492 Newcastle StreetWest Perth WA 6005
Property Details for 492 Newcastle St, West Perth
492 Newcastle St, West Perth is a 3 bedroom, 1 bathroom House and was built in 1940. The property has a land size of 696m2 and floor size of 133m2. While the property is not currently for sale or for rent, it was last sold in July 2023.
Last Listing description (January 2024)
This gorgeous circa.1940 bungalow property takes the term 'fringe dwelling' to an entirely new level!
Aside from the obvious aesthetic appeal of the charming dwelling, there's also 696sqm of prime urban real estate - zoned R160 (mixed-use residential/commercial) and brimming with development potential.
Inside the home, find three spacious bedrooms, a study, bathroom (two WCs) and character features such as original jarrah boards and soaring decorative ceilings. Set on solid limestone footings and with a quaint bullnose veranda, it could be returned to its former glory by a keen renovator.
Alternatively, take advantage of the hot rental market and lease this beauty in the short or medium term while you explore the exciting development options, including a potential mixed-use highrise complex (subject to local authority and WAPC approvals. Buyers to conduct their own due diligence and make enquiries to the City of Vincent).
Moments from Perth's CBD, Northbridge, Leederville and rail transport, this premium city fringe location is always in high demand. Stroll to festival and live music events, endless eateries on Oxford Street, and enjoy proximity to Loftus Recreation Centre, Hyde Park and magnificent Lake Monger.
Don't delay - contact Adam Whitford of Xceed Real Estate on 0406 616 608 with your interest today.
Features include:
Elevated 696sqm prime site with city views
Zoned R160 - mixed-use (residential/commercial)
Highrise potential
3-bedroom character home
Separate study area
Large workshop with ROW access
Bathroom, laundry, 2 WCs
Air conditioning
Large covered alfresco area
Gas cooking in the kitchen
Location (approx. distances):
Perth CBD 1.9km
Central Leederville precinct 900m
Leederville Station 1.0km
Hyde Park 1.5km
Lake Monger 1.8km
North Perth Primary School 1.3km
St George's Anglican School 1.6km
Aranmore Catholic School 2.0km
Property History for 492 Newcastle St, West Perth, WA 6005
- 27 Jul 2023Sold for $1,081,000
- 10 Aug 2022Listed for Sale Fr $1.5m Development Block
- 19 May 2022Listed for Sale Fr $1.7Million Top Location
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About West Perth 6005
The size of West Perth is approximately 2.3 square kilometres. It has 11 parks covering nearly 10.3% of total area. The population of West Perth in 2011 was 5,167 people. By 2016 the population was 5,618 showing a population growth of 8.7% in the area during that time. The predominant age group in West Perth is 20-29 years. Households in West Perth are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in West Perth work in a professional occupation. In 2011, 34.7% of the homes in West Perth were owner-occupied compared with 33% in 2016.
West Perth has 5,815 properties. Over the last 5 years, Houses in West Perth have seen a 39.41% increase in median value, while Units have seen a 40.33% increase. As at 30 November 2024:
- The median value for Houses in West Perth is $1,051,644 while the median value for Units is $573,831.
- Houses have a median rent of $640 while Units have a median rent of $675.
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