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Prime R40 Development Opportunity on 692sqm
Set on a substantial 692sqm parcel in a well-connected pocket of Joondanna, 166 London Street presents a compelling opportunity for developers, builders and investors seeking a site with genuine future potential. Zoned R40 under the City of Stirling Local Planning Scheme, the property offers strong scope for redevelopment (subject to relevant approvals) in a high-demand infill location.
The opportunity is further reinforced by established precedent next door, where a 6-unit development has already been completed-clearly demonstrating the site's potential and providing a strong blueprint for future outcomes. The rectangular configuration enhances design flexibility, allowing for efficient planning and maximising end value.
Positioned close to local shopping precincts, cafés, parks and public transport, and with convenient access to the Perth CBD, this is a strategic landholding within a suburb continuing to experience consistent growth and redevelopment. Whether you are looking to develop immediately or land bank for the future, this is an opportunity not to be overlooked.
Development Highlights
• 692sqm land holding in a high-demand inner-northern suburb
• Zoned R40 under the City of Stirling Local Planning Scheme
• Strong redevelopment potential (subject to council and WAPC approvals)
• Neighbouring property developed into a 6-unit site-clear precedent established
• Rectangular site offering flexible and efficient design outcomes
• Ideal for developers, builders, investors or land bankers
• Property subject to road widening requirements
• Located within a strong long-term development corridor with ongoing infill demand
Location Advantages
• Convenient access to the Perth CBD
• Walking distance to shops, cafés and restaurants (Dog Swamp & Flinders square)
• Nearby parks and recreational spaces
• Well serviced by public transport routes
• Easy access to major arterial roads and freeway connections
• Within the catchment for Coolbinia Primary School
• Within the catchment for Dianella Secondary College
PROPERTY PARTICULARS:
Shire Rates: $1,723.98 pa
Water Rates: $1,222.92 pa
City of Stirling
Property features
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Garages
1
Property snapshot by reiwa.com
This property at 166 London Street, Joondanna is a four bedroom, two bathroom house sold by Annie Kowal at Ray White Inner North on 01 Apr 2026.
Looking to buy a similar property in the area? View other four bedroom properties for sale in Joondanna or see other recently sold properties in Joondanna.
Cost breakdown
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Council rates: $1,723 / year
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Water rates: $1,222 / year
Nearby schools
Joondanna overview
The first of the northern suburbs which were born in the post War period of the 1940s was Joondanna. Originally named Joondanna Heights, Joondanna was chosen after the Perth Road Board launched a competition to find a suitable name in 1939. The competition was won by Mrs A Curtis of Donnybrook who suggested Joondanna as this was the name given by a Mr. Banks to his property. He is believed to have been the first settler and owner of land in the area.
Life in Joondanna
Joondanna contains a number of small shops to cater for daily grocery needs. The largest park within the region surrounds the water tower on Roberts Street and Albert James Park also provides for passive recreation. Joondanna also contains a primary school and a home for seniors.
Joondanna quick stats
High end
$1.4m
Median
$1.2m
Low end
$985k
22.3 %
Annual growth
$1.2m
Annual median sales price
$850pw
Annual median rental price
