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THE DEAL
Positioned in a quiet cul-de-sac in Belmont, this substantial 701sqm landholding presents a rare combination of immediate comfort and long-term opportunity. With an impressive 28.6 metre frontage and zoning of R20/R40, the property offers clear scope for subdivision or redevelopment, making it equally attractive to families, investors and developers seeking a strategic acquisition in a high-growth pocket.
The existing four bedroom, one bathroom residence has been loved and carefully maintained for over 30 years and remains entirely comfortable to move straight into or lease out while future plans are considered. The floor plan is practical and generous, featuring a spacious family room extension that opens onto a covered rear patio, creating a flexible living zone suited to both everyday life and entertaining. Whether retained as a rental, occupied as a primary residence or held during planning stages, the home provides genuine holding income and liveability.
The development fundamentals are compelling. The wide frontage lends itself to a potential side-by-side subdivision into two green title lots, while the R20/R40 zoning may also support the construction of up to three residences, subject to relevant approvals. Opportunities of this scale, in a cul-de-sac setting with such favourable proportions, are increasingly difficult to secure.
Location further strengthens the appeal. The property offers swift access to Optus Stadium, the entertainment precinct at Crown Perth, the Swan River, East Perth and Gloucester Park. Major amenities are all within easy reach, including Belmont Forum, Belmont Oasis Leisure Centre, Reading Cinemas, Costco, DFO Perth, both domestic and international airports, the Perth CBD, Ascot and Belmont racecourses, and Mineral Resources Park. The CBD and airports are approximately 10 minutes away, reinforcing the property’s long-term desirability.
SEALS THE DEAL
Offered for sale on an “as is, where is” basis, this is a straightforward opportunity to secure a prime parcel of land with genuine flexibility. Live in it, lease it, land bank it or redevelop it, the choice is yours.
Property features
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Carports
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Property snapshot by reiwa.com
This property at 29 Fisher Street, Belmont is a four bedroom, one bathroom house sold by Connor Boyle and David Murray at WHITEFOX Perth Pty Ltd on 29 Apr 2026.
Looking to buy a similar property in the area? View other four bedroom properties for sale in Belmont or see other recently sold properties in Belmont.
Nearby schools
Belmont overview
Belmont is a mixed-use suburb that spans five square kilometres and is located six kilometres east of Perth. Established in 1831, significant growth didn't occur until the 1950s and 1960s and more recently a population increase was experienced between 1991 and 2006, and more significantly still between 2006 and 2011.
Life in Belmont
A suburban lifestyle with local commercial facilities and a major city centre close by means that Belmont residents enjoy the best of both worlds. The Belmont City Centre is a thriving local retail and entertainment sector that includes the Belmont Forum Shopping Centre, restaurants, a tavern and a cinema. Close by is the Belmont Leisure Centre which is a recreational facility with pools, a gym and plenty of sporting options. There are a number of parks and bushland in Belmont, as well as two local schools.
Belmont quick stats
High end
$1.1m
Median
$900k
Low end
$794k
22.4 %
Annual growth
$900k
Annual median sales price
$827pw
Annual median rental price
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