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 – 1.2–1.4km
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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