FOR SALE
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8 Parker Street
Northbridge WA 6003

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 548m2
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Prime Northbridge Development Opportunity

We're thrilled to present 8 Parker Street, Northbridge for sale-a rare gem offering exceptional vacant land in one of Perth's most coveted inner-city locations.
THE OPPORTUNITY
This prime property opens doors to a plethora of development possibilities, whether it's residential, commercial, or boutique hotel accommodations. Positioned advantageously, with premium location perks, generous plot ratio allowances, and close proximity to Perth CBD and key commercial hubs, it promises an outstanding development outcome. Imagine gazing over scenic Russell Square from your development in this vibrant locale!
LAND DETAILS
• Land Area: 548 square metres
• Frontage to Parker Street: 13.42 metres
• Frontage to Mountain Terrace: 13.42 metres
DEVELOPMENT GUIDELINES
• Plot Ratio: 4:1 with eligibility for a 20% plot ratio bonus
• Height Limit: 40 metres
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Property Details for 8 Parker St, Northbridge

Building Type
Commercial
Land Size
548m2

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About Northbridge 6003

The size of Northbridge is approximately 0.4 square kilometres. It has 3 parks covering nearly 7.2% of total area. The population of Northbridge in 2011 was 1,007 people. By 2016 the population was 1,290 showing a population growth of 28.1% in the area during that time. The predominant age group in Northbridge is 20-29 years. Households in Northbridge are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Northbridge work in a professional occupation. In 2011, 28.8% of the homes in Northbridge were owner-occupied compared with 34% in 2016.

Northbridge has 1,311 properties. Over the last 5 years, Houses in Northbridge have seen a -9.51% decrease in median value, while Units have seen a 37.98% increase. As at 30 November 2024:

  • The median value for Houses in Northbridge is $660,656 while the median value for Units is $558,200.
  • Houses have a median rent of $398 while Units have a median rent of $673.
There are currently 16 properties listed for sale, and 9 properties listed for rent in Northbridge on OnTheHouse. According to CoreLogic's data, 97 properties were sold in the past 12 months in Northbridge.

Suburb Insights for Northbridge 6003

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Lily Chong
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IQI WA Pty Ltd
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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.