10/18 Mathoura Street, Midland WA 6056
10/18 Mathoura Street, Midland WA 6056
Heritage house on 1,052 m² | Built 1915, single dwelling | One bedroom, one bath | Heritage overlay applies | Large-site rarity in Midland
This is a genuinely uncommon offering for Midland. A 1915 single-dwelling house on a full 1,052 m² parcel is a different proposition entirely from the compact units and townhouses that dominate the local market. The land alone carries the weight here, and the heritage overlay, while a constraint, also protects the character that makes this property distinctive. It serves best a buyer who values period charm, space, and the potential to slowly shape a property over time, rather than someone seeking a move-in-ready modern finish. The location within the Governor Stirling Senior High intake adds practical appeal for families, and the established streetscape with rail and shopping nearby strengthens its everyday livability.
The heritage overlay may limit how much external change is possible, which could affect redevelopment ambitions. The single-bedroom configuration might also narrow the buyer pool, particularly for owner-occupiers needing more space. Rental demand in the area appears solid, but the property’s older layout and finishes might require investment to reach its full income potential. Value will likely hinge on how the land is perceived, whether for extended family use, a long-term hold, or a careful restoration. Buyers should weigh the cost of any upgrades against the intrinsic worth of the large site.
|| Comparable Sales: 4/18 Mathoura Street sold for $445k, 1/18 Mathoura Street sold for $410k | Property Price Band: $700k–$800k | Value Drivers: land size, heritage character, single-level period layout
Detailed Independent Property Report prepared by PropCred Analyst team for 10/18 Mathoura Street, Midland WA 6056
Checks found:
Value Risk
1
Liquidity Risk
1
Planning Risk
1
Income Risk
2
Execution Risk
2
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Market Insight
Midland is a mixed-use suburb where industrial, commercial and residential zones sit alongside a State Government urban renewal area that has been adding new dwellings since 2000. The predominantly 20-29 age cohort and a 6.08% population rise since 2016 point to young buyers and renters driving demand, supported by strong investment fundamentals: houses return a 5.02% gross yield and units 6.35%, with median weekly rents of $600 and $590 respectively. House prices have grown sharply, with a median of $624,000 and 21.17% annual capital growth, while units sit at $535,000 after rising 24.4% in the same period. Houses clear in around 12 days, reflecting tight stock levels. The renewal project remains the key forward driver, having already reshaped the suburb’s composition; however, rapid price appreciation and the absence of vacancy or supply data leave the sustainability of this momentum unquantified.
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PropCred Estimated Value
Comparable Sales: 4/18 Mathoura Street sold for $445k, 1/18 Mathoura Street sold for $410k | Property Price Band: $700k–$800k | Value Drivers: land size, heritage character, single-level period layout
Bedrooms
3
Bathroom
2
Parking
-
Land
1052m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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