558 Newcastle Street, West Perth, WA 6005 sold on 26 October 2025 | OnTheHouse
SOLD
Sold on 26 Oct 2025 for $1,800,000

558 Newcastle Street
West Perth WA 6005

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 683m2
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Property Details for 558 Newcastle St, West Perth

558 Newcastle St, West Perth is a 0 bedroom, 0 bathroom House and was built in 1900. The property has a land size of 683m2. While the property is not currently for sale or for rent, it was last sold in October 2025. There are other 0 bedroom House sold in West Perth in the last 12 months.

Building Type
House
Year Built
1900
Land Size
683m2
Local Government
Vincent
Lot/Plan
133/P002360

Last Listing description (October 2025)

Belle Property Commercial Perth is pleased to present 558-560 Newcastle Street, West Perth for Sale via a 4 week 'Set Date Contract' campaign closing 5pm AWST 16th October 2025.This unique property offers buyers the rare opportunity to secure two separate buildings on a single freehold title the highly sought after city fringe location of West Perth. With flexible 'Mixed Use R160' zoning and a land area of 683sqm*, the property suits a wide range of buyer profiles including investors, commercial/residential owner occupier & future developers.The existing improvements include both commercial and residential fit outs, roofing upgrades, rear bitumen car parking, rear decking, and internal cosmetic enhancements, making the asset ready for immediate occupation or investment.The dual-building configuration allows for versatile occupation strategies where buyers may choose to occupy one side while leasing the other or simply lease both for a diversified income stream with a keen eye for future redevelopment in line with the evolving precinct.| Key Investment Highlights |- 683sqm* Green title landholding- 195sqm* Internal Area- 97sqm* Alfresco/Decking Area - LPS 2 Zone: Mixed Use R160- Two separate buildings with multi-use potential- Abundance of on-site rear parking - Flexible opportunities to own & occupy or invest- Positioned within a transforming precinct with strong future upside- Excellent connectivity to Perth CBD, transport links, lifestyle and retail amenity- Possibility for the property to be used for short stay accommodation (Air BnB or similar) STCA**- Existing improvements include:o Roofing upgrade/replacement o Internal commercial office fit outo Internal residential fit outo Rear bitumen car parko Rear deckingo Cosmetic decorative works & high-end finishes throughout| Residential |Following significant internal and external upgrades/renovations the subject property offers - 4 bedrooms + 2 bathrooms + 2 kitchens + large 97sqm decking area and an abundance of parking/play area which suits perfectly for basketball enthusiasts. | Location |558-560 Newcastle Street enjoys a strategic city-fringe position with excellent accessibility and exposure. Situated on one of Perth's key arterial routes, the property benefits from outstanding connectivity to the Perth CBD, Leederville, Northbridge and Subiaco precincts.The location provides seamless access to major freeways including the Mitchell Freeway, Graham Farmer Freeway and Kwinana Freeway, ensuring convenient travel across the metropolitan area. The site is also well serviced by public transport, with nearby bus routes and train stations offering direct links into the CBD and beyond.Surrounded by a diverse mix of commercial, retail, residential and hospitality offerings, the property is positioned within an evolving precinct that continues to attract strong investment and development activity.| The Sale Process |The property is offered for Sale via a 4 week 'Set Date Contract' campaign closing 5pm AWST, 16th October 2025. Buyers are encouraged to inspect at weekly grouped appointments (times to be confirmed with the agent) and buyers can register offers throughout the campaign & presented at close date however, the seller reserves the right to sell prior to the campaign close date.NOTE - *GST does not apply to the sale of this property.* An Information Memorandum is available upon request. The property is a single title and not 2 separate lots.Links to property videos (2 separate buildings):558 Newcastle St : https://www.youtube.com/watch?v=2QYxwlmg66M&feature=youtu.be560 Newcastle St: https://www.youtube.com/watch?v=vrwmYmzArjgFor further details or to arrange an inspection, please contact the exclusive selling agents listed below.*Approximate** Subject to Council Approval

Property History for 558 Newcastle St, West Perth, WA 6005

A timeline of how this property has performed in the market
Last Sold
$1,800,000
26 Oct 2025
  • 26 Oct 2025
    Sold for $1,800,000
  • 19 Sep 2025
    Listed for Sale UNDER OFFER
  • 28 Feb 2022
    Sold for $1,175,000
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About West Perth 6005

The size of West Perth is approximately 2.3 square kilometres. It has 11 parks covering nearly 10.3% of total area. The population of West Perth in 2016 was 5608 people. By 2021 the population was 6102 showing a population growth of 8.8% in the area during that time. The predominant age group in West Perth is 30-39 years. Households in West Perth are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in West Perth work in a professional occupation.In 2021, 33.70% of the homes in West Perth were owner-occupied compared with 33.00% in 2016.

West Perth has 5,856 properties. Over the last 5 years, Houses in West Perth have seen a 67.65% increase in median value, while Units have seen a 60.37% increase. As at 30 November 2025:

  • The median value for Houses in West Perth is $1,369,070 while the median value for Units is $658,931.
  • Houses have a median rent of $875 while Units have a median rent of $700.
There are currently 49 properties listed for sale, and 28 properties listed for rent in West perth on OnTheHouse. According to Cotality's data, 435 properties were sold in the past 12 months in West perth.

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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.