44 Arundle Avenue, Greenmount WA 6056

44 Arundle Avenue, Greenmount WA 6056
vacant land in Greenmount | proposed 350sqm front lot | subdivision potential on 1,441mยฒ | quieter cul-de-sac setting What is competitively strong about this property is the combination of a large underlying parcel and a clearly proposed subdivision into a 350sqm front lot, which is relatively rare in an established suburb like Greenmount. The cul-de-sac arrangement suggests a quieter, more private position, and the land size offers genuine flexibility for a custom home build or a small-scale development project. This property is best suited to buyers who are comfortable with a land-only purchase and are looking to create a tailored dwelling rather than move into an existing house. It sits within a mixed neighbourhood of both land and housing stock, so the opportunity to build something new in an area with some established character is a distinctive edge. Factors that may materially affect the value of this property include the eventual cost and feasibility of subdivision, as well as the time required to obtain necessary approvals from the Mundaring council. The inconsistent sale records for the address suggest some caution is warranted when forming a view on price, as the transaction history may reflect different stages of the subdivision process. The lack of any built form or on-site amenities means the property’s value is tied almost entirely to its land potential and location, so buyers should weigh the likely holding costs and development timeline against the potential for a custom outcome in a quieter pocket.
Detailed Independent Property Report preparedย  by PropCred Analyst team forย 44 Arundle Avenue, Greenmount WA 6056
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Market Insight:

Greenmount presents as a stable, established suburb with a mature demographic profile. Demand is underpinned by owner-occupiers, evidenced by a high rate of mortgage holders and consistent sales activity. The market exhibits strong capital appreciation, supported by very low rental vacancy indicating tight supply. Future growth is linked to this supply constraint, though the stable population and limited new listings present a key risk to transaction volume and affordability pressures.
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PropCred Estimated Value

Bedrooms

-

Bathroom

Parking

-

Land

1441mยฒ

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