Back 287 Morley Drive East
Off Market

287 Morley Drive East

Lockridge WA 6054

3
1
4
85 m²
728.48 m²
House
Ambika SharmaAmbika Sharma, last sold this property on 22 May 2026 after 61 days on market.

Overview

R20/50 DEVELOPMENT OPPORTUNITY - 728m² LOCKRIDGE BLOCK

A rare chance! This 728m² block offers incredible flexibility with R20/50 zoning - perfect for retain & build, duplex, or triplex development (STCA). Ideal for first-time buyers or investors, the home has been fully repainted, boasts a modern kitchen, 3 bedrooms, separate laundry and bathroom, and is currently leased at $730/week (lease ends 25 May 2026 - renewable or notice can be given). The property also features a borewell, shed, and a back area already slabbed, providing excellent entertaining and storage options, plus potential for further development. Key Features 728m² block with strong development potential R20/50 zoning - retain & build or full redevelopment (STCA) Potential for 2-3 dwellings (STCA) Currently leased $730/week, lease ends 25 May 2026 (renewable or notice can be given) Fully repainted, modern kitchen, 3 bedrooms, separate laundry & bathroom Solar panels for energy efficiency CCTV for added security Primary Schools Lockridge Primary School - local government primary school Good Shepherd Catholic School - Catholic primary school Eden Hill Primary School - government primary East Beechboro Primary School - another public option Casa Mia Montessori Community School - independent primary Secondary Schools Kiara College - government high school Hampton Senior High School - government high school Guildford Grammar School - independent PP-12 school Nearest Train Stations Success Hill Station (Midland Line) Noranda Station (Ellenbrook Line) Buyer / Investor Hook Whether you're a developer looking to unlock R50 potential, an investor seeking strong rental returns, or a first-time buyer after a move-in-ready modern home, this property offers the best of both worlds. Opportunities like this in Lockridge are rare - enquire today! Contact Ambika on 0415 209 995 to secure your inspection and discover the full potential of this incredible home. DISCLAIMER: This information is provided for marketing purposes only. While believed to be reliable, buyers must conduct their own due diligence. No warranty is given or implied.

Features

3 bedrooms
1 bathroom
4 carspaces
85 m² floor area
728.48 m² lot size
House

Estimated Value

Based on this property and similar 3 bedroom houses sold in Lockridge over the last 12 months, the estimated median property value of 287 Morley Drive East is $755k.

Median value
$755k
Estimated value range
$580k - $910k
Median days on market
15
Estimated value trend
29%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Lockridge. 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 287 Morley Drive East

2026
Sold
Undisclosed
Private Sale/Treaty on 22 May 2026 by Ambika Sharma
2025
Rented
Undisclosed
Leased on 20 May 2025 by Coronis Bayside
2024
Sold
$610,000
21 May 2024 by Nic Pulvirenti, of Professionals TWT - Bassendean

Happy sellers in Lockridge

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

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

This is based on voluntary sentiment collected from 19 reviews in Lockridge over the last 12 months.

Local market activity for 3 bedroom houses in Lockridge

In the last 12 months, 51 three-bedroom houses similar to 287 Morley Drive East, have been sold.

This represents a 62% decrease in three-bedroom houses sales when compared to the previous 12 months.

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