD and in close proximity to the Perth International and Domestic Airport within the suburb of Wattle Grove. Strategically positioned on Hale Road taking advantage of over 17,500* vehicles passing by the site per day.
The centres income is underpinned by a long 10 year lease to anchor tenant Aldi and a quality mix of non-discretionary specialty tenants.
We encourage your strong consideration of this investment opportunity and we look forward to assisting you with your enquiries.
Property History for 338 Hale Rd, Wattle Grove, WA 6107
- 10 Apr 2021Listed for Rent $19,770 / year
- 03 Dec 2018Listed for Sale SOLD - $16,300,000
- 27 Nov 2018Sold for $16,300,000
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About Wattle Grove 6107
The size of Wattle Grove is approximately 8.0 square kilometres. There are 8 parks, covering nearly 5.9% of the total area. The population of Wattle Grove in 2016 was 5968 people. By 2021 the population was 6547 showing a population growth of 9.7% in the area during that time. The predominant age group in Wattle Grove is 30-39 years. Households in Wattle Grove are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Wattle Grove work in a professional occupation.In 2021, 83.90% of the homes in Wattle Grove were owner-occupied compared with 83.50% in 2016.
Wattle Grove has 2,533 properties. Over the last 5 years, Houses in Wattle Grove have seen a 90.98% increase in median value, while Units have seen a 22.21% increase. As at 31 July 2026:
- The median value for Houses in Wattle Grove is $1,090,924 while the median value for Units is $915,119.
- Houses have a median rent of $810.
Suburb Insights for Wattle Grove 6107
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