Back 198 Railway Parade
Off Market

198 Railway Parade

Bayswater WA 6053

3
1
2
683 m²
House
Last sold for $1,325,000
Shaun PrattShaun Pratt, last sold this property on 27 January 2026 after 6 days on market.

Overview

SOLD WITH SHAUN PRATT

Character, connection and future potential. A timeless circa 1950s brick home set on an exceptional 683sqm landholding, elevated from the street and enjoying surprising city skyline outlooks. Warm, welcoming and rich in character, this solid home delivers immediate lifestyle appeal with generous space, beautiful original features and outstanding functionality - all wrapped up in a prime, transit-connected location moments from Meltham Train Station. With RAC-3 zoning offering mixed-use and high-density potential (subject to relevant approvals), this is a property that rewards today while positioning you superbly for the future. THE HOME 3 bedroom 1 bathroom Kitchen and meals area Main living area Sunrooms Under house storage with beautiful Fremantle Limestone foundations Laundry 2 wc FEATURES Beautiful circa 1950s brick character home full of warmth and charm Elevated position with unexpected outlooks towards the City skyline High ceilings throughout with timber floorboards and classic character details Three generous bedrooms positioned at the front of the home Front bedroom featuring a fireplace, ideal as a secondary lounge if desired Third bedroom with direct access to the main bathroom Solid timber kitchen cabinetry and benchtops showcasing exceptional craftsmanship Kitchen and meals area flowing into the main living zone Two wcs and a separate laundry for everyday convenience Light-filled living areas with a strong indoor / outdoor connection OUTSIDE FEATURES Expansive 683 sqm block in a prime central location Sunrooms flowing from the living area - perfect for year-round entertaining Large grassed backyard ideal for kids and pets Bore-reticulated lawn Secure double garage plus additional off-street parking at the front Excellent landholding offering long-term flexibility and value ZONING & FUTURE POTENTIAL Zoned RAC-3 (high density) Potential for mixed-use development (subject to relevant approvals) Zoning may allow development up to six storeys Exceptional opportunity in a tightly held, high-growth location Further information can be found here and by contacting the City of Bayswater: https://www.bayswater.wa.gov.au/development/strategic-planning-projects/meltham-station-precinct-structure-plan LOCATION Positioned right by Meltham Train Station, this home offers unbeatable connectivity while retaining a surprisingly peaceful, elevated outlook. Enjoy easy access to surrounding cafes, shops and amenities, with the Perth CBD just minutes away. A rare blend of character, convenience and future-focused potential in one of the area’s most strategic locations. TITLE DETAILS Lot 151 on Plan 240 Volume 1757 Folio 752 LAND AREA 683 sq. metres ESTIMATED RENTAL RETURN $780 per week OUTGOINGS City of Bayswater: $1,912.46 / annum 25/26 Water Corporation: $1,179.16 / annum 25/26 Disclaimer: Whilst every care has been taken in the preparation of the marketing for this property, accuracy cannot be guaranteed. Prospective buyers should make their own enquiries to satisfy themselves on all pertinent matters. Details herein do not constitute any representation by the Seller or the Seller’s Agent and are expressly excluded from any contract.

Features

3 bedrooms
1 bathroom
2 carspaces
2 garage spaces
683 m² lot size
House

Estimated Value

Based on this property and similar 3 bedroom houses sold in Bayswater over the last 12 months, the estimated median property value of 198 Railway Parade is $1.12m.

Median value
$1.12m
Estimated value range
$685k - $1.68m
Median days on market
16
Estimated value trend
27%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Bayswater. 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 198 Railway Parade

2026
Sold
$1,325,000
Private Sale/Treaty on 27 Jan 2026 by Shaun Pratt, of Haiven Property Central
2016
Sold
$641,000
Private Sale/Treaty on 11 Jul 2016 by Matt Seabrook, of Ray White Inner North

Happy sellers in Bayswater

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

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

This is based on voluntary sentiment collected from 71 reviews in Bayswater over the last 12 months.

Local market activity for 3 bedroom houses in Bayswater

In the last 12 months, 115 three-bedroom houses similar to 198 Railway Parade, have been sold.

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

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