122 Palmerston Street, Perth, WA 6000 | Property Value & History | OnTheHouse
OFF MARKET

122 Palmerston Street
Perth WA 6000

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 161m2
Land area: 579m2
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Last updated 23 Feb 2026
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Property Details for 122 Palmerston St, Perth

122 Palmerston St, Perth is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1979. The property has a land size of 579m2 and floor size of 161m2. While the property is not currently for sale or for rent, it was last sold in November 2024.

Building Type
House
Year Built
1979
Floor Size
161m2
Land Size
579m2
Local Government
Vincent
Lot/Plan
1/P001189

Last Listing description (January 2025)

Absolutely all offers are to be presented by Monday 4th November 2024. The Seller reserves the right to sell prior without notice.This prime corner block in Perth 6000's best residential pocket presents an incredible opportunity to either renovate and re-create this 1970's home, or consider redeveloping the site into multiple lots. With two street frontages plus a lane way, the potential to maximise the site and create something special in the heart of the inner-city mustn't be overlooked.SPOTLIGHT / 579 sqm / Zoned Residential R50/ Green Title block/ Prime street in excellent location - opposite Robertson Park Tennis Centre, walking distance to Hyde Park, Northbridge and the Perth CBD/ Substantial house with superb 1970's details/ Room to renovate or lease out whilst undertaking design and build plans/ Corner block facing Palmerston Street and Brisbane Street, plus Shule Lane on the eastern side/ Option to redevelop into multiple lots, subject to approvalsInside, the property provides all the hallmarks of a classic West Australian 1970's home. Mission brown bricks, copper details, feature tiles and a sunken lounge set the stage for a home with a bright future. Access to light is easy via two street frontages, including the length of the block facing North. If you've been wanting to live in this pocket, but didn't want to compromise on space, then this is the block for you.Alternatively, the potential for this site is incredible, with scope to design and build multiple homes with northern light, city views and direct access to Perth's many lifestyle attractions. Fully fenced, the property features generous outdoor space and a large garage.Please note the property is being sold in an "as is" condition. We anticipate strong interest and encourage buyers to act promptly.RATESCouncil $2,244.22 paWater $1,449.24 pa

Property History for 122 Palmerston St, Perth, WA 6000

A timeline of how this property has performed in the market
Last Sold
$1,850,000
05 Nov 2024
  • 05 Nov 2024
    Sold for $1,850,000
  • 22 Oct 2024
    Listed for Sale $1,850,000
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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 12,096 properties. Over the last 5 years, Houses in Perth have seen a 59.89% increase in median value, while Units have seen a 59.04% increase. As at 31 January 2026:

  • The median value for Houses in Perth is $1,370,368 while the median value for Units is $655,791.
  • Houses have a median rent of $850 while Units have a median rent of $738.
There are currently 139 properties listed for sale, and 69 properties listed for rent in Perth on OnTheHouse. According to Cotality's data, 831 properties were sold in the past 12 months in Perth.

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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.