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

148 Palmerston Street
Perth WA 6000

Bedrooms: 16
Bathrooms: 5
Car spaces: -
Floor area: 385m2
Land area: 972m2
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Property Details for 148 Palmerston St, Perth

Building Type
Commercial
Year Built
1989
Floor Size
385m2
Land Size
972m2
Local Government
Vincent
Lot/Plan
18/D024614

Last Listing description (December 2024)

This is an extraordinary landmark Perth home, best known for its conical corner turret fondly referred to as the 'Witch's Hat' and retaining many of its glorious Federation character features like a beautiful bay window, decorative plaster work and jarrah floors and is ideally located just a gentle walk away from Perth city.

Having undergone a substantial refurbishment and renovation in 1996 to both preserve and enhance its many classic Federation features, the "Witch's Hat" now affords substantial accommodation and amenities that include a combination of 16 bedrooms, 5 bathrooms and a commercial sized kitchen as well as administration offices and communal lounges which would allow for a wide variety of uses.

148 Palmerston Street was built in 1898 as an elegant six-bedroom family home by Frederick Wilhelm Gustav Liebe, known for his use of 'lavish' materials and who also built the superb His Majesty's Theatre in Perth.

It's location is sensational, just a kilometer from the Perth city center, close to Aberdeen Street entertainment strip, right opposite the Robertson Park Tennis Centre and in a previous life has been an award-winning backpackers hostel.

You'll love the solid limestone construction and decorative tuckpointing on the striking exterior, before taking the steps up to the bull-nosed veranda and entering the wide central hall with its jarrah floor boards which flows right down to the spacious central lounge with its beautiful stained-glass windows, rear dining rooms and that enormous kitchen.

There's a huge central covered alfresco area and has rear lane access, is set back from Palmerston Street at the front with parking spaces behind the automatic front gate. With So Many Options, this property is a standout among a mix of stately homes, restaurants and offices nearby creating an urbane atmosphere for an exciting inner-city lifestyle.

The residence is currently leased until November 2024 to a Government Supported Health Care Provider after which time vacant possession is possible.

Main Features and Amenities include:
? Beautiful heritage features like the instantly recognisable "Witch's Hat" Turret
? Federation decorative plasterwork & Jarrah floors
? Wide central hallway
? Bay windows with stained glass
? Federation fireplaces
? Large undercover paved alfresco area
? Rear workshop/studio
? Limestone construction with feature tuckpointing
? Bullnosed front veranda with turned posts
? Large modern commercial kitchen
? Air conditioning
? Location Opposite Robertson Park Tennis Centre
? 200m to Hyde Park

Title Particulars.
Block Size: 971sqm
Zoning: Residential R50
* 148 Palmerston Street is listed on the City of Vincent Municipal Heritage Inventory as a Category 1A - Conservation Essential
Lot 18 on Deposited Plan 24614
Volume & Folio: 1226 / 562
Local Council - City of Vincent
Council Rates: $8,266pa
Water Rates: $5,190pa

For Further Details or to Arrange your Private Inspection please contact Agents:
Brad Irving 0422 678 144
Stuart Irving 0418 920 672

www.irvingandkeenan.com.au

Property History for 148 Palmerston St, Perth, WA 6000

A timeline of how this property has performed in the market
Last Sold
$2,865,000
18 Sep 2024
  • 18 Sep 2024
    Sold for $2,865,000
  • 06 Sep 2024
    Listed for Sale UNDER OFFER
  • 07 Dec 2023
    Listed for Sale Offers High $2millions
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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 12,099 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 137 properties listed for sale, and 76 properties listed for rent in Perth on OnTheHouse. According to Cotality's data, 823 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.