5 Market Street
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About this property
An outstanding and increasingly rare development opportunity is now on offer in one of Perth's fastest growing suburbs. Situated just moments from the Rockingham Foreshore, this substantial landholding is being sold with a Development Application (DA) already in place for seventeen (17) Specialist Disability Accommodation (SDA) apartments, providing buyers with a significant head start in the development process. Opportunities of this nature are becoming harder to secure, particularly sites that combine scale, location, and an approved development outcome. With a generous land area of 1,582sqm, this site presents an ideal platform for developers or investors seeking a project with reduced planning risk and strong long-term demand fundamentals. The site also offers potential for a standard residential apartment development, subject to the relevant approvals. In addition, there is strong demand for defence housing due to the current shortage of accommodation throughout Rockingham and surrounding areas. FEATURES: - Approved Development Application for seventeen (17) SDA apartments. - 1,582sqm landholding. - Land offered with DA in place, allowing immediate progression to the next stage. - Strong demand for specialist and supported accommodation in the area. - Attractive proposition for Defence Housing Australiarelated demand. Located in the heart of Rockingham, the property enjoys close proximity to the vibrant Rockingham Foreshore, beaches, cafés, restaurants, and retail amenities. The area continues to experience strong demand driven by lifestyle appeal, infrastructure, and access to transport links, making it a highly desirable location for both residents and institutional housing providers. This strategic position further enhances the long-term viability and attractiveness of the approved development. For further information or to discuss the opportunity in detail, please contact George Edinger from Edinger Real Estate or Tony Delich from Knight Frank. Additional Listing Agent: Agent: Tony Delich (Knight Frank Australia) M: 0418 926 410 E: tony.delich@au.knightfrank.com
Property Details
- Property Type
- land
- Listing Type
- Sold
- Land Area
- 1582 m²
- Listed
- 3 months ago
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Neighbourhood
Living in Rockingham
This land in Rockingham, WA 6168 sits within reach of public transport, local shops and nearby schools. It is listed 57% above the $699,000 median of 59 comparable landswithin 5 km.
Schools near Rockingham
- Bungaree Primary Schoolprimary · K-6 · CoEd
- Rockingham Beach Primary Schoolprimary · K-6 · CoEd
- Rockingham Montessori Schoolprimary · PP-12 · CoEd
- Star of the Sea Primary Schoolprimary · PP-6 · CoEd
- Kolbe Catholic Collegesecondary · 7-12 · CoEd
- Rockingham Senior High Schoolsecondary · 7-12 · CoEd
What's nearby
- Dixon Rd Before Goddard St (bus) — 559 m away
- Bob Jane T-Marts — 652 m away
- Unnamed — 290 m away
- City Park — 319 m away
- Unnamed — 450 m away
Rockingham at a glance
Full suburb profile- Population
- 15,312
- Median age
- 49
- Household income
- $1,169/wk
- Median rent
- $300/wk
- Median mortgage
- $1,517/mo
Source: ABS Census.
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Suburb market
Suburb price trend
Rockingham price trend
Median sold · House 3 bed
Compound growth +19.0% / yr over 4 yrs
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Full Rockingham marketThis listing
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