172 Lake Street, Perth, WA 6000 | Property Value & History | OnTheHouse
OFF MARKET

172 Lake Street
Perth WA 6000

Bedrooms: 3
Bathrooms: 2
Car spaces: -
Floor area: 208m2
Land area: 201m2
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Property Details for 172 Lake St, Perth

172 Lake St, Perth is a 3 bedroom, 2 bathroom House and was built in 1897. The property has a land size of 201m2 and floor size of 208m2.

Building Type
House
Year Built
1897
Floor Size
208m2
Land Size
201m2
Local Government
Vincent
Lot/Plan
148/P004576

Last Listing description (August 2021)

This is your chance own a piece of history with the rare opportunity to become the proud new owner of this original Heritage listed Bakers Terrace home, with 193m of internal living space, plus an 11m balcony, spread over 3 levels. This is the ultimate Period Classic with huge potential to be restored and become a talking point of the local community.Transport yourself back to 1897 when these Iconic homes were built and became the talk of the local community, then let your creative juices flow and picture this home's transformation to include a striking faade, framed with a classic wrought-iron front fence and matching decorative lacework lining the upper balcony levels.As you enter now through the front door you are welcomed by the 19th century features including the eye-catching jarrah staircase with turn-post railings, the extra-wide jarrah floor boards, 12 foot ceilings, decorative high wooden skirting boards, architraves and traditional fireplaces all the essential ingredients that will become the cornerstone of this reinvigorated grand old lady of the past. This entry level encompasses the original formal sitting room family room which could easily be a large ground level bedroom with working fireplace framed by the carved oak mantle-piece.Further along the hallway leads to the open plan kitchen/dining and family area with another fireplace and certainly a well sized area to formulate as the hero of the home with a new kitchen as the focal point. Go past the rear door and along the verandah and you have access to the combined bathroom/laundry.Making your way up the central stairway to the first level to be greeted by the traditional baltic pine flooring, typical for all the homes of the Bakers Terrace grouping. At this level is the massive main bedroom with Baltic pine polished antique floor boards, decorative fireplace and double doorway through to the first level balcony overlooking attractive streetscape with the array of period homes including the monumental Ensanada Coronada building, built originally for visiting Spanish Royalty.The second bedroom on this level faces the rear and is of good size. Both bedrooms are serviced by a more modern bathroom.The third level is currently accessed by a pull-down staircase and leads to a massive super versatile upper loft/attic which could easily become the fourth bedroom with the added bonus of 2 velux double glazed skylightsAdding to the appeal of the home is the rear cottage style garden with a combination of red brick garden beds and paving, green lawn and ornamental trees. A workshop lines the rear boundary of the property with a working toilet and accessed by a rear laneway.A further 3 free car parking street permits are available for a new owner. Situated only minutes to Perth's CBD , this unique abode is in one of Perth's most sought after and highly desirable Character Precincts. Lake Street leads into the vibrant Northbridge caf and shopping district. Going in the opposite direction leads you to the ever popular Hyde Park and a further walk to the Mount Lawley caf district, Robertson Park Tennis Club, WA Italian Club and an array of popular cafes and restaurants. For those looking for something different with the desire to add their own personal touches to make this home their own, this substantial classic residence offers a unique living situation with a lock up and leave life style amongst the charm of a bygone era.Key features include:1897 Heritage Listed green titled home193m of internal living over 3 levels on 195m of land3 spacious bedroomsHuge versatile attic or 4th bedroomJarrah and Baltic Pine original flooringDecorative period features including high ceilings, timber sash windows, 4 panel doors, moulded architraves and skirtings and central jarrah staircaseStreetscape balconyRear Lane AccessReverse cycle air conditioningSolar hot water system.This property is being offered as expressions of interest with a set date sale period ending 15th March 2021. The owner reserves the right to accept any offer prior to this end date.

Property History for 172 Lake St, Perth, WA 6000

A timeline of how this property has performed in the market
  • 24 Feb 2021
    Listed for Sale Expressions of Interest
  • 06 Nov 2019
    Listed for Sale EOI Fr $999,000
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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 12,101 properties. Over the last 5 years, Houses in Perth have seen a 55.65% increase in median value, while Units have seen a 60.09% increase. As at 31 March 2026:

  • The median value for Houses in Perth is $1,386,298 while the median value for Units is $697,298.
  • Houses have a median rent of $855 while Units have a median rent of $750.
There are currently 162 properties listed for sale, and 64 properties listed for rent in Perth on OnTheHouse. According to Cotality's data, 870 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.