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WA › Fremantle › Malcolm St

24 Malcolm St, Fremantle WA 6160

House

$2,000,000

Last sold

18 Sept 2023

5

Bedrooms

2

Bathrooms

0

Car spaces

604 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

What should you know about this lot before spending serious money?

Why this property?

  • FactLast recorded sale $2,000,000 (18 Sept 2023).(Recorded sale)
  • FactLand 604 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in Fremantle (last 5 years) with land size: median $4,070/m² of land (n=35). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

What could make it worth more?

  • FactZoned Residential (1) under the FREMANTLE.(Landgate SLIP · 1 Sept 2026)

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

No verification items generated for this record.

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

What this lot has actually traded at

Last sold

$2,000,000

18 Sept 2023 · derived via latest_sale

Local land rate: recorded House sales in Fremantle (last 5 years) with land size have a median of $4,070/m² of land (n=35). Districts calculation from recorded sales — not a valuation.

Fremantle at a glance

11,327

People

$1,575,000

Median sale

$765/wk

Median rent

2.53%

Suburb gross yield

Median sale from 26 recorded sales (last 12 months) — a Districts calculation.

See the full Fremantle report →

Vs Fremantle

+27.0%

Median sale

Suburb $1,575,000

-0.54 pp

Gross yield

Suburb 2.53%

Suburb median $1,575,000 from 26 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Planning

Planning and development

Planning scheme

FREMANTLE

Zone

Residential

1

Jurisdiction

Fremantle

Fremantle, WA

Planning overlays

  • bushfireNot detected
  • heritageNot detected

Development activity

Data unavailable

Source

  • Provider: Landgate SLIP
  • Dataset: Local Planning Scheme — Zones and Reserves (DPLH-071)
  • Retrieved: 31 Aug 2026
  • Version: 1
  • Parcel: 186930

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

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, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not detected — official

The official layer was queried and no bushfire risk zone was detected on this parcel (Landgate SLIP, retrieved 31 Aug 2026). Mapped layers change — this is the strongest all-clear Districts can give, not a certificate.

Heritage

Not detected — official

The official layer was queried and no heritage listed area was detected on this parcel (Landgate SLIP, retrieved 31 Aug 2026). Mapped layers change — this is the strongest all-clear Districts can give, not a certificate.

Records

Property history

  1. Sold$2,000,00018 Sept 2023
  2. Listedprice unknowncompleted15 Sept 2023
  3. Listedprice unknowncompleted15 Sept 2023

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

WA

Why this lot, not just this suburb

Why could this property outperform?

WA full cadastre is not free for commercial use. Lot optionality cannot be computed from official geometry. Listed land size is 604 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.

What could kill that thesis?

Confidence: low

Flood overlay has not been queried for this lot. Missing layer is unknown, not “no.” Nearby development applications are not loaded for this property.

Rental

Income, competition, and yield

What will it realistically rent for?

Confidence: low

No advertised rent is recorded. Suburb median rent $765/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms. No recorded off-street parking — often a discount versus the suburb median for the same beds.

What competition will it face?

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.

What does the yield actually look like?

Confidence: low

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

What this means for this property

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.”

Read more

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

What is known for this property

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.

2 of 10 questions answered so far

  • Development optionality of this lot

    Unknown

    WA full cadastre is not free for commercial use. Lot optionality cannot be computed from official geometry. Listed land size is 604 m² — that is not official geometry.

  • Nearby development pipeline

    Unknown

    Nearby development applications are not loaded for this property.

  • Honest achievable rent

    Knownlow

    This 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

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Knownmedium

    Official parcel about 608 m² — land size can look like optionality. No material overlays were returned that would explain a discount. That is not proof the price is fair. Nearby DAs, easements, and flood-layer gaps can still explain a cheap-looking listing — those are not all loaded.

  • Lot-level flood

    Unknown

    Flood overlay has not been queried for this lot. Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    No DA adapter returned applications for this parcel.

  • Statutory land value versus ask

    Unknown

    Statutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.

  • Net yield / holding costs

    Unknown

    Net yield / holding costs are not estimated outside NSW without inventing land tax.

