Back 5 Prowse Street
Off Market

5 Prowse Street

Bassendean WA 6054

3
2
2
1912 m²
House
Denise WellsteadDenise Wellstead, last sold this property on 16 February 2026 after 6 days on market.

Overview

1,912m² of Development Potential!

Set on an expansive 1,912m² landholding and zoned R20, this property presents a rare opportunity for developers and investors to secure a site with genuine scale, flexibility and upside. With the ability to accommodate up to four dwellings (STCA), this is a land-value proposition where the fundamentals do the heavy lifting. Positioned in a quiet Bassendean street just around the corner from the Swan River, this block offers size, privacy and future appeal in a location that continues to attract strong demand. Whether you're planning a multi-dwelling development or land-banking for the future, opportunities of this calibre are increasingly scarce. What You'll Adore! • Massive 1,911m² block zoned R20, ready for your vision • Potential for up to four dwellings (STCA) • Clear subdivision and redevelopment potential • Strong land value proposition in a tightly held pocket • Adjoining winter creek drainage reserve, providing additional separation from neighbouring homes • Large, usable site with excellent scale for future planning • Existing dwelling positioned to support future development considerations • Clear renovation potential for value-adding prior to redevelopment • Three-bedroom, two-bathroom home with multiple living areas • Functional layout suitable for holding income or interim use • Direct drive-in access to the rear • Powered workshop with drive-in access • Additional garden shed • Multiple carports plus space for caravan, boat or trailer • Expansive lawn areas and established greenery • Ideal location - walking distance to Success Hill Train Station, Bassendean Shopping Centre and the Swan River What's Around! • The Swan River via Point Reserve - approx. 350m • Bassendean Shopping Centre - approx. 600m • Success Hill Train Station - approx. 750m • Bassendean Primary School - approx. 850m • The heart of Bassendean - approx. 850m • The Last Crumb Cake - approx. 900m • Bassendean Hotel - approx. 1.1km • Guildford's Vibrant Café Hub - approx. 1.5km • Perth Airport (T3/4) - approx. 7.1km • Perth CBD - approx. 11km Properties offering this level of land size, zoning and location are increasingly rare. A truly ideal property for developers seeking their next project, or an investor looking to secure a strategic landholding with options - this is an opportunity that demands attention. Inspect, assess, and act - sites like this don't linger. Contact us today! Denise Wellstead: 0408 906 075 | denise@wellsteadteam.com.au Paul Hanich: 0417 996 411 | paul@wellsteadteam.com.au Built: circa 1971 Block size: 1,912m² Zoning: R20 Council Rates: approx. $2,411.38 pa Water Rates: approx. $1,365.17 pa NOTE: This property description provided is for general information purposes only. Professionals Wellstead Team believes that this information is true & correct but it does not warrant or guarantee the accuracy of the information. Prospective Buyers are asked to undertake independent due diligence regarding the property, as no responsibility canbe accepted by Professionals Wellstead Team for any information that may be deemed incorrect.

Features

3 bedrooms
2 bathrooms
2 carspaces
2 garage spaces
1912 m² lot size
House

Estimated Value

Based on this property and similar 3 bedroom houses sold in Bassendean over the last 12 months, the estimated median property value of 5 Prowse Street is $907k.

Median value
$907k
Estimated value range
$602k - $2.24m
Median days on market
15
Estimated value trend
18%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Bassendean. 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 Prowse Street

2026
Sold
16 Feb 2026 by Denise Wellstead, of Professionals Wellstead Team

Happy sellers in Bassendean

88%
88% of sellers in Bassendean reported that their sale price either exceeded or met their price expectations.

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

This is based on voluntary sentiment collected from 30 reviews in Bassendean over the last 12 months.

Local market activity for 3 bedroom houses in Bassendean

In the last 12 months, 61 three-bedroom houses similar to 5 Prowse Street, have been sold.

This represents a 38% increase in three-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 Bassendean

or
Skip the list and find your ideal agent to sell your propertyFind My Agent
© 2026 RateMyAgent