8 Thirlmere Road, Mount Lawley, WA 6050 | House for sale | OnTheHouse
 
FOR SALE
Low to Mid $2,000,000

8 Thirlmere Road
Mount Lawley WA 6050

Bedrooms: 3
Bathrooms: 1
Car spaces: 12
Floor area: 136m2
Land area: 988m2
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Renovate, Hold and Subdivide a Character Classic!

Renovate, Invest & Explore the Future Potential of a Character Classic
Positioned on an impressive 988m² block, this 1945-built, three-bedroom, one-bathroom character home presents far more than an opportunity to simply renovate. With its substantial landholding, R20 zoning and enviable location close to the Swan River, it offers buyers the chance to enjoy the property today while exploring a range of possibilities for future development and capital growth.
Period character is immediately evident, with a tuck-pointed brick façade leading to a distinctive coloured leadlight entry door. Inside, the home retains many of the architectural details associated with its era, including high ceilings, decorative cornices, architraves, picture rails and ceiling roses, complemented by generously proportioned bedrooms.
For those seeking an investment opportunity, the R20 zoning and approximately 988m² landholding provide scope to investigate subdivision, subject to the relevant approvals. The rear portion could potentially be separated and sold as its own lot, or the existing residence could be retained while exploring development at the rear.
Alternatively, there may be potential to consider a more substantial redevelopment of the site. Subject to planning requirements and approvals, the block could potentially be divided into two street-front lots of approximately 10m x 50m, creating the opportunity for two stylish new residences.
The property's position directly opposite Mount Lawley Hospital also introduces another avenue worth investigating. A prospective owner could explore with the relevant authorities whether a commercial rezoning or change of use may be achievable, potentially creating an opportunity to transform the property into a medical practice or professional consulting premises. Any such use or rezoning would, of course, be subject to council, planning and other statutory approvals.
Importantly, this is a substantial landholding in a tightly held and highly sought-after part of Mount Lawley, with the Swan River and Warndoolier Park (formerly Banks Reserve) precinct nearby, providing ample open space, gas BBQ facilities, a children's adventure playground, amphitheatre and basketball facilities, while the nearby riverfront connects to cycle paths leading towards Optus Stadium, Perth CBD and beyond.
For a buyer with a longer-term outlook, the lifestyle location is compelling, with combination of land, location, development potential and proximity to the river, all of which could provide an appealing platform for future capital growth, while allowing the property to be renovated and enjoyed in the meantime.
Constructed in brick and tile, the property offers an approximately 20.1m frontage and 50m depth, with ample space for parking and plenty of room to enjoy the existing home and grounds.
Only approximately 4.0km from the city, the property is also surrounded by a choice of respected public and private educational facilities, including Trinity College, Mercedes College, Perth College, Mount Lawley Senior High School and the new Edith Cowan University in the city.
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Property Details for 8 Thirlmere Rd, Mount Lawley

8 Thirlmere Rd, Mount Lawley is a 3 bedroom, 1 bathroom House with 12 parking spaces. The property has a land size of 988m2 and floor size of 136m2. The place is currently for sale with Mark Hay Realty Group.

Building Type
House
Floor Size
136m2
Land Size
988m2
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About Mount Lawley 6050

The size of Mount Lawley is approximately 4.3 square kilometres. There are 14 parks, covering nearly 9.3% of the total area. The population of Mount Lawley in 2016 was 11125 people. By 2021 the population was 11328 showing a population growth of 1.8% in the area during that time. The predominant age group in Mount Lawley is 30-39 years. Households in Mount Lawley are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Mount Lawley work in a professional occupation.In 2021, 61.10% of the homes in Mount Lawley were owner-occupied compared with 61.10% in 2016.

Mount Lawley has 6,323 properties. Over the last 5 years, Houses in Mount Lawley have seen a 76.71% increase in median value, while Units have seen a 87.98% increase. As at 31 July 2026:

  • The median value for Houses in Mount Lawley is $2,071,141 while the median value for Units is $738,661.
  • Houses have a median rent of $950 while Units have a median rent of $650.
There are currently 37 properties listed for sale, and 10 properties listed for rent in Mount lawley on OnTheHouse. According to Cotality's data, 258 properties were sold in the past 12 months in Mount lawley.

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Daniel Porcaro
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Mark Hay Realty Group
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