SoldNov 5, 2025

13 Carleton Cres, Forrestfield, WA, 6058

$915,000

5
1
4
180 m²
1034 m²

House

30+ days on the market

Sold: Nov 5, 2025

What's around 13 Carleton Cres

Strategic Development Site with Holding Income 1034sqm R25/60

SUBDIVIDE or BUILD. Rare High-Density Development Opportunity R25/60 Forrestfield 13 Carleton Loop, Forrestfield 1034sqm Block | Zoned R25/60 Considering offers from $875,000 Opportunities of this scale and zoning are increasingly rare in Perth's tightening development market. Situated on a 1,034sqm parcel zoned R25/60, this Forrestfield site provides exceptional scope for multi-dwelling redevelopment in a high-demand growth corridor. Why This Site Stands Out. R25/60 zoning permits an average site area of 150sqm per dwelling (minimum 120sqm), enabling a wide range of multi-unit or townhouse configurations (STCA). Forrestfield is strategically positioned less than 15 minutes from Perth's Domestic and International Airports, making it a prime location for both residential demand and future growth. The immediate area benefits from proximity to Centro Forrestfield, Forrestfield Forum, Hartfield Park Recreation Precinct, schools, childcare, and medical facilities amenities that strongly support buyer demand for medium-density housing. Perth Market Context. According to REIWA (September 2025), Perth remains the fastest-growing capital city market in Australia, with median house prices rising 22% year-on-year and demand consistently outpacing supply. The vacancy rate remains at historic lows (0.6%), signalling a significant undersupply of housing stock and strong rental yields across both detached dwellings and new medium-density developments. Population growth in WA is projected at over 1.8% annually, fuelled by interstate and overseas migration, further underpinning demand for well-located residential product. Developers are increasingly targeting suburbs such as Forrestfield, where large lots with R60 zoning provide the flexibility to maximise density and capitalise on Perth's ongoing housing shortage. Investment Summary. Land Size: 1,034sqm Zoning: R25/60 Subdivision & multi-dwelling development potential (STCA) Location: Central Forrestfield, walking distance to shops, schools, recreation, and medical facilities Connectivity: 15 minutes to Perth Airport, direct access to major arterial routes This is a strategic acquisition opportunity for developers seeking to leverage Perth's undersupplied housing market, capitalise on ongoing capital growth, and deliver a high-demand residential product in a well-established, amenity-rich location. Location Highlights: Centro Forrestfield 500m Sprouts Early Learning 280m Lincoln Road Reserve 200m Foothills Medical Group 550m Forrestfield Primary School 700m Forrestfield Forum (Woolworths, Coles, Dome Café, gyms, restaurants & more) 1.2km Hartfield Park & Golf Club precinct 1.21.4km The current owners are inviting offers strictly by private negotiation. For further information or to arrange a confidential discussion, please contact Marcus Preece directly on 0411 222 105.

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