166 Lincoln Street, Highgate WA 6003
166 Lincoln Street, Highgate WA 6003
1898 Federation Arts and Crafts | double block | 5 bed 2 bath | heritage precinct | rare inner-city scale
Positioned on a rare double block in a tightly held heritage precinct, this 1898 Federation Arts and Crafts house is distinguished by its period detailing and a five-bedroom configuration uncommon among the street’s smaller cottages. A permanent streetscape quality is given by its heritage-protected setting. The house is best suited to owner-occupiers wanting a substantial period home, or investors seeking scarce inner-urban land scale. A competitive edge over neighbouring stock is provided by rarity in size and heritage status, particularly where neighbouring homes are single-storey cottages or units.
Value may be influenced by condition and retained detailing, particularly how sympathetically updates are executed. The double-block configuration might appeal for garden space or future flexibility, though heritage overlays could limit major change. Pricing may also be shaped by the five-bedroom layout relative to typical smaller homes in the street.
>> Comparable Sales: 74 Lincoln Street sold $1.38M | Property Price Band: $1.4M–$1.5M | Value Drivers: heritage condition, double-block land size, five-bedroom layout
Detailed Independent Property Report prepared by PropCred Analyst team for 166 Lincoln Street, Highgate WA 6003
Checks found:
Value Risk
✕
2
Liquidity Risk
✕
2
Planning Risk
✓
Income Risk
✕
2
Execution Risk
✕
2
Market Insight
Highgate WA 6003, near the Perth CBD with established transport links, draws professionals, young families and SCGH healthcare workers. House medians range $1.26m-$1.67m with ~21% annual growth; units run $536k-$653k, with growth ranging 2.9%-25.6%. Homes sell in 12-13 days, with just 14-24 house sales a year-supply is tight. Gross yields are 2.8-3.9% for houses and 5.4-6.3% for units, directing investors to units. Rents are $850-$895 weekly for houses, $650 for units. Solid state schools and lifestyle amenity underpin demand; affordability, heritage zoning and mortgage sensitivity to RBA hikes are key constraints.
PropCred Estimated Value
Bedrooms
5
Bathroom
2
Parking
4
Land
653m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
·
Reviewed by Matt Proctor, Principal Analyst