18 Eldon Street, Dianella, WA 6059

FOR SALE - 2 HOMES, 1 BLOCK!

House
Type
4
Bedrooms
2
Bathrooms
2
Parkings
749 m²
Area

Published on Thursday, October 08, 2026 ( See property details for 18 Eldon Street, Dianella, WA 6059)

FOR SALE - 2 HOMES, 1 BLOCK!

  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A versatile property offering two original homes on a large, flat, R30-zoned block with development potential in the heart of Dianella, close to key amenities and transport links.

🏡 Property Highlights

  • Two functional 2-bedroom, 1-bathroom homes on a substantial 749sqm R30-zoned allotment
  • Immediate rental income with tenants in place, below market rent with potential for increased returns
  • Development potential with R30 zoning and generous landholding, subject to council approvals
  • Prime location close to Perth CBD, airport, schools, parklands, and amenities
  • Backs onto a park, offering a peaceful and scenic setting
  • Flat, easy-to-build-on block with a quiet street and great neighbours

✨ Key Features

  • Built in robes
  • Open-Plan Living
  • Outdoor Area
  • Waterfront / Views
  • Secure Parking
  • Outdoor Area / Balcony
  • Fully fenced
  • Garage / Secure Parking
  • Water tank
  • Pet-Friendly
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18 Eldon Street
Dianella, WA 6059
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Vertical aerial view — 18 Eldon Street
18 Eldon Street — Vertical Aerial  •  Dianella, WA 6059  •  Nearmap © 2026

Dianella is a highly sought-after suburb known for its family-friendly environment, excellent schools, and vibrant community. It offers easy access to Perth CBD, airport, and major transport routes, making it ideal for both investors and families. The area boasts beautiful parklands, shopping centres, cafes, and golf clubs, providing a balanced lifestyle with convenience and leisure. Its quiet streets and friendly neighbours create a welcoming atmosphere, while the potential for future development adds to its appeal.

What are the current zoning and development possibilities for this property?
The property is zoned R30, which allows for potential subdivision or development subject to council and WAPC approvals. Buyers should consult with local authorities for specific development guidelines.
Can I renovate or extend the existing homes?
Yes, the existing homes are largely original and offer scope for renovation or extension to increase value or improve rental returns.
What is the condition of the current properties?
Both homes are functional with minor improvements over the years, but they are largely original and may benefit from updates or refurbishment.
What are the rental income prospects for this property?
Current tenants are paying below market rent, with appraisals suggesting potential rents of approximately $725 and $650 per week for each unit.
What amenities and transport options are nearby?
The property is close to Perth CBD, airport, schools, parklands, cafes, and public transport routes, providing excellent connectivity.
Are there any existing planning or zoning restrictions that could affect development or subdivision plans? Are there any easements, covenants, or encumbrances on the land that could impact future use? What are the potential costs for council approvals and development applications? Are there any known issues with the existing structures or land that require repairs or remediation? Is there any history of flooding, bushfire risk, or other environmental hazards in the area? Are there any upcoming planning or infrastructure projects nearby that could affect the property’s value or livability? What are the strata or community title considerations, if applicable? Are there any additional costs associated with maintaining the property or land?

18 Eldon Street, Dianella, WA 6059 - More Details

FOR SALE - 2 HOMES, 1 BLOCK!

Whether you're looking for a timeless investment, a property to add serious value to through renovation, a block with subdivision potential OR a place to build your dream home. 18 Eldon Street presents an exciting opportunity to make use of so many options in the HEART of Dianella!

Positioned on a substantial 749sqm R30-zoned allotment, this unique property has had one owner since the 60's. Seeing the potential they decided to build two units connected by one roofline but never did a subdivision to separate the titles.

Originally constructed in 1969, the brick-and-tile property comprises two functional 2-bedroom, 1-bathroom homes, both of which remain largely original with minor improvements made over the years.

While there's certainly room to roll up your sleeves and give these homes a new lease on life, the real attraction here is the flexibility on offer!

With two existing tenancies providing an immediate rental income, investors can enjoy holding with the luxury of time while considering their options for the future.

Renovate and revitalise the existing residences, explore opportunities to improve rental returns, or investigate the development possibilities afforded by the generous landholding and R30 zoning (subject to relevant council and WAPC approvals).

The location makes this opportunity truly hard to pass. Just moments from some of the Perth inner north's favourite schools, parklands, cafes, eateries, golf clubs AS WELL AS the CBD / Airport! All part of what keeps the 6059 postcode consistently involved in conversations for Perth's favourite suburbs

CURRENT TENANCIES:
18A Eldon - Fixed Term Lease expiring 6/11/26 (ticks to periodic basis post term)
- Returning $395 per week
18B Eldon - Periodic Lease
- Returning $280 per week

Both rents are truly below market value.

RENTAL APPRAISALS (APPROX.)
18A Eldon - $725 per week
18B Eldon - $650 per week


FEATURES YOU'LL LOVE:
- Quiet Street with great neighbours
- R30 ZONING
- Approx. 20.12m frontage, narrowing to 15.09 at the rear
- 2 VERY Functional homes with spacious interiors & large rear yards
- Generously sized bedrooms & bathrooms
- Property back onto a park
- Flat block
- Great tenants

WHATS NEARBY:
- Perth CBD / Airport
- Great public / private schooling
- Morley Galleria / Dianella Plaza
- Easy access to public transport / arterial transport routes in every direction
- Cafes / Restaurants on Walter Rd and Beaufort St strips
- Dianella Open Space
- Mt Lawley Golf Club


Disclaimer:
This information is provided for general information purposes only and is based on information provided by the Seller and may be subject to change. No warranty or representation is made as to its accuracy and interested parties should place no reliance on it and should make their own independent inquiries.
Type
House
Bedrooms
4
Bathrooms
2
Parkings
2
Area
749 m²

Inspections times

  • Inspection Sat 10 Oct 12:00 pm

    Saturday 10 October
    12:00 pm - 12:30 pm
  • Inspection Sun 11 Oct 10:40 am

    Sunday 11 October
    10:40 am - 11:10 am
Thank you for submitting your reminder request.

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