29 Wells Street, Bellevue, WA 6056 | Property Value & History | OnTheHouse
 
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29 Wells Street
Bellevue WA 6056

Bedrooms: 8
Bathrooms: 4
Car spaces: 2
Floor area: 87m2
Land area: 1222m2
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Last updated 29 Dec 2025
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Property Details for 29 Wells St, Bellevue

29 Wells St, Bellevue is a 8 bedroom, 4 bathroom Townhouse with 2 parking spaces. The property has a land size of 1222m2 and floor size of 87m2.

Building Type
Townhouse
Floor Size
87m2
Land Size
1222m2
Local Government
Swan
Lot/Plan
42/P001527

Last Listing description (November 2024)

Now here's an investment opportunity you don't see every day.

This absolute charming circa 1920s built brick & iron cottage has eight bedrooms and four bathrooms, covers two lots but is on one green title.

Set up as four separate 2 x 1 units (each with own power and water metres), each has a sitting periodical tenant with a settlement return of $1230pw.

But here's the thing.

The location is in the heart of Bellevue's General Industrial area and the zoning is exactly that.

According to The City of Swan, the objectives of the General Industrial Zone are to provide for a generally larger scale industrial development, including manufacturing, servicing, storage & distribution.

Imagine the possibilities!

We are seeking Expressions of Interest in the mid one millions and if you do your homework, on a per square metre basis, you will find this is a very attractive prospect indeed.

Enjoy the current return with four happy tenants or develop and prosper.

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Property History for 29 Wells St, Bellevue, WA 6056

A timeline of how this property has performed in the market
Listed for Rent
$210/w
21 Dec 2019
  • 07 Oct 2024
    Listed for Sale EOI MID $1Ms
  • 25 Nov 2019
    Listed for Rent $210 / week
  • 21 Feb 2018
    Listed for Rent $210 / week
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About Bellevue 6056

The size of Bellevue is approximately 3.0 square kilometres. It has 11 parks covering nearly 25.0% of total area. The population of Bellevue in 2016 was 1521 people. By 2021 the population was 1514 showing a population decline of 0.5% in the area during that time. The predominant age group in Bellevue is 30-39 years. Households in Bellevue are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Bellevue work in a trades occupation.In 2021, 67.20% of the homes in Bellevue were owner-occupied compared with 72.40% in 2016.

Bellevue has 1,242 properties. Over the last 5 years, Houses in Bellevue have seen a 109.62% increase in median value, while Units have seen a 64.48% increase. As at 30 November 2025:

  • The median value for Houses in Bellevue is $741,666 while the median value for Units is $502,686.
  • Houses have a median rent of $670.
There are currently 19 properties listed for sale, and no properties listed for rent in Bellevue on OnTheHouse. According to Cotality's data, 75 properties were sold in the past 12 months in Bellevue.

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© Copyright 2026. 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.

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