Back 5 Market Street
Off Market

5 Market Street

Rockingham WA 6168

1582 m²
Land
Last sold for $1,100,000
George EdingerGeorge Edinger, last sold this property on 12 February 2026 after -1 days on market.

Overview

Rare Development Opportunity with DA for 17 SDA Apartments

An outstanding and increasingly rare development opportunity is now on offer in one of Perth's fastest growing suburbs. Situated just moments from the Rockingham Foreshore, this substantial landholding is being sold with a Development Application (DA) already in place for seventeen (17) Specialist Disability Accommodation (SDA) apartments, providing buyers with a significant head start in the development process. Opportunities of this nature are becoming harder to secure, particularly sites that combine scale, location, and an approved development outcome. With a generous land area of 1,582sqm, this site presents an ideal platform for developers or investors seeking a project with reduced planning risk and strong long-term demand fundamentals. The site also offers potential for a standard residential apartment development, subject to the relevant approvals. In addition, there is strong demand for defence housing due to the current shortage of accommodation throughout Rockingham and surrounding areas. FEATURES: - Approved Development Application for seventeen (17) SDA apartments. - 1,582sqm landholding. - Land offered with DA in place, allowing immediate progression to the next stage. - Strong demand for specialist and supported accommodation in the area. - Attractive proposition for Defence Housing Australiarelated demand. Located in the heart of Rockingham, the property enjoys close proximity to the vibrant Rockingham Foreshore, beaches, cafés, restaurants, and retail amenities. The area continues to experience strong demand driven by lifestyle appeal, infrastructure, and access to transport links, making it a highly desirable location for both residents and institutional housing providers. This strategic position further enhances the long-term viability and attractiveness of the approved development. For further information or to discuss the opportunity in detail, please contact George Edinger from Edinger Real Estate or Tony Delich from Knight Frank. Additional Listing Agent: Agent: Tony Delich (Knight Frank Australia) M: 0418 926 410 E: tony.delich@au.knightfrank.com

Features

1582 m² lot size
Land

Estimated Value

Based on this property and similar land plots sold in Rockingham over the last 12 months, the estimated median property value of 5 Market Street is $1.05m.

Median value
$1.05m
Estimated value range
$1m - $1.12m
Median days on market
42
Estimated value trend
74%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Rockingham. 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 5 Market Street

2026
Sold
$1,100,000
Private Sale/Treaty on 12 Feb 2026 by George Edinger, of Edinger Real Estate

Happy sellers in Rockingham

95%
95% of sellers in Rockingham reported that their sale price either exceeded or met their price expectations.

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

This is based on voluntary sentiment collected from 88 reviews in Rockingham over the last 12 months.

Local market activity for land plots in Rockingham

In the last 12 months, 4 land plots similar to 5 Market Street, have been sold.

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