156 Aberdeen Street, Northbridge, WA 6003 | Property Value & History | OnTheHouse
OFF MARKET

156 Aberdeen Street
Northbridge WA 6003

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 266m2
Land area: 980m2
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Property Details for 156 Aberdeen St, Northbridge

Building Type
Commercial
Year Built
1920
Floor Size
266m2
Land Size
980m2
Local Government
Perth
Lot/Plan
116/P031663

Last Listing description (November 2023)

Colliers as exclusive selling agents, are pleased to offer 156 Aberdeen Street, Northbridge For Sale by Expressions of Interest closing Wednesday 13 September at 3pm (AWST).

An exceptional opportunity to acquire a securely leased Childcare centre, strategically situated in a prominent inner-city location.

Investment Highlights:

- New 15 year lease to Buttercups Childcare to 2037.
- Buttercups Childcare are a family owned, independent childcare and early learning service with 7 centres across Perth.
- Annual fixed 3% increase reviews plus 'ratchet provisions' at market review, ensuring rent cannot be less than the current rent at the time.
- Tenant pays all outgoings including land tax and management fees.
- State-of-the-art childcare centre licenced for 68 LDC places.
- Large 980sqm site in a highly desirable inner-city location with fantastic transport routes for parents working in the city and opposite Russell Square Park.

This enticing investment opportunity present itself as an ideal prospect for astute investors. The securely leased Childcare Centre not only provides a stable and consistent income stream but also benefits from its prime location within the highly sought-after Northbridge area.

Property History for 156 Aberdeen St, Northbridge, WA 6003

A timeline of how this property has performed in the market
Last Sold
$3,650,000
21 Sep 2021
  • 15 Aug 2023
    Listed for Sale Please contact agent
  • 21 Sep 2021
    Sold for $3,650,000
  • 22 Mar 2014
    Sold for $2,575,000
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About Northbridge 6003

The size of Northbridge is approximately 0.4 square kilometres. It has 3 parks covering nearly 7.2% of total area. The population of Northbridge in 2016 was 1307 people. By 2021 the population was 1420 showing a population growth of 8.6% in the area during that time. The predominant age group in Northbridge is 20-29 years. Households in Northbridge are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Northbridge work in a professional occupation.In 2021, 31.10% of the homes in Northbridge were owner-occupied compared with 34.00% in 2016.

Northbridge has 1,314 properties. Over the last 5 years, Houses in Northbridge have seen a 59.06% increase in median value, while Units have seen a 66.50% increase. As at 31 December 2025:

  • The median value for Houses in Northbridge is $1,122,422 while the median value for Units is $662,078.
  • Houses have a median rent of $565 while Units have a median rent of $720.
There are currently 8 properties listed for sale, and 7 properties listed for rent in Northbridge on OnTheHouse. According to Cotality's data, 88 properties were sold in the past 12 months in Northbridge.

Suburb Insights for Northbridge 6003

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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.