Area

Fremantle in one glance

Fremantle at a glance

11,327

People

$1,575,000

Median sale

$765/wk

Median rent

2.53%

Suburb gross yield

Median sale from 26 recorded sales (last 12 months) — a Districts calculation.

See the full Fremantle report →

Keep researching

  • Why Fremantle? Read the area thesis →
  • What else is on the market in Fremantle →
  • Other records on Malcolm St →

Listing material

Listed by Ray White Dethridge Groves

Pending settlement

Under offer by Team Majeks - 3 Days on Market

Two spectacular historic homes are nestled in tandem on an elongated 604m2 block in a hidden pocket of Fremantle. Constructed in 1905 and 1896 respectively, these heritage homes represent a precious slice of history. The rare second dwelling provides myriad options for use, including a source of income as short or long-term rental accommodation.

Malcolm Street slopes down towards the inner harbour a mere 600 metres away, offering exceptional views of the cranes at Fremantle Port. From this tightly held location it's a short two-minute drive to the Fremantle Arts Centre, the river, and John Curtin College of the Arts (falling within the catchment area).

Read the full description

Set behind a limestone wall and a sweet courtyard, the front home is rendered masonry typical of the gold boom period. A wide entrance hallway with elegant arch mouldings, soaring ceilings and original jarrah floors leads to two large bedrooms, the main with a fireplace, picture rails and cropped windows. Further in, you will find a comfortable loungeroom to the left, and a dining room to the right with a fireplace creating an inviting atmosphere perfect for dinner parties. This room is sealed by one of three distinctive timber and wrought iron doors, a real standout feature. At the rear of the home, an enclosed sleepout houses a combined bathroom/ laundry and a contemporary kitchen overlooking the alfresco area, which offers an elevated vantage point to take in the peaceful landscaped gardens below.

Follow a winding garden path down to the original stone cottage built in 1896 at the rear of the block. A bullnose verandah shelters the front door, and inside original jarrah floorboards are darkened by the footfalls of people dating back to a time when horses and carts travelled up Fremantle's High Street. Two large bedrooms peel off either side of the hallway with ceiling roses and sash windows, followed by a modest eat in kitchen and a combined bathroom/ laundry with a bathtub. This home has a separate entrance with an electronic gate down the side of the block, offering buyers a versatile dwelling separately metered for water, electricity, and gas usage. This home would be a perfect location for a consulting business, inter-generational living or short or long-term rental accommodation.

The garden between the two homes feels enclosed and private and is reticulated for easy care. Established fruit trees including loquat, citrus, fig, and passionfruit are dotted throughout so you can pluck fresh fruit straight from the tree or make your own jams and preserves. In the middle of the garden is a powered workshop which could be fitted out for a teen retreat, workshop, or art studio.

This is a rare opportunity to own two historic homes set amongst fruitful gardens in wonderful proximity to Young George, La Lune café, and Sweetwater Rooftop Bar. Cross the bridge to North Fremantle to discover antique shops, music venues and specialty stores. With East Fremantle Primary School, John Curtin College of the Arts, and Christian Brothers College all less than 1km away. Versatile spaces, historic architecture, and a central location, it's all here at 24 Malcolm Street.

Two unique heritage homes on 604m2 block

Period features: decorative arches, ceiling roses, jarrah floors etc

Solar panels and solar battery

Split system air conditioner in front house

Two outdoor w/c's

Powered workshop with storeroom

Elevated alfresco with decking on front house

New gutters and fresh paint inside front house

Rear dwelling separately metred

Landscaped gardens with fruit trees

John Curtin College of the Arts catchment

Excellent proximity to the river and Fremantle

5 bedrooms 2 bathrooms 3 toilets

Contact Team Majeks to discuss pricing and viewing opportunities

ALL OFFERS WILL BE PRESENTED 4PM THURSDAY 5 OCTOBER

*Seller reserves the right to sell prior without notice*

City of Fremantle Rates : Approx $3883.28

Water Rates:

House 1 : $1224.84

House 2: $1068.38

Listing description written by Chanel Majeks, Ray White Dethridge Groves — reproduced as published, not verified by Districts.

Property features

  • Toilets: 3
Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.