49 Bondi Street, Mount Hawthorn WA 6016
49 Bondi Street, Mount Hawthorn WA 6016
491m² vacant land | approved plans on hand | elevated position | Mount Hawthorn location
The parcel at 49 Bondi Street is competitively strong as a ready-to-build residential lot in a sought-after suburb. Its 491 m² size is substantial for the area and the previously approved plans reduce typical development timeline. The elevated position is a genuine rarity offering design and passive solar advantages. This suits an owner-builder wanting a custom home or a developer with immediate construction timelines.
The key risk is verifying whether the approved plans remain current which could incur renewal costs and delays. Buyers should also factor in market movement since the 2022 sale. The commercial logic rests on the land’s scarcity in Mount Hawthorn and the potential time saving from existing approvals. Hold this property to build for value or trade as a scarce development site.
Detailed Independent Property Report prepared by PropCred Analyst team for 49 Bondi Street, Mount Hawthorn WA 6016
URL has been copied successfully!
Market Insight:
Mount Hawthorn is a high-performing inner-north suburb, positioned as a premium destination for affluent professionals and families. Demand is driven by this demographic seeking quality family housing and proximity to the city, supported by strong schooling options. The market exhibits exceptional price momentum, with houses achieving very strong annual growth, while units offer compelling yields in a rental market characterised by extremely low vacancy. Future growth is underpinned by sustained demand from high-income households, though key constraints include significant affordability barriers and a market sensitive to interest rate changes due to its elevated price point.
URL has been copied successfully!
PropCred Estimated Value
Bedrooms
-
Bathroom
1
Parking
-
Land
491m²
Assessments Delivered Today
URL has been copied successfully!