LEVEL 1/38 Richardson Street, West Perth, WA 6005 | Property Value & History | OnTheHouse
 
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LEVEL 1/38 Richardson Street
West Perth WA 6005

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 908m2
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Property Details for Level 1/38 Richardson St, West Perth

Building Type
Commercial
Land Size
908m2
Local Government
Perth
Lot/Plan
10/P001397

Last Listing description (July 2022)

38 Richardson Street is a quality, three storey office building well situated at the western end of West Perth. The building features ground floor car parking with three floors of office accommodation above, with pleasing views to the tree lined Richardson Street and surrounding West Perth area.

Located on the northern side of Richardson Street at the western end of West Perth, the building is easily accessed between Thomas Street and Ventnor Avenue. The property is a short walk to the Red CAT bus service and the Hay Street cafe and restaurant strip, with immediate access into Subiaco via Bagot Road and Hay Street.

Available Areas:

Level 2 | 406 sqm Recently refurbished whole floor with a quality existing fitout including 7 offices, meeting rooms, boardroom, kitchen and open plan workstations.

Level 3 | 138 sqm Existing fitout in place with a reception area, 3 offices, meeting rooms, boardroom and open plan with natural light throughout.

The building benefits from low outgoings at $148.81/sqm and a parking ratio of 1 bay per 40sqm of leased area at $250/bay/month plus DOT levies.

For more information or to arrange an inspection please contact the listed agent.

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Property History for Level 1/38 Richardson St, West Perth, WA 6005

A timeline of how this property has performed in the market
Last Sold
$4,200,000
30 Mar 2021
Listed for Rent
$3/w
07 Jul 2022
  • 30 Mar 2021
    Sold for $4,200,000
  • 17 Mar 2021
    Listed for Sale Please contact agent
  • 22 Sep 2020
    Listed for Rent $175 / year
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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 68.79% increase in median value, while Units have seen a 63.49% increase. As at 31 December 2025:

  • The median value for Houses in West Perth is $1,405,193 while the median value for Units is $682,002.
  • Houses have a median rent of $875 while Units have a median rent of $700.
There are currently 52 properties listed for sale, and 34 properties listed for rent in West perth on OnTheHouse. According to Cotality's data, 432 properties were sold in the past 12 months in West perth.

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