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

56 Palmerston Street
Perth WA 6000

Bedrooms: 3
Bathrooms: 1
Car spaces: 8
Floor area: 203m2
Land area: 450m2
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Last updated 23 Feb 2026
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Property Details for 56 Palmerston St, Perth

56 Palmerston St, Perth is a 3 bedroom, 1 bathroom House with 8 parking spaces. The property has a land size of 450m2 and floor size of 203m2. While the property is not currently for sale or for rent, it was last sold in June 2021.

Building Type
House
Floor Size
203m2
Land Size
450m2
Local Government
Vincent
Lot/Plan
3/P001416

Last Listing description (August 2021)

Continue with the current office use, transform back to a character home, or redevelop the block to its maximum R80 potential.Zoned R80 Mixed Use residential/commercial across a 450m2 corner block presenting an array of possibilities. - Potential HomeOriginal and classic, character home stands reminiscent of a past era. Built in the late 1930's the home currently functions as open-plan professional offices. Benefit from a central location enjoying a growing list of nearby amenities including Hyde park, Perth's bustling food and beverage district Northbridge, plenty of public transport, Robertson Park Tennis Centre, some of Perth's best cafes, bars and eateries, and the list goes on....Are you a buddying hobbyist or a seasoned renovator? Either way, you could be looking at your next rewarding opportunity in transforming this home back to its former residential glory or continue the upgrade and use as commercial offices. Decorative cornicing and period ceiling roses adorning high ceilings, 4 ornate fireplaces, and a stained glass front entry door make this property a designer's dream.Bring your paint brush, your hard hat, and most importantly, your imagination. The term "this property has strong bones" has never been truer. An exposed brick exterior complete with period features throughout, this property is crying out to be a beautifully modernized designer home with a unique heritage feel.- Dependable, commercial grade security systems- Multiple split system air conditioning units- Ducted reverse cycle air conditioning throughout- Parking for 9 vehicles- Primary, secondary street and rear laneway access- Zoned R80 mixed use (commercial/residential) - Current CommercialCurrently used as professional offices, this original home, built in the 1930s, has been modified and opened to accommodate open plan offices. The current building is just shy of 200sqm and can accommodate 7 offices. The property features kitchenette facilities, shower, WC, and vanity bathroom which could operate as a changing/end of trip facility, commercial grade security, ducted reverse cycle air conditioning throughout, multiple split system air conditioners, and off street parking for 8 vehicles.Water Rates: $1265.24 approx.Council Rates: $2988.93 approx.

Property History for 56 Palmerston St, Perth, WA 6000

A timeline of how this property has performed in the market
Last Sold
$1,320,000
23 Jun 2021
  • 23 Jun 2021
    Sold for $1,320,000
  • 30 Apr 2021
    Listed for Sale UNDER CONTRACT - Contact Agent
  • 18 Oct 2007
    Sold for $1,175,000
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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 12,097 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, 832 properties were sold in the past 12 months in Perth.

Suburb Insights for Perth 6000

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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.