Back 178 Lake Street
Off Market

178 Lake Street

Perth WA 6000

3
2
357 m²
204 m²
House
Last sold for $1,613,888
Daniel PorcaroDaniel Porcaro, last sold this property on 15 October 2025 after 6 days on market.

Overview

History in the Making!

This is your chance to own a piece of history with the rare opportunity to become the proud new owner of this classic heritage-listed Bakers Terrace home. The striking façade, framed with a classic wrought-iron front fence and matching intricate lacework lining the upper balcony level, helps transport you to back to 1897 when these Iconic homes were built and became the talk of the local community! This delightful home sits pride of place among the row of historic terraced homes, beckoning for a new owner to let their creative juices flow and create a wonderful fusion of traditional features with contemporary comfort. The eye-catching courtyard entry is the perfect combination of a federation tiled porch which frames the central garden and the ideal place to sit with a morning coffee and watch the world go by. Upon entering, you are welcomed by the 19th century features including the eye-catching jarrah staircase with turn-post railings that winds its way up the upper level of the home, 12 foot ceilings, decorative cornicing, picture rails, ceiling roses, moulded architraves, high skirtings and original feature fireplaces – all the essential ingredients that will become the cornerstone of this reinvigorated grand old lady of the past. Immediately on your left sits the huge family room with new carpet and views to the front courtyard and featuring the decorative fireplace framed by the carved period mantle-piece. The new carpet continues through the impressive open archway which divides the family room and the spacious formal dining area with its own feature fireplace and this leads through to a tidy terracotta-tiled kitchen at the rear and the adjoining rear sitting room/lounge, flooded with natural light through the large colonial windows and doors that overlook the rustic back patio and courtyard area. Completing the ground level is a basic second bathroom and separate toilet with handy under-stair storage space The imposing central staircase and the two minor double bedrooms at the upper level are also showcased with new carpet, with both of these bedrooms offering views to the surrounding streetscape and some city glimpses. With the precedent set by other homes in this Bakers Terrace group, seeking council approval to create a rear entertaining balcony would provide an amazing setting for numerous evenings with family and friends enjoying stunning views of the evening city lights. Again, by seeking council approval, a possible third attic level may also be allowed under the roof-space, as already exists in some of the adjoining homes. This could be an ideal extra family room or extra bedroom with gabled windows and lends itself to the possibility of seeking further approval to create a top level rear entertaining balcony, which will make an enormous difference to the quality of the city views and would become a natural extension of the living space. The massive main bedroom rests at the first level exposing the original Baltic pine antique floorboards, decorative fireplace and double doorway through to the first level balcony overlooking the attractive streetscape with an array of period homes including the monumental Ensanada Coronada building, built originally for visiting Spanish Royalty Cleverly positioned on the first level is a quaint bathroom with both bath and shower and the opportunity to reinvigorate this to become a charming addition to service all three bedrooms Adding to the appeal of the home is the rustic rear courtyard which offers you the choice to create rear on-site parking through your own iconic rear laneway. This council-protected laneway is a segregated part of the total land holding belonging to 178 Lake St, and is popularized by the extensive graffiti art, with a permanent easement in place, allowing access to all users. A pleasing bonus is knowing that a council allowance of 3 free car parking street permits is available for a new owner, which can be transferred on a continual basis by yourself amongst family and friends as you please Situated only minutes to Perth's CBD, this unique abode is in one of Perth's most sought after and highly desirable character precincts. Lake Street leads into the vibrant Northbridge café and shopping district. Going the opposite direction leads you to the ever-popular Hyde Park, popular bakeries, a further walk to the Mount Lawley café district, Robertson Park Tennis Club, WA Italian Club and an array of popular cafes and restaurants. For those looking for something different with the desire to add their own personal touches to make this home their own, this substantial classic residence offers a unique living situation with a lock-up and leave life-style, amongst the charm of a bygone era. With the home perfectly positioned in the midst of one of Perth's most popular precincts, be quick to secure this rare gem as the Bakers Terrace homes rarely last more than a day! The home is offered for sale with “Expressions of Interest” and is being sold in an “as-is” basis. Previously, this was home to John Robin Warren, a Nobel Prize–winning Australian pathologist whose groundbreaking research with his colleague Barry J. Marshall, proved that Helicobacter pylori bacteria cause most stomach ulcers, transforming global treatment for millions. His discovery was recognised with the Nobel Prize in Physiology or Medicine in 2005, and remains one of the most significant medical breakthroughs of the modern era. Details: - 2 level heritage listed home built in 1897 - 3 beds, 2 bathrooms, - Courtyard entry with wrought iron fencing and decorative lacework - Character features throughout - A flooring mix of new carpets, terracotta tiling and Baltic Pine flooring - High ceilings, decorative cornicing, ceiling roses and feature fireplaces - Large family room and formal dining - Tidy kitchen with gas cooking overlooking rear lounge and courtyard garden - Downstairs bathroom and separate toilet - Possible third level options with either family, activity or bedroom use - Partial city views from the top level - Entertaining rustic rear courtyard with back lane access - 3 free street parking permits Contact Daniel Porcaro on 0437 281 938 or daniel@markhay.com.au for further information.

Features

3 bedrooms
2 bathrooms
357 m² floor area
204 m² lot size
House

Estimated Value

Based on this property and similar 3 bedroom houses sold in Perth over the last 12 months, the estimated median property value of 178 Lake Street is $1.42m.

Median value
$1.42m
Estimated value range
$839k - $2m
Median days on market
19
Estimated value trend
10%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Perth. 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 178 Lake Street

2025
Sold
$1,613,888
Private Sale/Treaty on 15 Oct 2025 by Daniel Porcaro, of Mark Hay Realty Group

Happy sellers in Perth

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92% of sellers in Perth reported that their sale price either exceeded or met their price expectations.

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

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Local market activity for 3 bedroom houses in Perth

In the last 12 months, 21 three-bedroom houses similar to 178 Lake Street, have been sold.

This represents a 23% decrease in three-bedroom houses sales when compared to the previous 12 months.

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