Back 88 Matheson Road
Off Market

88 Matheson Road

Ascot WA 6104

3
1
2
0 m²
1055 m²
House
Last sold for $1,050,000
Sean PosnerSean Posner, last sold this property on 01 April 2026 after 5 days on market.

Overview

Under Offer in this Perfect Location!

Be located in this unbeatable Swan River and Country Style environment. This unique Ascot Racecourse area provides so much excellent space to build brand new family homes, all being on HUGE residential blocks! 88 MATHESON ROAD, ASCOT gives you 1,055 sqm of prime land and location to develop your new home and lifestyle on. Be only a short stroll from the Swan River AND just minutes to the City, Optus Stadium, Crown Resort, the Casino PLUS both Airport terminals, new Trainline infrastructure and Bus routes. Being located so close to all of these area features PLUS both the City and Swan River is definitely the investment positive of Location, Location AND Location! Established stables are in place at the rear of this property giving you many design options for the positioning of a large floorplan for a future new home. Retaining this stable building is ideal for any storage of furniture, gardening supplies and all the tools. Imagine knowing that your perfect backyard shed, combining as a home workshop is already built, approved and in your backyard! Stunning new homes are freshly built nearby, and they'll be able to provide great inspiration for any Architect and Builder in creating an individual house floorplan, plus the site plan to highlight a block of this 1,055 sqm area. Builders like working on these big sites. Having over a quarter acre of land really gives them plenty of room to move for materials and equipment. Also discover on this large site the solid 1950's original 3 Bedroom cottage style home. Built of the Fibro cladding and Tiled roof design which was the popular trend back in that historic era, this old home has always been owner occupied since new and has the potential to provide a strong rental return, along with the 4 registered stables, while waiting for any new building applications and plans to be fully approved by City of Belmont, who are the local council. Strong dual rental returns can be achieved from this property while in it's current building structure condition, as the vacant stables and day yards are often in demand by the local racehorse trainers in this Residential and Stables zoned area, currently operating to an R10 density code. Well presented and in original condition, this Character home has 3 reverse cycle air conditioners, being in the lounge room and two of the three bedrooms. Jarrah floorboards throughout are also part of this original building character, sand them back to become an impressive feature. The wide front verandah plus the high ceilings, ornate cornices and lead lighting finishes provide a welcoming entrance to the home, along with the good street frontage of this 1,055 sqm block. This great space is giving many parking options for any of the lifestyle toys - be it Cars, Horse Floats, Trailers, Boats, Caravans, etc. Are you wanting to eventually build the best home ever for your family, and be in the ideal lifestyle location to provide a lot of open space for your children? 88 Matheson Road has all the potential to start you on this terrific journey! Feel free to reach out and contact Sean Posner for more details on this property and to learn more about this rare location, I have professionally sold and lived in this area for over 31 years now! Call or text - Sean on 04111 46430 or email direct to sean@propropertygroup.com.au

Features

3 bedrooms
1 bathroom
2 carspaces
1 carport space
1 garage space
0 m² floor area
1055 m² lot size
House

Estimated Value

Based on this property and similar 3 bedroom houses sold in Ascot over the last 12 months, the estimated median property value of 88 Matheson Road is $1.05m.

Median value
$1.05m
Estimated value range
$795k - $1.4m
Median days on market
18
Estimated value trend
25%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Ascot. 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 88 Matheson Road

2026
Sold
$1,050,000
01 Apr 2026 by Sean Posner, of ProProperty Group

Happy sellers in Ascot

94%
94% of sellers in Ascot reported that their sale price either exceeded or met their price expectations.

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

This is based on voluntary sentiment collected from 9 reviews in Ascot over the last 12 months.

Local market activity for 3 bedroom houses in Ascot

In the last 12 months, 8 three-bedroom houses similar to 88 Matheson Road, have been sold.

This represents a 56% increase in three-bedroom houses sales when compared to the previous 12 months.

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