181-189 Bulwer Street, Perth, WA 6000 | Property Value & History | OnTheHouse
 
OFF MARKET

181-189 Bulwer Street
Perth WA 6000

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 730m2
Land area: 1864m2
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Property Details for 181-189 Bulwer St, Perth

Building Type
Land
Year Built
1950
Floor Size
730m2
Land Size
1864m2
Local Government
Vincent
Lot/Plan
101/D090109

Last Listing description (November 2021)

Ray White Commercial (WA) presents an opportunity exists to acquire a prime strategic corner property with a strong underlying land content that is zoned for higher density, mixed use redevelopment.

The property is a Telstra telephone exchange with a Western Power substation located towards the North West of the site, and has potential for 4 storey mixed use development.

Key Features

- Land area - 1,864sqm*
- Building area - 965sqm*

Tenancy Summary
- Telstra Leaseback
- 3 years + 1 years option

181-189 Bulwer Street, Perth, Western Australia is offered for sale as a freehold property with a residual 3 years Leaseback to Telstra providing a meaningful holding income.

Expressions of Interest - Offers Invited.

For more information or to arrange an inspection please contact:

Stephen Harrison
Ray White Commercial (WA)
M: 0421 622 777
E: stephen.harrison@raywhite.com

Michael Milne
Ray White Commercial (WA)
M: 0403 466 603
E: michael.milne@raywhite.com

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Property History for 181-189 Bulwer St, Perth, WA 6000

A timeline of how this property has performed in the market
Last Sold
$3,608,000
17 Sep 2021
  • 17 Sep 2021
    Sold for $3,608,000
  • 13 Jul 2021
    Listed for Sale Expressions of Interest
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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 12,107 properties. Over the last 5 years, Houses in Perth have seen a 56.10% increase in median value, while Units have seen a 60.01% increase. As at 28 February 2026:

  • The median value for Houses in Perth is $1,375,555 while the median value for Units is $680,291.
  • Houses have a median rent of $850 while Units have a median rent of $750.
There are currently 147 properties listed for sale, and 68 properties listed for rent in Perth on OnTheHouse. According to Cotality's data, 816 properties were sold in the past 12 months in Perth.

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