8 King William Street, Bayswater, WA 6053 | Property Value & History | OnTheHouse
OFF MARKET

8 King William Street
Bayswater WA 6053

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 111m2
Land area: 500m2
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Property Details for 8 King William St, Bayswater

Building Type
Commercial
Floor Size
111m2
Land Size
500m2
Local Government
Bayswater
Lot/Plan
49/P002621

Last Listing description (December 2025)

RWC WA proudly presents 8 King William Street, Bayswater WA. 8 King William Street is a high-exposure, income-producing asset with immediate income and exceptional development potential.The opportunity- 500sqm rectangular site with King William Street frontage and rear access- 100sqm existing improvements:- 2 tenancies (2x 50sqm)- Holding income - $30,913 per annum- 350sqm cleared, elevated, rear portion of land- Redevelopment clauses for both leasesBayswater location - Perth's rapidly transforming inner suburb experiencing unprecedented growth:- 6.5km from Perth CBD | 7km from Perth Airport- 100 metres from Bayswater Train Station- Major transport hub driving population growth and commercial activity- High infrastructure investment and urban renewal programs- Supply-constrained market with limited development sites availableCurrent income profile- Combined rental income of $30,913 per annum - Redevelopment clauses for both leases in placeThis is a rare combination of immediate income, development potential with a prime location in a fast-growing corridor in Perth's North East.Don't miss this opportunity.Contact Exclusive Selling Agents:Brett Wilkins0478 611 168brett.wilkins@raywhite.comLachlan Burrows0499 552 296lachlan.burrows@raywhite.comTom Jones0478 771 117tom.jones@raywhite.com*approx.

Property History for 8 King William St, Bayswater, WA 6053

A timeline of how this property has performed in the market
Last Sold
$230,000
21 Apr 2006
Listed for Rent
$25/w
27 Jan 2017
  • 24 Jun 2025
    Listed for Sale Offers from $1,100,000 (Going Concern)
  • 29 Sep 2016
    Listed for Rent $204,000 / year
  • 04 Jul 2016
    Listed for Rent $204,000 / year
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About Bayswater 6053

The size of Bayswater is approximately 9.8 square kilometres. It has 40 parks covering nearly 15.1% of total area. The population of Bayswater in 2016 was 14432 people. By 2021 the population was 15288 showing a population growth of 5.9% in the area during that time. The predominant age group in Bayswater is 30-39 years. Households in Bayswater are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Bayswater work in a professional occupation.In 2021, 69.50% of the homes in Bayswater were owner-occupied compared with 67.70% in 2016.

Bayswater has 8,800 properties. Over the last 5 years, Houses in Bayswater have seen a 89.43% increase in median value, while Units have seen a 124.42% increase. As at 31 January 2026:

  • The median value for Houses in Bayswater is $1,179,893 while the median value for Units is $623,592.
  • Houses have a median rent of $750 while Units have a median rent of $600.
There are currently 27 properties listed for sale, and 10 properties listed for rent in Bayswater on OnTheHouse. According to Cotality's data, 384 properties were sold in the past 12 months in Bayswater.

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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.