OFF MARKET

498 Newcastle Street
West Perth WA 6005

Bedrooms: 2
Bathrooms: 1
Car spaces: 6
Floor area: 180m2
Land area: 761m2
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Property Details for 498 Newcastle St, West Perth

498 Newcastle St, West Perth is a 2 bedroom, 1 bathroom House with 6 parking spaces and was built in 1955. The property has a land size of 761m2 and floor size of 180m2. While the property is not currently for sale or for rent, it was last sold in April 2022.

Building Type
House
Year Built
1955
Floor Size
180m2
Land Size
761m2
Local Government
Vincent
Lot/Plan
29/D024645

Last Listing description (May 2022)

SOLD AT TOP PRICE. WE HAVE BUYERS FOR MORE PROPERTIES

Be quick to secure this elevated, CORNER development block so perfectly and strategically located on the corner of busy Newcastle Street and Strathcona Street.

There is a bonus well-renovated house sitting on this large 761sqm block with commanding city views ! And with a right-of-way at rear, it is THE property astute investors will secure quickly.

This premium block offers substantial potential for the astute investors with options galore, develop or hold and renovate.

Just minutes to the Perth CBD, this CORNER block and property is perfect for the astute developer or long term investor.

Zoned Mixed Use Residential 160 (note all developments are subject to local authority and WAPC approvals)

The current, renovated, modern house featuring:
- 2 bedrooms
- 1 large bedroom with large walk-in-robe
- another bedroom of good size
- 1 Bathroom, 1 toilet, laundry
- Large shower recess
- Jarrah floorboards
- lounge and dining
- Gas Kitchen
- High ceilings
- Front large Courtyard and Rear yards
- Huge garage cum work shop
- Elevated block

And with BONUS rear right-of-way, you benefit from multiple dual access, all these greatly add value and returns to your development. Keep or develop, you are the winner to own this rare and property.

This is a gem for your portfolio!


For free appraisal, please feel free to contact Tris Ang, Licensee & Director of Assure Property Group, at 0404 820 888. Email: tris@assureproperty.com.au

DISCLAIMER: Whilst every care has been taken with the preparation of this information believed to be correct, neither the Advertiser, Agent nor the client nor servants of these, guarantee any of its accuracy or correctness. All parties must make their own enquiries to any bodies and satisfy themselves with any aspect. The information contained are not intended to form part of any contract and are very general in nature. Users of this advertisement must do their own full due diligence and images are for illustrative purposes only and may differ from actual.Absolutely no liability/no responsibility will be assumed by the Advertiser/Agent/Associates.

Property History for 498 Newcastle St, West Perth, WA 6005

A timeline of how this property has performed in the market
Last Sold
$1,650,000
14 Apr 2022
  • 14 Apr 2022
    Sold for $1,650,000
  • 24 Feb 2022
    Listed for Sale UNDER OFFER! MORE PROPERTIES WANTED!
  • 19 Jun 2011
    Sold for $950,000
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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.
There are currently 66 properties listed for sale, and 33 properties listed for rent in West perth on OnTheHouse. According to CoreLogic's data, 387 properties were sold in the past 12 months in West perth.

Suburb Insights for West Perth 6005

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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.