33 Karoo Street, South Perth, WA 6151 sold on 10 December 2025 | OnTheHouse
SOLD
Sold on 10 Dec 2025 for $3,070,000

33 Karoo Street
South Perth WA 6151

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
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Property Details for 33 Karoo St, South Perth

33 Karoo St, South Perth is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 1935. While the property is not currently for sale or for rent, it was last sold in December 2025. There are other 4 bedroom House sold in South Perth in the last 12 months.

Building Type
House
Year Built
1935
Local Government
South Perth
Lot/Plan
70/P003382

Last Listing description (December 2025)

Corner Development Opportunity in an Exceptional South Perth Location

An outstanding opportunity for investors and developers to secure a premium property in one of Perth’s most desirable suburbs.

Positioned on a generous 809sqm corner block zoned R25, this site offers potential for two street-front homes (subject to council approval).

The existing 4x2x2 home is well-presented, featuring a swimming pool and a secure double garage, offering comfortable family living or an ideal investment while you plan your next project.

Currently leased at $1,300 per week (increasing to $1,365 in November) with a fixed lease until 30 November 2026, the property provides excellent holding income in an exceptional location.

Key Features:

• 809sqm corner block zoned R25

• Subdivision potential – two street-front lots (STCA)

• Solid 4x2x2 home with pool and double garage

• Currently tenanted at $1,300 pw (rising to $1,365 pw in Nov 2025)

• Lease expiry: 30 Nov 2026 – ideal holding income

• Council Rates: Approx. $3,830 p.a.

• Water Rates: Approx. $1,830 p.a.

Location Highlights:

• Approx. 4 km to Perth CBD

• Close to Swan River foreshore, Perth Zoo and Mends Street caf&aecute;s

• Easy access to Kwinana Freeway and public transport

• Within top school catchment areas

• Wesley College – 1 km

• South Perth Primary – 1.2 km

• Penrhos College – 3.5 km

• Surrounded by local parks, caf&aecute;s, golf course and lifestyle amenities

Whether you’re looking to land-bank, develop, or secure a prime South Perth address with strong rental returns and long-term capital growth, this is an opportunity not to be missed.

For more information call me now on 0424 194 509.

DISCLAIMER: The information contained herein has been supplied to us and we have no reason to doubt its accuracy, however we cannot guarantee it. Accordingly, all interested parties should make their own enquires to verify the information.

Property History for 33 Karoo St, South Perth, WA 6151

A timeline of how this property has performed in the market
Last Sold
$3,070,000
10 Dec 2025
  • 31 Jan 2026
    Sold - Price Undisclosed
  • 20 Oct 2025
    Listed for Sale Sold
  • 01 Apr 2024
    Listed for Rent $1,300 per week
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About South Perth 6151

The size of South Perth is approximately 5.2 square kilometres. It has 20 parks covering nearly 28.6% of total area. The population of South Perth in 2016 was 12053 people. By 2021 the population was 12596 showing a population growth of 4.5% in the area during that time. The predominant age group in South Perth is 20-29 years. Households in South Perth are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in South Perth work in a professional occupation.In 2021, 54.60% of the homes in South Perth were owner-occupied compared with 54.00% in 2016.

South Perth has 8,797 properties. Over the last 5 years, Houses in South Perth have seen a 89.43% increase in median value, while Units have seen a 97.88% increase. As at 31 March 2026:

  • The median value for Houses in South Perth is $2,296,866 while the median value for Units is $979,393.
  • Houses have a median rent of $850 while Units have a median rent of $730.
There are currently 58 properties listed for sale, and 24 properties listed for rent in South perth on OnTheHouse. According to Cotality's data, 501 properties were sold in the past 12 months in South perth.

Suburb Insights for South Perth 6151

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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.