33 Douglas Avenue, South Perth WA 6151

33 Douglas Avenue, South Perth WA 6151
1930-built 4-bed character home | 1225 m² freehold site | South Perth Primary catchment | Land-to-house ratio uncommon | Scope for modernisation The principal strength is found in the exceptionally large 1225 m² lot, a size rarely seen on South Perth residential sites. The 1930-built four-bedroom, two-bathroom house is positioned within the South Perth Primary School intake area. The land-to-house ratio is regarded as the defining feature, giving families, character-home buyers, and renovators room to modernise or extend while the land parcel holds the enduring value. Daily amenity is kept close by the Douglas Avenue location, and the generous allotment is distinguished from the smaller villa and townhouse product dominating much of the locale. The final price may be influenced by the 1930 fabric’s condition, with renovation costs varying until inspection. Bathroom count is reported differently across portals, and floor area is quoted at 123 m² or 140 m², so measurement is advised. The large landholding might be weighed for development potential, though zoning and the retained dwelling are expected to guide that assessment.
Detailed Independent Property Report prepared  by PropCred Analyst team for 33 Douglas Avenue, South Perth WA 6151
Checks found:
Value Risk ! 1
Liquidity Risk ✓
Planning Risk ! 1
Income Risk ! 1
Execution Risk ✕ 2
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Market Insight

South Perth’s river-front lifestyle and CBD access keep it a premium choice, with a median house price of $2.165m after 20.3% annual growth and units at $870,000 (up 27.9%). Demand is led by downsizers, interstate and international migrants, and buyers priced out of other capitals, strongest in the $1m–$2m-plus range. The market is tight: Greater Perth listings sit 42% below the five-year average, and houses trade in about 10 days. Rental yields are 2.4% for houses and 4.2% for units, with vacancy at 3.6%. Growth drivers include rate cuts, rapid migration, and chronic undersupply. Key constraints are eroding affordability, stretched first-home buyer deposits, high building costs, and sparse stock below $1m.
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PropCred Estimated Value

Comparable Sales: 130 Douglas Avenue transacted June 2024; 33 Douglas Avenue sold at $1.37M in 2025 | Property Price Band: $1.9M–$2.0M | Value Drivers: very large land, 1930 character dwelling, school catchment

Bedrooms

4

Bathroom

2

Parking

2

Land

1225m²

Research & Review Prepared by Steve Dalton, Senior Analyst · Reviewed by Matt Proctor, Principal Analyst
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