INDUSTRY hasn’t been the only contributor to growth in Canning Vale in the past 20 years. The suburb’s strategic location between Perth and Fremantle has made it attractive to the residential market, and it is estimated that about 80,000 people live in the City of Canning.
In 1986, Nigel Satterley undertook a special rural subdivision called Livingstone Park with lots ranging from 2,000 square metres to 5,000sq m. Mr Satterley said that, in 1989, the average price for blocks of land was $50,000, a far cry from today’s average price of $130,000.
In the years since, land in the area has been rezoned to allow for more residential development.
“Canning Vale was the turning point in lifting high standards in estate presentation and landscaping. Industrial and residential development have been married well,” Mr Satterley told WA Business News.
Developer Cedar Woods has recently received approval for high-density apartments on the site of the former Canning Vale Plant Farm.
Cedar Woods will build four apartment buildings on the site, and has development approval for the first site, where 46 apartments will be constructed.
Cedar Woods CEO Paul Sadlier said the council had recognised the need for a different market in line with good planning.
The site will also include compact standard lots, cottage lots and terrace housing with high-quality public open space.