139 Stirling Street, Perth, WA 6000 | Property Value & History | OnTheHouse
 
OFF MARKET

139 Stirling Street
Perth WA 6000

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 632m2
Land area: 769m2
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Property Details for 139 Stirling St, Perth

Building Type
Land
Year Built
1912
Floor Size
632m2
Land Size
769m2
Local Government
Perth
Lot/Plan
2/P000813

Last Listing description (January 2026)

MLV Real Estate as exclusive selling agents present the opportunity for developers and investors to acquire a prime fringe CBD development site and a significant landholding with holding income.

THE ASSET

Comprises a rectangular shape lot of 769sqm occupying a prominent position on Stirling Street in Perth. The improvements comprise a brick and iron brick workshop with a two-level office to the faade, with a total lettable area of approximately 740sqm. The property is currently utilised as a workshop, and will be sold with a leaseback to the current tenant 'Head Exchange', providing holding income while development approvals are sought.

KEY ATTRIBUTES
Zoned City Centre, 'Precinct 3' under City of Perth Planning Scheme No. 2
Plot ratio of 4.0:1, with a bonus plot ratio available of 6.0:1
No prescribed building height limit
Exceptional accessibility - Right of Way adjoining the northern boundary
Outstanding redevelopment opportunities - office, retail, student accommodation, mixed use

LOCATION
Located approximately 900m north of the Perth GPO on the doorstep of the vibrant Northbridge precinct, with access to key transport links & exceptional amenity. Surrounding development encompasses numerous restaurants, sporting, entertainment facilities and significant commercial, residential and hotel development.

Distances to key landmarks
Perth Train Station/Yagan Square - approximately 950m
ECU City (Due completion late 2025) - approximately 1km
North Metropolitan TAFE - approximately 250m
Graham Farmer Freeway - approximately 550m
HBF Park - approximately 650m

For lease terms, contact the exclusive selling agents .

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Property History for 139 Stirling St, Perth, WA 6000

A timeline of how this property has performed in the market
Last Sold
$395,000
01 Feb 2002
  • 08 Oct 2024
    Listed for Sale $3,100,000 - $3,300,000
  • 23 May 2017
    Listed for Sale From $2,799,000 (Plus GST)
  • 15 Aug 2016
    Listed for Sale Not Disclosed
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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, 834 properties were sold in the past 12 months in Perth.

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