389 Newcastle Street, Northbridge, WA 6003 | Property Value & History | OnTheHouse
OFF MARKET

389 Newcastle Street
Northbridge WA 6003

Bedrooms: -
Bathrooms: -
Car spaces: 5
Floor area: 500m2
Land area: 374m2
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Property Details for 389 Newcastle St, Northbridge

Building Type
Commercial
Floor Size
500m2
Land Size
374m2
Local Government
Perth
Lot/Plan
1001/P035536

Last Listing description (March 2024)

Realmark Commercial as exclusive sales agents are proud to present to the market this rare opportunity to acquire a whole ready-to-occupy green title building on the fringe of the Perth CBD!This free-standing building featuring *519 sqm of lettable area over 3 levels benefits from easy freeway access and is located just around the corner from Russell Park Square.An astute buyer would note that the replacement cost of this high quality building in today's market simply could not be replicated.This building is also only a short walk to the vibrant Northbridge retail and entertainment precinct and is conveniently positioned only metres from the free Perth Blue CAT Bus route.Ground Floor*143 sqm tenancy with partitioned offices and a boardroom. Also on the ground floor is *29 sqm of common area with toilet and shower facilities.First Floor*205 sqm tenancy with a mix of partitioned and open-plan spaces, a small kitchen and its own M&F toilet facilities.Second Floor*142 sqm tenancy with a mix of partitioned and open-plan spaces and its own M&F toilet facilities.The property features include:- Land Area: *375 sqm- Floor Area: *519 sqm-Ground Floor: *143 sqm-First Floor: *205 sqm-Second Floor: *142 sqm- 5 secure car bays- Only *200 metres from freeway on/off ramps- Highly visible location with great signage opportunities- Close proximity to Northbridge entertainment precinct- Less than 200 metres to Perth Blue Cat Bus routeFor more information or to request a copy of the Information Memorandum, please contact Brent Griffiths or Tom Jacob.*Approx.

Property History for 389 Newcastle St, Northbridge, WA 6003

A timeline of how this property has performed in the market
Last Sold
$1,881,000
21 Sep 2009
Listed for Rent
$383/w
31 Mar 2022
  • 01 Sep 2022
    Listed for Sale Contact Agent
  • 14 May 2020
    Listed for Rent - Price not available
  • 04 Jun 2019
    Listed for Rent - Price not available
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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 1,313 properties. Over the last 5 years, Houses in Northbridge have seen a 57.13% increase in median value, while Units have seen a 62.32% increase. As at 30 April 2026:

  • The median value for Houses in Northbridge is $1,118,824 while the median value for Units is $724,444.
  • Houses have a median rent of $565 while Units have a median rent of $730.
There are currently 5 properties listed for sale, and 4 properties listed for rent in Northbridge on OnTheHouse. According to Cotality's data, 75 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.