Back Lot 186/40 Arundle Avenue
Off Market

Lot 186/40 Arundle Avenue

Greenmount WA 6056

1416 m²
Land
Last sold for $390,000
Doug ShawDoug Shaw, last sold this property on 12 March 2025 after 113 days on market.

Overview

YOUR DREAM AWAITS

Welcome to your dream canvas at 40 Arundle Avenue, nestled in the picturesque suburb of Greenmount! This exceptional parcel of land offers a rare opportunity for those looking to create their perfect sanctuary or investment. Spanning an impressive 1416 sqm (over 1/3 acre), this gently sloping block is ideally positioned and offers the opportunity to capture stunning views and provide ample space for all your aspirations. Imagine designing your own luxurious home complete with a sparkling pool, lush gardens, and outdoor entertainment areas that will make every gathering unforgettable! The prime location of this property means you are just moments away from everything. With plenty of room for creativity and development potential—subject to council approval—you could even consider building townhouses on this fantastic site! Whether you're seeking a peaceful retreat or an exciting project with endless possibilities, this land is ready for you to bring your vision to life. Don't miss out on the chance to secure such a remarkable piece of real estate in one of Perth's most sought-after suburbs. The combination of size, slope, and location makes it truly unique—perfectly suited for families wanting space or investors looking for growth opportunities. Get ready to embark on an incredible journey as you transform this blank slate into something extraordinary! **Property Features:** - Land size: 1416 sqm (over 1/3 acre) - Gentle slope ideal for construction of 2 storey home - Prime location with possible views - Ample space available for pool and outdoor amenities - Development potential subject to council approval **Nearby Attractions:** - Mundaring Weir Road – Scenic drive through nature reserves - John Forrest National Park – Perfect spot for hiking and picnics - Greenmount Hill Lookout – Breathtaking panoramic views - Midland Gate Shopping Centre – A hub of shopping & dining options - Swan Valley Wine Region – Renowned wineries & gourmet experiences Seize this incredible opportunity today at 40 Arundle Avenue—where your dreams can become reality!

Features

1416 m² lot size
Land

Estimated Value

Based on this property and similar land plots sold in Greenmount over the last 12 months, the estimated median property value of Lot 186/40 Arundle Avenue is $439k.

Median value
$439k
Estimated value range
$340k - $850k
Median days on market
91
Estimated value trend
13%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Greenmount. 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 Lot 186/40 Arundle Avenue

2025
Sold
$390,000
12 Mar 2025 by Doug Shaw, of Newman First National
2023
Sold
$385,000
17 Jul 2023 by Gary Warne, of Ray White Carters

Happy sellers in Greenmount

92%
92% of sellers in Greenmount reported that their sale price either exceeded or met their price expectations.

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

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

Local market activity for land plots in Greenmount

In the last 12 months, 5 land plots similar to Lot 186/40 Arundle Avenue, have been sold.

This represents a 17% increase in land plots sales when compared to the previous 12 months.

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