SOLD
Sold on 17 Jun 2024 for $2,650,000

12 Duncan Street
Victoria Park WA 6100

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 1012m2
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Property Details for 12 Duncan St, Victoria Park

Building Type
Land
Land Size
1012m2
Local Government
Victoria Park
Lot/Plan
139/P002916

Last Listing description (November 2023)

Knight Frank is pleased to present 12-14 Duncan Street, Victoria Park for sale, with the opportunity to acquire a high-profile corner site on the corner of Duncan Street and Shepperton Road.

Investment Highlights:

1,671 sqm site with dual street exposure.
Flexible development potential including mixed-use residential, office, retail, and commercial uses (STCA).
Extensive transport connectivity
Convenient location

The Town of Victoria Park is currently undertaking an extensive review into their Town Planning Scheme with their Draft Planning Scheme No 2 just released for community feedback. These beneficial changes for the site will likely offer increased use-flexibility and density through more thoughtful design guidelines.

The site is situated adjacent to Victoria Park Central Shopping Centre and behind the established commercial and retail precinct along Albany Highway. The Victoria Park locality boasts a wide range of Town Centre offerings, including shopping, dining and commercial offerings as well as benefitting from its central location only 3.5km from the Perth CBD. Features convenient access to public transportation and major arterial roads, such as Graham Farmer Freeway, Great Eastern Highway, and Kwinana Freeway.

For sale by 'Offers to Purchase'

For further information, please contact the exclusive selling agents:

Tony Delich
0418 926 410
Tony.delich@au.knightfrank.com

Zach Schreier
0452 071 037
Zach.schreier@au.knightfrank.com

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Property History for 12 Duncan St, Victoria Park, WA 6100

A timeline of how this property has performed in the market
Last Sold
$2,650,000
17 Jun 2024
  • 17 Jun 2024
    Sold for $2,650,000
  • 02 Feb 2022
    Listed for Sale Offers Above $2.5M
  • 24 Feb 2007
    Listed for Sale Not Disclosed
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About Victoria Park 6100

The size of Victoria Park is approximately 2.6 square kilometres. It has 16 parks covering nearly 12.7% of total area. The population of Victoria Park in 2011 was 8,539 people. By 2016 the population was 8,779 showing a population growth of 2.8% in the area during that time. The predominant age group in Victoria Park is 20-29 years. Households in Victoria Park are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Victoria Park work in a professional occupation. In 2011, 44% of the homes in Victoria Park were owner-occupied compared with 43.8% in 2016.

Victoria Park has 5,745 properties. Over the last 5 years, Houses in Victoria Park have seen a 65.75% increase in median value, while Units have seen a 66.91% increase. As at 31 October 2024:

  • The median value for Houses in Victoria Park is $1,004,008 while the median value for Units is $531,727.
  • Houses have a median rent of $750 while Units have a median rent of $580.
There are currently 24 properties listed for sale, and 9 properties listed for rent in Victoria park on OnTheHouse. According to CoreLogic's data, 302 properties were sold in the past 12 months in Victoria park.

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