Back 5 Rayleigh Street
Off Market

5 Rayleigh Street

Middle Swan WA 6056

3
2
2
House
Last sold for $733,333.33
Russell RathRussell Rath, last sold this property on 23 November 2025 after -19 days on market.

Overview

DEVELOPMENT GOLDMINE IN MIDDLE SWAN!

1, 3 & 5 Rayleigh Street - A Rare, Aligned Opportunity When the stars align, savvy developers take action. For the first time, three neighbouring properties-1, 3 & 5 Rayleigh Street-are being offered together, forming a massive 2,913m² development site (971m² each) in the fast-evolving Middle Swan area. With a flexible R20/35 zoning, this is your chance to create, retain, or redevelop - the potential here is as vast as the land itself. Whether you're looking to subdivide, build multiple dwellings, or secure a prime landholding for future capital growth, this offering ticks all the right boxes. All three homes are currently tenanted with long-term occupants, giving you immediate rental return as you plan and prepare your vision. While each property would benefit from cosmetic improvements and some tree clearing to front and rear yards, they provide a solid foundation to work from. Development Highlights: • Combined Land Size: Approx. 2,913m² (3 x 971m² lots) • Zoning: R20/35 - Ideal for multiple dwelling or retain-and-build strategies (STCA) • Prime Location: Quiet residential street in Middle Swan, close to schools, parks, transport & local amenities Property Overview: • 1 Rayleigh Street - 3 bed | 1 bath | Tenanted Requires significant cosmetic upgrades - ideal for a complete transformation • 3 Rayleigh Street - 3 bed | 1 bath | Tenanted Well-kept with aged interiors - a fresh update would go a long way • 5 Rayleigh Street - 4 bed | 2 bath | Tenanted In the best condition of the three, though still dated - an excellent candidate for renovation or retention • All properties require tree clearing to front and rear yards (easily manageable) • All are tenanted with secure rental income during your planning and application phases • Excellent potential to renovate, retain, or rebuild • Minutes from Midland Gate Shopping Centre, Swan Valley wineries, schools & transport • Easy access to Great Northern Hwy and Roe Hwy • Strong demand for housing in the growing Middle Swan corridor Opportunities like this don't come often. Get in touch today with Russell: 0429 927 720 or George: 0405 854 654 to discuss how 1, 3 & 5 Rayleigh Street could be the cornerstone of your next big project.

Features

3 bedrooms
2 bathrooms
2 carspaces
2 carport spaces
House

Estimated Value

Based on this property and similar 3 bedroom houses sold in Middle Swan over the last 12 months, the estimated median property value of 5 Rayleigh Street is $720k.

Median value
$720k
Estimated value range
$570k - $850k
Median days on market
23
Estimated value trend
20%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Middle Swan. 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 Rayleigh Street

2025
Sold
$733,333.33
Private Sale/Treaty on 23 Nov 2025 by Russell Rath, of Professionals Granger Clark Real Estate
2022
Rented
Undisclosed
Leased on 13 Jul 2022 by Jones & Co Property
2013
Sold
Undisclosed
Private Sale/Treaty on 15 Nov 2013 by Russell Rath, of Professionals Granger Clark Real Estate

Happy sellers in Middle Swan

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

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

This is based on voluntary sentiment collected from 5 reviews in Middle Swan over the last 12 months.

Local market activity for 3 bedroom houses in Middle Swan

In the last 12 months, 15 three-bedroom houses similar to 5 Rayleigh Street, have been sold.

This represents a 49% increase in three-bedroom houses sales when compared to the previous 12 months.

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