1-3 Lyall Street & 56 Melville Parade, South Perth, WA 6151 | Commercial for sale | OnTheHouse
 
FOR SALE
UNDER OFFER

1-3 Lyall Street & 56 Melville Parade
South Perth WA 6151

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 977m2
Land area: 2976m2
Improve this data
Inspection Times
No upcoming inspections scheduled.
Contact agent to arrange an inspection.
Share
Save

Under Instructions from the Mortgagee

RWC WA proudly present an outstanding opportunity to secure a significant development site. This prime offering, has a Development Approval for a 27 level, 118 unit, luxury residential tower.
The 2,976sqm corner site comprises of a view of the Swan River. This property comprises two relatively regular shaped lots, across two land holdings and titles including an 18 unit apartment block & a 2 level office building.
Property features:
• 2,976sqm level corner site
• 360 degree views of the Swan River, Kings Park and Perth Skyline
• DA for 27 levels and 118 apartments
• Ideal location for a high end product
• Leased with holding income
• Zoned - Centre R-AC0
• Corner allotment with significant frontage to Melville Parade and Lyall St
See More

Property Details for 1-3 Lyall Street & 56 Melville Pde, South Perth

Building Type
Commercial
Floor Size
977m2
Land Size
2976m2
Commute Calculator

About South Perth 6151

The size of South Perth is approximately 5.2 square kilometres. It has 20 parks covering nearly 28.6% of total area. The population of South Perth in 2016 was 12053 people. By 2021 the population was 12596 showing a population growth of 4.5% in the area during that time. The predominant age group in South Perth is 20-29 years. Households in South Perth are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in South Perth work in a professional occupation.In 2021, 54.60% of the homes in South Perth were owner-occupied compared with 54.00% in 2016.

South Perth has 8,796 properties. Over the last 5 years, Houses in South Perth have seen a 82.48% increase in median value, while Units have seen a 86.35% increase. As at 30 November 2025:

  • The median value for Houses in South Perth is $2,080,028 while the median value for Units is $891,478.
  • Houses have a median rent of $850 while Units have a median rent of $723.
There are currently 61 properties listed for sale, and 34 properties listed for rent in South perth on OnTheHouse. According to Cotality's data, 508 properties were sold in the past 12 months in South perth.

South Perth Profile Page

Suburb Insights for South Perth 6151

Visit South Perth profile page
Market Insights
South Perth Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Median Value over 1 year
South Perth Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
Visit South Perth profile page
Contact agent
agent headshot
Stephen Harrison
Show contact details
Call agent
agent headshot
Brett Wilkins
Show contact details
Call agent
RWC WA
Preferred contact:
Privacy Policy
Cotality Copyright and Legal Disclaimers about Property Data

© Copyright 2025. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.

This product uses cookies and other similar technologies to improve and customise your browsing experience, to tailor content and adverts, and for analytics and metrics regarding visitor usage on this product and other media. We may share cookie and analytics information with third parties for the purposes of advertising. By continuing to use our website, you consent to cookies being used. View our Privacy Policy here.

X

GETTING STARTED