86 Ferguson Street, Midland, WA 6056 | Property Value & History | OnTheHouse
OFF MARKET

86 Ferguson Street
Midland WA 6056

Bedrooms: 4
Bathrooms: 1
Car spaces: 2
Floor area: 155m2
Land area: 1012m2
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Property Details for 86 Ferguson St, Midland

86 Ferguson St, Midland is a 4 bedroom, 1 bathroom House with 2 parking spaces and was built in 1946. The property has a land size of 1012m2 and floor size of 155m2. While the property is not currently for sale or for rent, it was last sold in September 2023.

Building Type
House
Year Built
1946
Floor Size
155m2
Land Size
1012m2
Local Government
Swan
Lot/Plan
159/P002130

Last Listing description (November 2023)

Welcome to a brilliant opportunity to own a massive land parcel in the heart of Midland. Step on up and enjoy a renovated home with soaring ceilings, multiple living spaces and an excellent combination of brand new touches and original elements. 86 Ferguson Street is placed on a 1012 square metre (20m frontage) R20/35 zoned block with a sprawling 139 square metre four bedroom home, built originally in 1946. A charming home that oozes opportunity - a massive mostly-level block, ducted evaporative air conditioning throughout, powered garage structure, drive-through access to the rear, multiple living spaces, brand new carpets, original & brand new oven, centrally located laundry and bathroom with a skylight, classic brick foundation and design elements. This property is coupled with its neighbour 84 Ferguson Street for a combined site of 2024 square metres R20/35.

Will you retain and improve this primed canvas into your renovated dream home?

Will you lease out the home with a market rent of $500 per week?

Will you demolish and build up to 8 units on the combined 2024m2 site of 84 & 86 Ferguson Street (subject to all relevant approvals)?

Will you hold until you are the last quarter acre block left in Perth - who knows what this massive land parcel would be worth by then!

Property Highlights:
- Four-bedroom, one-bathroom home originally built in 1946
- Massive block of 1012 square metres, zoned R20/35
- Approximate internal living space of 139 square metres
- Ducted evaporative A/C throughout
- Stylish original fittings inside including beautiful plasterwork, large windows, original 1946 oven, classical tiling and brickwork
- Centrally located bathroom with skylight, fresh grout and bath
- Multiple water and power connections at the rear of the property
- Double garage 'structure' at the rear
- Drive through access to backyard
- Soaring windows throughout the home
- Brand new carpets and oven
- 20m of street frontage

Investor Summary:
- This property is currently vacant and ready for immediate occupation
- Estimated market rent for 86 Ferguson is approximately $500 per week
- Given a purchase price of $450,000 and market rent, the estimate rental yield for this property is 5.79%
- HouseSmart Real Estate is highly active in Midland and the surrounding areas, and can provide high-quality property management services throughout the course of the tenancy and beyond.
- The property is placed on 1012 square metres of R20/35 zoning resulting in approximately 4 lots being able to be built per site if approval for accessing the R35 zoning is granted. Purchasing 84 & 86 Ferguson would result in a potential 8 unit site development at R20/35 zoning.
- Incredible land parcel purchase opportunity.

Why buy?
This property combines a central location, recent brand new rejuvenation touches, beautiful classical elements and a fantastic land parcel with good zoning. Rare to see on its own and incredibly rare to see with also ability to purchase the neighbouring property too!

Speak to our team today. As always, buyers are encouraged to do their own due diligence and research before purchasing any property, as the details listed are not a warranty or representation of any kind, purely a best-intended description. Feel free to ask our team any questions! We look forward to assisting.

Property History for 86 Ferguson St, Midland, WA 6056

A timeline of how this property has performed in the market
Last Sold
$475,000
29 Sep 2023
Listed for Rent
$370/w
13 Nov 2015
  • 29 Sep 2023
    Sold for $475,000
  • 25 Aug 2023
    Listed for Sale High $400,000's
  • 13 Nov 2015
    Listed for Rent - Price not available
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About Midland 6056

The size of Midland is approximately 4.4 square kilometres. It has 8 parks covering nearly 6.8% of total area. The population of Midland in 2016 was 5972 people. By 2021 the population was 6335 showing a population growth of 6.1% in the area during that time. The predominant age group in Midland is 20-29 years. Households in Midland are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Midland work in a community and personal service occupation.In 2021, 34.60% of the homes in Midland were owner-occupied compared with 37.70% in 2016.

Midland has 4,830 properties. Over the last 5 years, Houses in Midland have seen a 107.28% increase in median value, while Units have seen a 105.65% increase. As at 30 November 2025:

  • The median value for Houses in Midland is $716,881 while the median value for Units is $489,105.
  • Houses have a median rent of $600 while Units have a median rent of $560.
There are currently 35 properties listed for sale, and 10 properties listed for rent in Midland on OnTheHouse. According to Cotality's data, 337 properties were sold in the past 12 months in Midland.

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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.