Subiaco at a glance
11,701
People
$2,070,000
Median sale
$673/wk
Median rent
1.69%
Suburb gross yield
Median sale from 45 recorded sales (last 12 months) — a Districts calculation.
$3,425,000
Last sold
10 Aug 2025
3
Bedrooms
3
Bathrooms
3
Car spaces
390 m²
Land
209 m²
Building
Districts View
No upside evidence detected in the data Districts holds for this lot.
No detected risks — but see the checklist: absence of evidence is not an all-clear.
Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.
Price evidence
Last sold
$3,425,000
10 Aug 2025 · derived via latest_sale
Local land rate: recorded House sales in Subiaco (last 5 years) with land size have a median of $6,284/m² of land (n=35). Districts calculation from recorded sales — not a valuation.
Subiaco at a glance
11,701
People
$2,070,000
Median sale
$673/wk
Median rent
1.69%
Suburb gross yield
Median sale from 45 recorded sales (last 12 months) — a Districts calculation.
Vs Subiaco
+65.5%
Median sale
Suburb $2,070,000
-0.67 pp
Gross yield
Suburb 1.69%
Suburb median $2,070,000 from 45 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Planning
Planning data is being calculated
Data unavailable
Source
Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.
Site
Terrain has not been calculated for this property yet.
Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.
Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
WAWA full cadastre is not free for commercial use. Lot optionality cannot be computed from official geometry. Listed land size is 390 m² — that is not official geometry. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Nearby development applications are not loaded for this property.
Rental
No advertised rent is recorded. Suburb median rent $673/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.
Current comparable rental listings within 400 m of this lot are not loaded. Nearby development applications are not loaded for this property. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.
Yield cannot be shown without both a price and a rent figure. Net yield is not estimated from gross advertising copy. Net yield / holding costs are not estimated outside NSW without inventing land tax.
Verdict
Districts view
Not enough official evidence yet to underwrite this as an investment.
Detail
The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”
Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.
The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.
Evidence
Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.
1 of 10 questions answered so far
Development optionality of this lot
UnknownWA full cadastre is not free for commercial use. Lot optionality cannot be computed from official geometry. Listed land size is 390 m² — that is not official geometry.
Nearby development pipeline
UnknownNearby development applications are not loaded for this property.
Honest achievable rent
KnownlowThis is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.
Rental supply pressure
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
UnknownThe constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.
Lot-level flood
UnknownOfficial flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownDevelopment applications have not been queried for this parcel.
Statutory land value versus ask
UnknownStatutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.
Net yield / holding costs
UnknownNet yield / holding costs are not estimated outside NSW without inventing land tax.
Area
Subiaco at a glance
11,701
People
$2,070,000
Median sale
$673/wk
Median rent
1.69%
Suburb gross yield
Median sale from 45 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by William Porteous Properties InternationalTucked away on a tranquil, tree-lined street within one of Subiaco's most tightly held and sought-after enclaves, this exceptional, architect-designed residence delivers a flawless fusion of understated elegance, effortless style and contemporary luxury. Inspired by mid-century modern design and brought to life by Concept Building Design (with interiors by Adyn Kelly Design), the home has been crafted to perfection by Innerspace Homes to offer refined, low-maintenance living without compromise.
Perfectly positioned in a highly walkable location, it's the ideal sanctuary for the discerning downsizer, globe-trotter, or luxury lifestyle seeker.
From the street, the discreet grey façade with charcoal trim hints at sophistication-but it's the interiors that truly impress. Sunlight floods in to reveal clean lines, a refined palette of natural textures, and a seamless connection to leafy garden courtyards and treetop vistas. Every element of the design speaks to quality and intent-elevated by consistent, high-end finishes and an architectural language that celebrates space, flow, and warmth.
At the front of the home, a beautifully appointed guest bedroom includes built-in robes, a stylish ensuite and access to a private courtyard with its own entry. A bespoke home office with custom cabinetry offers privacy and tranquility, positioned away from the central living zone.
The heart of the home is a striking, light-filled open plan living and dining area, with soaring raked ceilings, full-height glass, and a marble-encased fireplace that anchors the space. The superbly appointed chef's kitchen is a centrepiece in both form and function-featuring two expansive islands (one topped in Italian marble with a Vintec wine fridge and integrated drinks drawer, the other in Caesarstone with integrated dishwasher and concealed storage), plus a full suite of premium appliances, double ovens, a warming drawer, and hot/cold Zip tap.
Entertain year-round in the central courtyard, accessed via bifold doors from both the living area and kitchen. The alfresco space features a fully automated louvre roof that responds to the weather, ensuring seamless indoor-outdoor living in all seasons.
Discreetly tucked behind a concealed door lies a large, flexible living space-ideal as a reading room, sitting room or generous third bedroom, complete with bifold doors to the courtyard and an adjacent luxury bathroom.
The serene, north-facing master suite is a true retreat, with highlight windows and full-height stacking doors framing calming views of treetops and a nearby church spire. The luxurious ensuite features silver travertine floors, Bernini natural stone vanities, a freestanding bath, large walk-in shower and WC. A fully fitted dressing room completes the picture.
Practicality has been designed in at every turn. At the rear of the home, a private laneway leads to secure parking for five vehicles, including a double garage with high clearance for SUVs, an additional bay behind an automatic gate, and two further off-street bays. A Swedish-engineered Cibes A5000 lift provides effortless access from the garage to the main residence. Multiple storerooms and underfloor storage add to the home's thoughtful utility.
This is more than a home-it's a bespoke lifestyle statement. Private, refined, and impeccably crafted, 198 Park Street is your sanctuary in Subiaco.
Features:
• 2017/2018 MBA Winner - Best Alteration & Addition
• Architect: Concept Building Design
• Builder: Innerspace Homes
• Interiors: Adyn Kelly Design
• Single-level, architect-designed luxury residence
• Grand entry via portico and pivot front door
• Guest suite with built-in robes, ensuite, and private courtyard
• Custom home office with integrated cabinetry
• Expansive open-plan living and dining with raked ceilings and marble fireplace
• Chef's kitchen with:
• Dual island benches (Italian marble & Caesarstone)
• Vintec wine fridge & drinks drawer
• Integrated fridge/freezer, dishwasher, ovens, warming drawer
• Gas cooktop and rangehood
• Zip tap with boiling/cold water
• Central courtyard with bifold access and auto louvre roof system
• Powder room
• Large flexible sitting/third bedroom with bifold doors and garden access
• Master suite with:
• Floor-to-ceiling stacking doors & treetop views
• Fitted dressing room
• Luxe ensuite with Bernini stone, silver travertine, freestanding bath
• Terrace balcony
• Cibes A5000 platform lift (Sweden)
• Double garage with SUV clearance
• Additional bay behind auto gate
• Two off-street spaces in front of garage
• Two storerooms and underfloor storage
• Fully reticulated gardens with uplighting
• Reverse cycle split system air conditioning throughout
Approx Rates:
Council $ 3,279.17 PA
Water: $ 1,889.94 PA
Listing description written by Peter Robertson, William Porteous Properties International — reproduced as published, not verified by Districts.