17 Pegus Street, Thornlie, WA 6108 | House for sale | OnTheHouse
 
FOR SALE
Mid to High $800ks

17 Pegus Street
Thornlie WA 6108

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Land area: 890m2
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Massive Block with Subdivision Potential

Whether you're an owner-occupier, investor or developer, this is an outstanding opportunity to secure a generous 890sqm (approx.) property in Thornlie.
R20-zoned with options galore.
The existing 3 bedroom, 1 bathroom brick and tile home sits on a relatively flat block and offers excellent potential to retain the existing dwelling and subdivide the rear (subject to relevant approvals). An indicative subdivision concept has been provided in the photos to demonstrate one possible layout.
Flexible Options
Move in and enjoy with vacant possession available at settlement for owner-occupiers.
Invest immediately with the property currently leased at $620 per week on a month-to-month tenancy.
Existing tenants have expressed interest in signing a fixed-term lease, with the new rental of $620 per week taking effect from 10 September 2026, providing investors with immediate rental income if desired.
Property Features
Relatively flat block
Potential retain and subdivide opportunity (STCA) subject to applying 5% variation concession
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Property Details for 17 Pegus St, Thornlie

17 Pegus St, Thornlie is a 3 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 890m2. The place is currently for sale with Paradise Property Group Morley.

Building Type
House
Land Size
890m2
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About Thornlie 6108

The size of Thornlie is approximately 11.6 square kilometres. There are 56 parks, covering nearly 18.4% of the total area. The population of Thornlie in 2016 was 23153 people. By 2021 the population was 23665 showing a population growth of 2.2% in the area during that time. The predominant age group in Thornlie is 30-39 years. Households in Thornlie are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Thornlie work in a trades occupation.In 2021, 75.90% of the homes in Thornlie were owner-occupied compared with 77.00% in 2016.

Thornlie has 9,760 properties. Over the last 5 years, Houses in Thornlie have seen a 124.87% increase in median value, while Units have seen a 140.33% increase. As at 31 July 2026:

  • The median value for Houses in Thornlie is $931,979 while the median value for Units is $613,483.
  • Houses have a median rent of $710 while Units have a median rent of $620.
There are currently 97 properties listed for sale, and 13 properties listed for rent in Thornlie on OnTheHouse. According to Cotality's data, 339 properties were sold in the past 12 months in Thornlie.

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Melvin Paul Singh
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Paradise Property Group Morley
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