Coolbinia at a glance
1,905
People
$2,117,500
Median sale
$675/wk
Median rent
1.66%
Suburb gross yield
Median sale from 10 recorded sales (last 24 months) — a Districts calculation.
WA › Coolbinia › Walcott St
$2,850,000
Last sold
27 Dec 2025
6
Bedrooms
5
Bathrooms
10
Car spaces
1,670 m²
Land
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
$2,850,000
27 Dec 2025 · derived via latest_sale
Local land rate: recorded House sales in Coolbinia (last 5 years) with land size have a median of $2,120/m² of land (n=21). Districts calculation from recorded sales — not a valuation.
Coolbinia at a glance
1,905
People
$2,117,500
Median sale
$675/wk
Median rent
1.66%
Suburb gross yield
Median sale from 10 recorded sales (last 24 months) — a Districts calculation.
Vs Coolbinia
+34.6%
Median sale
Suburb $2,117,500
-0.43 pp
Gross yield
Suburb 1.66%
Suburb median $2,117,500 from 10 recorded sales (last 24 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 1,670 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 $675/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 1,670 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
Coolbinia at a glance
1,905
People
$2,117,500
Median sale
$675/wk
Median rent
1.66%
Suburb gross yield
Median sale from 10 recorded sales (last 24 months) — a Districts calculation.
Listing material
Listed by The Perth Property CoThe Perth Property Co. is proud to present 386 Walcott Street, Coolbinia.
A distinguished Coolbinia landmark of rare architectural pedigree, this Circa-1935 Jones & Grant-designed Inter-war Art Deco residence stands as one of Perth's most significant private homes.
Set across a spectacular 1,670sqm dual-lot landholding, this heritage-listed masterpiece unites timeless design, luxurious modern living, and future opportunity in one extraordinary offering.
A Heritage Statement of Strength and Style
From the moment you arrive, the home's commanding Art Deco façade makes its presence known.
Curved geometry, strong vertical lines, and original stonework speak to the craftsmanship of the era, while the wide circular driveway, manicured lawn, and sculpted gardens create an elegant sense of arrival.
The bold entry pavilion-framed by symmetrical columns and soft native landscaping-immediately conveys the architectural importance within, setting the stage for a residence that celebrates both history and high-end living.
Immersive Living, Designed on a Grand Scale
Spanning approximately 629sqm of living space, the home has been thoughtfully reimagined to support large-scale family life, multigenerational living, and luxurious entertaining, all while preserving its Art Deco character.
Inside you'll discover:
• A dedicated home theatre positioned off the entry
• Multiple light-filled living zones, reading rooms, and games areas
• A chef's kitchen with scullery, walk-in pantry, and premium appliances
• An exceptionally large laundry, crafted for busy family living
• A versatile study, gym, and rumpus room
• Brand new app-controlled security system with CCTV
• Retained heritage features including geometric lines, solid construction, and original framed architectural plans celebrating the home's history
Every space has been renovated with premium finishes, ensuring modern comfort while maintaining the integrity of its 1930s design.
A Luxury Master Retreat
The master suite is its own sanctuary-generous, private, and beautifully appointed. Enjoy a spa overlooking the gardens, a luxury ensuite, and a private alfresco that invites quiet morning coffee moments or evening wind-downs.
Resort-Style Outdoor Living
Step outside and discover what truly sets 386 Walcott Street apart.
Meticulously landscaped gardens envelope the home, creating a serene, private environment that feels worlds away from its inner-city setting. Multiple alfresco zones provide endless options for dining, lounging, and entertaining.
At the heart is the show-stopping resort-style pool, featuring:
• A swim-up bar perfect for summer gatherings
• Large surrounding terraces for family relaxation
• Verdant planting that frames the water beautifully
• Private gym room and poolside bathroom
This is luxury living at its most indulgent-your own private resort in one of Perth's most sought-after suburbs.
Unmatched Space, Parking & Practicality
A true rarity:
• 10 parking spaces (including 3 enclosed)
• Expansive storage
• A dedicated workshop for DIY or hobby pursuits
• Fully fenced grounds offering security and peace of mind
Perfect for large families, home-based business operators, or collectors with multiple vehicles.
A Blue-Chip Location, Minutes from Everything
Positioned just 5km from the Perth CBD, Coolbinia remains one of the city's most tightly held inner-north suburbs. Surrounded by premium schools, leafy parklands, cafés, and transport options, it offers the kind of convenience and prestige that buyers rarely let go of.
A Rare Dual-Lot Investment Opportunity
Set across two separate 835sqm blocks, this remarkable 1,670sqm holding offers exceptional long-term potential.
Subject to heritage removal and council approvals, astute buyers may explore:
• A future subdivision
• Multi-generational living options
• A long-term land bank in a premier inner-city location
Opportunities like this are exceptionally rare-and almost never attached to a home of such architectural significance.
A Landmark Home. A Luxury Lifestyle. A Once-in-a-Generation Opportunity.
386 Walcott Street is more than a residence-it is a piece of Perth's architectural history, expertly restored and elevated for contemporary living. Whether you are drawn by its heritage grandeur, its family-scale luxury, or its powerful investment potential, this is a property that simply cannot be replicated.
Expressions of Interest are now invited. To arrange your private viewing or request the full information, contact The Perth Property Co. today.
Other Information
Built Circa 1935
Size 1670sqm
Council rates $1,873.55
Water rates $1,817.17
Approximate Distances
Kyilla Primary 500m
Coolbinia Primary 900m
Angove Street Hub 1.6km
Mt Hawthorn Hub 1.7km
Mount Lawley High 2km
Edith Cowan University 02km
Perth CBD 4.9km
Disclaimer:The information provided in this advertisement is for general information purposes only and is based on information provided by the Seller and may be subject to change. School zones may also change. No warranty or representation is made by the agency as to the accuracy of the above information (including school zoning) and interested parties should make their own independent enquiries.
Listing description written by Nadija Begovich, The Perth Property Co — reproduced as published, not verified by Districts.