87 Penzance Street, Bassendean, WA 6054 | Property Value & History | OnTheHouse
OFF MARKET

87 Penzance Street
Bassendean WA 6054

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Floor area: 126m2
Land area: 753m2
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Property Details for 87 Penzance St, Bassendean

87 Penzance St, Bassendean is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 1985. The property has a land size of 753m2 and floor size of 126m2. While the property is not currently for sale or for rent, it was last sold in October 2022.

Building Type
House
Year Built
1985
Floor Size
126m2
Land Size
753m2
Local Government
Bassendean
Lot/Plan
89/P014236

Last Listing description (August 2026)

Positioned on a generous 753sqm R20-zoned block, this versatile property offers a rare combination of lifestyle, flexibility and strong investment appeal.Freshly painted throughout and move-in ready, the main residence features three well-proportioned bedrooms, multiple living areas, a dedicated home theatre, updated bathroom vanity, new carpets to the living room and master bedroom, three split-system air conditioners, gas heating and window shutters.What truly sets this property apart is the fully self-contained one-bedroom granny flat, separately positioned from the main residence and approved by the Shire. Complete with its own kitchen, living area, ensuite, walk-in robe and storage room, it provides an outstanding opportunity for multi-generational living, guest accommodation, a home business or additional rental income.For investors or owner-occupiers looking to offset their mortgage, the granny flat offers excellent rental potential, with an estimated rental return of approximately $500 per week (subject to market conditions).Outside, enjoy your own private resort-style setting with a below-ground swimming pool, spacious gabled patio and established gardens. A new pool filter and chlorinator were installed less than 12 months ago, while bore reticulation services both the front and rear gardens to keep maintenance costs low.The property also benefits from a 3kW solar system, separate gas hot water systems servicing both the house and granny flat, and a wide driveway with ample space for a caravan, boat, trailer or additional vehicles.Offering complete peace of mind, the house, granny flat and swimming pool all have Shire approval, with plans available upon request.Conveniently located close to Bassendean Train Station, public transport, schools, parklands, shopping centres, Perth Airport and the CBD, this is a property that delivers exceptional flexibility for families and long-term value for investors alike.Features-Generous 753sqm R20-zoned block-Fully self-contained 1-bedroom granny flat-Potential granny flat rental return of approximately $500 per week*-Freshly painted throughout-New carpets to living room and master bedroom-Dedicated home theatre-New bathroom vanity-Below-ground swimming pool-New pool filter and chlorinator-Spacious gabled patio-3 split-system reverse-cycle air conditioners-Freestanding gas heating-3kW solar system-Separate gas hot water systems for house and granny flat-Bore reticulation to front and rear gardens-Wide driveway with caravan or boat parking-House, granny flat and pool all Shire approvedRental estimates are provided as a guide only and are subject to market conditions and independent assessment.For further information or an obligation free appraisal, contact listing agent Leysen Yang on 0433 747 111 or email leysen@linkonerealestate.com.auDisclaimer:Although every effort has been taken to ensure the information provided for this property is deemed to be correct and accurate at the time of writing it cannot be guaranteed, reference to a school does not guarantee availability of that school, distances are estimated using Google maps. Buyers are advised to make their own enquiries as to the accuracy of this information.

Property History for 87 Penzance St, Bassendean, WA 6054

A timeline of how this property has performed in the market
Last Sold
$745,000
28 Oct 2022
  • 21 Jul 2026
    Listed for Sale $1,300,000
  • 15 May 2026
    Listed for Sale Offers from $1,300,000
  • 28 Oct 2022
    Sold for $745,000
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About Bassendean 6054

The size of Bassendean is approximately 7.4 square kilometres. There are 30 parks, covering nearly 13.6% of the total area. The population of Bassendean in 2016 was 10313 people. By 2021 the population was 10837 showing a population growth of 5.1% in the area during that time. The predominant age group in Bassendean is 30-39 years. Households in Bassendean are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Bassendean work in a professional occupation.In 2021, 70.10% of the homes in Bassendean were owner-occupied compared with 68.80% in 2016.

Bassendean has 6,178 properties. Over the last 5 years, Houses in Bassendean have seen a 87.01% increase in median value, while Units have seen a 113.79% increase. As at 31 August 2026:

  • The median value for Houses in Bassendean is $1,091,470 while the median value for Units is $744,741.
  • Houses have a median rent of $750 while Units have a median rent of $650.
There are currently 49 properties listed for sale, and 7 properties listed for rent in Bassendean on OnTheHouse. According to Cotality's data, 186 properties were sold in the past 12 months in Bassendean.

Suburb Insights for Bassendean 6054

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Cotality Copyright and Legal Disclaimers about Property Data
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.