Back 21 Odin Road
Off Market

21 Odin Road

Innaloo WA 6018

2
2
1012 m²
House
Last sold for $1,650,000
Reilly CunninghamReilly Cunningham, last sold this property on 23 December 2025 after 69 days on market.

Overview

Rare Quarter-Acre Site Permissible for 4-Storey Residential Development!

21 Odin Road is one of the rarest, development sites that has hit the Innaloo market in a long time. It is a renovated 2-bedroom 2-bathroom property on a flat, full quarter-acre/1,012m^2 land holding in the rezoned Innaloo precinct in the heart of Innaloo. This is a potentially up to 4-storey residential development site, contained within the Sub Precinct Area 2 under the Innaloo Precinct. The home on this block has been renovated significantly within the last few years into an extremely hospitable abode. It features two bedrooms, two bathrooms, alongside a theatre or potential 3rd bedroom. The rental potential is estimated to be atleast $800/wk or above, generating significant income for the new owner. With the first homebuyers 5% deposit scheme being introduced nation wide on October 1st, developing apartments has just become significantly more lucrative, with the price increase moving forward to be greater than otherwise initially anticipated. The home itself, containing significant value from the renovations, could be cut off the stumps and sold to someone who may transport it onto a vacant block of land. Given building costs and the extent of the housing crisis at the moment, its a very viable option for some, and certainly a value-adding factor which can't be overlooked. Water Rates: $1,003.28 FY 24/25 Council Rates: $1,648.81 pa For more informaiton, please contact your Area Specialist Reilly Cunningham on 0415 222 970 or reillyc@areaspecialist.com.au

Features

2 bedrooms
2 bathrooms
1012 m² lot size
House

Estimated Value

Based on this property and similar 2 bedroom houses sold in Innaloo over the last 12 months, the estimated median property value of 21 Odin Road is $805k.

Median value
$805k
Estimated value range
$640k - $1.65m
Median days on market
24
Estimated value trend
13%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Innaloo. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 21 Odin Road

2026
Rented
Undisclosed
Leased on 15 Feb 2026 by Perth Property Management
2025
Sold
$1,650,000
23 Dec 2025 by Reilly Cunningham, of Area Specialist Natalie Snooks
2022
Sold
$850,000
02 Jun 2022 by Ray Jennings, of Xceed Real Estate

Happy sellers in Innaloo

90%
90% of sellers in Innaloo reported that their sale price either exceeded or met their price expectations.

Innaloo stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 61 reviews in Innaloo over the last 12 months.

Local market activity for 2 bedroom houses in Innaloo

In the last 12 months, 5 two-bedroom houses similar to 21 Odin Road, have been sold.

This represents a 20% decrease in two-bedroom houses sales when compared to the previous 12 months.

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