12/524 Hay Street, Perth, WA 6000 sold on 25 February 2025 | OnTheHouse
SOLD
Sold on 25 Feb 2025 for $500,500

12/524 Hay Street
Perth WA 6000

Bedrooms: -
Bathrooms: -
Car spaces: 1
Floor area: 163m2
Land area: 163m2
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Property Details for 12/524 Hay St, Perth

Building Type
Commercial
Year Built
1900
Floor Size
163m2
Land Size
163m2
Local Government
Perth
Lot/Plan
12/S002534

Last Listing description (November 2024)

RWC WA presents an opportunity to secure a strata office in the heart of the Perth Courts Precinct.The property comprises a niche strata office located in the epicentre of the Perth courts district. The property is currently split into two tenancies and is offered as vacant possession.The office spans 163sqm* and is situated on the fourth floor of a well maintained, seven storey office building. It benefits from the convenience of being within walking distance to both the Perth District Court and the Perth Magistrates Court.Available with vacant possession, this prime Hay Street property offers a unique opportunity for owner-occupiers or investors. Positioned in a location highly sought after by law firms, lawyers, and barristers, the space is ideal for those looking to establish a presence in this prestigious area or lease the premises for immediate return on investment. Property features include:- Lettable area 163sqm*- Fourth floor office- Highly sought after legal precinct- Walking distance to Perth District Court and Perth Magistrates Court- Shared amenities including a squash courtFor further information or to arrange an inspection please contact the agents:Brett WilkinsRWC WA0478 611 168brett.wilkins@raywhite.comDaniel AbisedonRWC WA0419 563 585daniel.abisedon@raywhite.com*Approximately

Property History for 12/524 Hay St, Perth, WA 6000

A timeline of how this property has performed in the market
Last Sold
$500,500
25 Feb 2025
  • 25 Feb 2025
    Sold for $500,500
  • 05 Jul 2024
    Listed for Sale $580,000 (plus GST if applicable)
  • 03 Sep 2021
    Sold for $550,000
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About Perth 6000

The size of Perth is approximately 4.6 square kilometres. It has 21 parks covering nearly 18.1% of total area. The population of Perth in 2016 was 11425 people. By 2021 the population was 13670 showing a population growth of 19.6% in the area during that time. The predominant age group in Perth is 20-29 years. Households in Perth are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Perth work in a professional occupation.In 2021, 32.50% of the homes in Perth were owner-occupied compared with 35.10% in 2016.

Perth has 12,097 properties. Over the last 5 years, Houses in Perth have seen a 58.68% increase in median value, while Units have seen a 53.17% increase. As at 30 November 2025:

  • The median value for Houses in Perth is $1,306,398 while the median value for Units is $603,973.
  • Houses have a median rent of $850 while Units have a median rent of $725.
There are currently 137 properties listed for sale, and 68 properties listed for rent in Perth on OnTheHouse. According to Cotality's data, 866 properties were sold in the past 12 months in Perth.

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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.