181 Hay Street, Subiaco, WA 6008 | Property Value & History | OnTheHouse
OFF MARKET

181 Hay Street
Subiaco WA 6008

Bedrooms: -
Bathrooms: -
Car spaces: 3
Floor area: 135m2
Land area: 376m2
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Property Details for 181 Hay St, Subiaco

Building Type
Commercial
Year Built
1980
Floor Size
135m2
Land Size
376m2
Local Government
Subiaco
Lot/Plan
6/P000864

Last Listing description (August 2026)

David Grace and Professionals MC Commercial are pleased to present 181 Hay Street, Subiaco for Sale.

This rare freehold asset offers immediate appeal for professional or commercial use, featuring flexible internal spaces, alfresco areas, and off-street parking. Under R-AC0 zoning, the site presents clear optionality for high-density or mixed-use redevelopment, allowing astute buyers to unlock future value.


Set within one of Perth's most tightly held and lifestyle-driven precincts, 181 Hay Street is well positioned to benefit from the broader Subiaco East revitalisation, which is expected to enhance urban activation, pedestrian connectivity, public realm outcomes and day-to-night activity across eastern Subiaco. These improvements are anticipated to support increased foot traffic, stronger retail and commercial exposure, and enduring demand throughout the precinct, further underpinning the property's long-term investment fundamentals.

The property's elevated position, adaptable configuration and longer-term redevelopment potential-potentially supporting 4-6 storeys (STCA)-provide additional scope for capital growth and future value creation. For owner-occupiers, the existing improvements offer immediate functionality, with a practical layout comprising reception, administration, client-facing areas and private offices. A dedicated male toilet is currently being constructed, providing separate male and female amenities, while the alfresco area is also undergoing refurbishment with new materials.

Combining immediate usability with future redevelopment potential in a tightly held and strategically evolving precinct, 181 Hay Street represents a scarce and compelling opportunity for owner-occupiers and investors seeking medium to long-term value.


For more information, please contact:

David Grace | Sales & Leasing Consultant
0429 290 809 - david.grace@professionalsmc.com.au


Key Features:

• Selling with vacant possession
• 376m²* Freehold land with Hay Street frontage
• 213m²* Building area
• Professional Offices
• On site Parking
• Alfresco
• Zoned R-AC0 permitting high density / mixed use
• Develop - Potential for 4 - 6 Stories or greater (STCA)
• Location to benefit from Subiaco East redevelopment


*Approximate

Property History for 181 Hay St, Subiaco, WA 6008

A timeline of how this property has performed in the market
Last Sold
$292,000
28 Jan 1997
  • 29 Jan 2026
    Listed for Sale Offers Invited
  • 28 Jan 1997
    Sold for $292,000
  • 11 Sep 1992
    Sold for $80,000
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About Subiaco 6008

The size of Subiaco is approximately 3.1 square kilometres. There are 12 parks, covering nearly 5.0% of the total area. The population of Subiaco in 2016 was 9202 people. By 2021 the population was 9940 showing a population growth of 8.0% in the area during that time. The predominant age group in Subiaco is 30-39 years. Households in Subiaco are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Subiaco work in a professional occupation.In 2021, 52.80% of the homes in Subiaco were owner-occupied compared with 52.40% in 2016.

Subiaco has 7,459 properties. Over the last 5 years, Houses in Subiaco have seen a 56.79% increase in median value, while Units have seen a 66.85% increase. As at 31 August 2026:

  • The median value for Houses in Subiaco is $2,286,433 while the median value for Units is $877,168.
  • Houses have a median rent of $1,200 while Units have a median rent of $750.
There are currently 50 properties listed for sale, and 17 properties listed for rent in Subiaco on OnTheHouse. According to Cotality's data, 356 properties were sold in the past 12 months in Subiaco.

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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.