Back 11/551 William St
Off Market

11/551 William St

Mount Lawley WA 6050

2
1
1
Unit
Katie LawleyKatie Lawley, last sold this property on 20 November 2025 after 17 days on market.

Overview

UNDER OFFER - HOME OPEN CANCELLED

Welcome to 551 William Street, positioned on the ground floor of this small development in a perfect location. This would be ideal for a seasoned investor that knows the Mount Lawley market or a first timer looking to get on the investment ladder. ** REGISTERING TO VIEW THIS PROPERTY IS A MUST, NO ENTRY WITHOUT** What we love: * Two bedrooms and good size bathroom with laundry * Small development of just 15 apartments * Stones throw from Hyde Park * Ground floor unit * Great size bedrooms * Unallocated parking � Tenant in place on fixed term lease to April 2026 at $400 pw with rent review in place * Scope to add value Rates: Council - $1,707.81 p.a. Water - $1,072.64 p.a. Strata - $1,011.66 p/qtr.

Features

2 bedrooms
1 bathroom
1 carspace
1 carport space
Unit

Estimated Value

Based on this property and similar 2 bedroom units sold in Mount Lawley over the last 12 months, the estimated median property value of 11/551 William St is $589k.

Median value
$589k
Estimated value range
$385k - $800k
Median days on market
20
Estimated value trend
25%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Mount Lawley. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 11/551 William St

2025
Sold
Undisclosed
Private Sale/Treaty on 20 Nov 2025 by Katie Lawley, of LJ Hooker City Residential - Perth
2020
Rented
Undisclosed
Leased on 17 Apr 2020 by Cinch Management

Happy sellers in Mount Lawley

94%
94% of sellers in Mount Lawley reported that their sale price either exceeded or met their price expectations.

Mount Lawley stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 42 reviews in Mount Lawley over the last 12 months.

Local market activity for 2 bedroom units in Mount Lawley

In the last 12 months, 15 two-bedroom units similar to 11/551 William St, have been sold.

This represents a 22% increase in two-bedroom units sales when compared to the previous 12 months.

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