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287 Morley Drive East, LockridgeUNDER OFFER
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For Salehouse

287 Morley Drive East

Lockridge, WA 6054, Australia
UNDER OFFER
3 bed 1 bath 4 car728 m²

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About this property

A rare chance! This 728m² block offers incredible flexibility with R20/50 zoning - perfect for retain & build, duplex, or triplex development (STCA). Ideal for first-time buyers or investors, the home has been fully repainted, boasts a modern kitchen, 3 bedrooms, separate laundry and bathroom, and is currently leased at $730/week (lease ends 25 May 2026 - renewable or notice can be given). The property also features a borewell, shed, and a back area already slabbed, providing excellent entertaining and storage options, plus potential for further development. Key Features 728m² block with strong development potential R20/50 zoning - retain & build or full redevelopment (STCA) Potential for 2-3 dwellings (STCA) Currently leased $730/week, lease ends 25 May 2026 (renewable or notice can be given) Fully repainted, modern kitchen, 3 bedrooms, separate laundry & bathroom Solar panels for energy efficiency CCTV for added security Primary Schools Lockridge Primary School - local government primary school Good Shepherd Catholic School - Catholic primary school Eden Hill Primary School - government primary East Beechboro Primary School - another public option Casa Mia Montessori Community School - independent primary Secondary Schools Kiara College - government high school Hampton Senior High School - government high school Guildford Grammar School - independent PP-12 school Nearest Train Stations Success Hill Station (Midland Line) Noranda Station (Ellenbrook Line) Buyer / Investor Hook Whether you're a developer looking to unlock R50 potential, an investor seeking strong rental returns, or a first-time buyer after a move-in-ready modern home, this property offers the best of both worlds. Opportunities like this in Lockridge are rare - enquire today! Contact Ambika on 0415 209 995 to secure your inspection and discover the full potential of this incredible home. DISCLAIMER: This information is provided for marketing purposes only. While believed to be reliable, buyers must conduct their own due diligence. No warranty is given or implied.

Property Details

Property Type
house
Listing Type
For Sale
Bedrooms
3
Bathrooms
1
Parking
4
Land Area
728 m²
Listed
3 months ago

Repayment calculator

$4,116/month
$2,058 /fortnight
Loan $679,200 at 6.10% over 30 years

Price estimated from comparable nearby — edit below to use your own number

Upfront costs

Deposit$169,800
Stamp duty$34,839
Conveyancing (est.)$2,000
Total upfront$206,639
Verify with WA revenue office →
Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

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Neighbourhood

Living in Lockridge

This 3-bedroom house in Lockridge, WA 6054 sits within reach of public transport, local shops and nearby schools.

Schools near Lockridge

  • Good Shepherd Catholic Schoolprimary · PP-6 · CoEd
  • Lockridge Primary Schoolprimary · K-6 · CoEd

What's nearby

  • Morley Drive before Devenish Road (bus)42 m away
  • Better Pets n Gardens1.4 km away
  • Korbosky Park345 m away
  • Unnamed513 m away
  • Unnamed538 m away

Lockridge at a glance

Full suburb profile
Population
3,322
Median age
38
Household income
$1,206/wk
Median rent
$280/wk
Median mortgage
$1,300/mo

Source: ABS Census.

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Suburb market

Suburb price trend

Lockridge price trend

Median sold · House 3 bed

Compound growth +22.2% / yr over 4 yrs

$758kcurrent median

Suburb-wide medians from sold listings — a guide to the area, not this specific property.

Full Lockridge market

Within 5km

Nearby Properties

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