938 Hay Street, Perth, WA 6000 | Property Value & History | OnTheHouse
OFF MARKET

938 Hay Street
Perth WA 6000

Bedrooms: -
Bathrooms: -
Car spaces: -
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Property Details for 938 Hay St, Perth

Building Type
Commercial
Local Government
Perth
Lot/Plan
101/P046006

Last Listing description (December 2025)

BOUTIQUE CHARACTER TENANCY 220.8 SQM

938 Hay Street is a beautifully restored character building situated in the vibrant west end of the CBD, opposite QV1.The level 1 tenancy of 220.8 sqm is fitted out ready to occupy with boardroom, meeting room, 3 double sized offices, 12 workstations (with room for 2 more) and a kitchen. Exclusive shower & bathrooms.High profile signage rights are available on the building faade facing either Hay or Milligan Streets. Each sign just $3,000 per annum.Local amenities are plentiful with the QV1 retail plaza across the road, Cloisters food court close by and the popular cafes Tisch and Smooth Operator literally on your doorstep.Tenants will enjoy easy access to West Perth and the freeway while avoiding the majority of the CBDs peak-hour congestion.Low outgoings of $153/sqm per annum for the 2025/26 financial year.Up to potentially 7 car bays available in the next door building.Please contact Andrew Denny on 0439 038 005 or andrew.denny@cbre.com.au for further information or to organise a site inspection.

Property History for 938 Hay St, Perth, WA 6000

A timeline of how this property has performed in the market
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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 149 properties listed for sale, and 71 properties listed for rent in Perth on OnTheHouse. According to Cotality's data, 874 properties were sold in the past 12 months in Perth.

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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.