55 Lawler Street, Subiaco WA 6008

Heritage character in Subiaco | Premium street position | 5-bedroom family scale | Pool and 577sqm land | Strong school catchment advantage This property presents a rare buying opportunity in Subiaco for its combination of heritage character, substantial floorplan, and land size on a premier street. The 5-bedroom, 3-bathroom configuration with a pool serves the family market that drives Subiaco’s 18% annual price growth and 11-day median selling time. Its location within walking distance to Subiaco Primary School and Bob Hawke College, plus proximity to King Edward Memorial Hospital and the train station, ensures sustained demand from professional households. The 306sqm building footprint on 577sqm land provides rare internal and external space for an inner-city property, which supports both immediate family living and future value retention. The heritage overlay is the primary constraint, limiting external alterations and redevelopment potential, which reduces exit options for developers but protects the property’s character premium for owner-occupiers. The inconsistent bedroom and bathroom counts across data sources warrant verification during inspection to confirm the actual configuration. At an estimated rental yield of 2.08%, this property is not positioned for cash-flow-focused investors but suits buyers prioritising long-term capital growth in a tightly held suburb. The 1920 build age may require ongoing maintenance investment, though the property’s premium positioning and strong local market fundamentals mitigate downside risk.