11 Mcmaster StreetVictoria Park WA 6100
Property Details for 11 Mcmaster St, Victoria Park
11 Mcmaster St, Victoria Park is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1915. While the property is not currently for sale or for rent, it was last sold in May 2024.
Last Listing description (July 2024)
ENORMOUS POTENTIAL!
Proudly presented by Edward Lim
Welcome to 11 McMaster Street, Victoria Park, a treasure trove of opportunity just waiting for you! This prime 768m2 block of real estate, zoned R60 and perfectly rectangular, is a developer's dream right on the city's doorstep. They simply don't make land like this anymore!
Step back in time with the charming 1915 red brick and tile home, sold "as is" but brimming with potential. Featuring lofty ceilings, ornate cornices, and a welcoming front verandah, this property is just begging for your creative touch.
The block, with its approximate width of 15.23m and depth of 50.45m, is ideal for various development options. The existing 2-bedroom home with a sleepout sits to one side, allowing for a retain and build subdivision. Even better, there's already a DA approval in place for three brand new townhouses and comes with potential to accommodate up to five dwellings (subject to council approval). Whether you're planning a stunning renovation, leasing out while you plan, or diving into a major development project, the possibilities here are endless.
Located in one of the best pockets of Victoria Park, this property offers the perfect blend of tranquillity and convenience. Nestled in a leafy, established street, you're just moments away from a variety of local amenities. Enjoy renowned eateries on Perth's most vibrant strip, lush parklands, Curtin University, shops, and public transport. Plus, you're in the catchment area for the prestigious Victoria Park Primary School. Living here is incredibly convenient!
Let's talk about the Potential...
* Land banking, rent out to earn income
* Renovate for own stay
* Demolish and build your dream family home
* Subdivide and sell the blocks (STCA)
* Retain and build
* DA approval to build 3 brand new townhouses with city views
* Demolish and build up to 5 new homes (STCA)
* The possibilities are endless, the choice is yours!
Outgoings:
* Council Rates: $2,088.52 (FY 2023 - 2024)
* Water Rates: $984.18 (FY 2022 - 2023)
Presently rented to reliable tenants at $600/week until 8/8/2024, this prime piece of real estate with enormous potential and won't last long. Act fast to secure it and start planning your dream development.
For more information or to view this property, please contact listing agent Edward Lim at 0408 929 655. Don't miss out on this rare opportunity!
** We have obtained all information in this document from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations.**
Property History for 11 Mcmaster St, Victoria Park, WA 6100
- 01 Jul 2024Sold - Price Undisclosed
- 22 May 2024Listed for Sale Under Contract
- 15 Mar 2023Listed for Sale Sold
Recent sales nearby
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About Victoria Park 6100
The size of Victoria Park is approximately 2.6 square kilometres. There are 16 parks, covering nearly 12.7% of the total area. The population of Victoria Park in 2016 was 8777 people. By 2021 the population was 9334 showing a population growth of 6.4% in the area during that time. The predominant age group in Victoria Park is 30-39 years. Households in Victoria Park are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Victoria Park work in a professional occupation.In 2021, 44.90% of the homes in Victoria Park were owner-occupied compared with 43.80% in 2016.
Victoria Park has 5,800 properties. Over the last 5 years, Houses in Victoria Park have seen a 82.64% increase in median value, while Units have seen a 102.98% increase. As at 31 May 2026:
- The median value for Houses in Victoria Park is $1,306,805 while the median value for Units is $720,360.
- Houses have a median rent of $825 while Units have a median rent of $613.
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