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Back 23 Franklin Road
Off Market

23 Franklin Road

Wanneroo WA 6065

4
2
3
0 m²
14600 m²
House
Last sold for $1,700,000
Derryn MastrangeloDerryn Mastrangelo, last sold this property on 15 October 2025 after 167 days on market.

Overview

UNDER OFFER Exceptional Offering in Wanneroo

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.

Features

4 bedrooms
2 bathrooms
3 carspaces
2 open car spaces
1 garage space
0 m² floor area
14600 m² lot size
House

Estimated Value

Based on this property and similar 4 bedroom houses sold in Wanneroo over the last 12 months, the estimated median property value of 23 Franklin Road is $917k.

Median value
$917k
Estimated value range
$590k - $4.6m
Median days on market
21
Estimated value trend
14%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Wanneroo. 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 23 Franklin Road

2025
Sold
$1,700,000
Private Sale/Treaty on 15 Oct 2025 by Derryn Mastrangelo, of Peard Real Estate - Hillarys

Happy sellers in Wanneroo

96%
96% of sellers in Wanneroo reported that their sale price either exceeded or met their price expectations.

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

This is based on voluntary sentiment collected from 57 reviews in Wanneroo over the last 12 months.

Local market activity for 4 bedroom houses in Wanneroo

In the last 12 months, 91 four-bedroom houses similar to 23 Franklin Road, have been sold.

This represents a 14% increase in four-bedroom houses sales when compared to the previous 12 months.

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Wanneroo

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Andy Bredow

Sellers who recommend Andy Bredow have praised them for being local expert, responsive, clear communication, supportive, great negotiation, honest and friendly

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Kirrily Macri

Sellers who recommend Kirrily Macri have praised them for being local expert, clear communication, responsive, honest, supportive, friendly and dedicated

  •   4.9   (685 reviews)
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Xavier Peacock

Xavier Peacock is a recommended agent for Wanneroo.  They have 17 local sales and collected 6 local reviews across the last 12 months.

  •   5   (27 reviews)
  •  6 Reviews in Wanneroo
  •  17 Sales in Wanneroo
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Adam Whitford

Sellers who recommend Adam Whitford have praised them for being clear communication, local expert, responsive, supportive, friendly, reliable and empathetic

  •   4.9   (193 reviews)
  •  4 Reviews in Wanneroo
  •  5 Sales in Wanneroo
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