Back 242 Lake Street
Off Market

242 Lake Street

Perth WA 6000

2
1
1
205 m²
House
Last sold for $1,400,000
Mark RaynerMark Rayner, last sold this property on 27 October 2025 after 206 days on market.

Overview

HatBox House

A versatile former corner store (Lake St & Bulwer St) with R50 zoning. Flexible layout offers multiple options; a house, a combined residence/workplace or commercial use. *subject to complying with council. Currently approved as a successful short term stay accommodation business. ROW access to secure off street parking in addition to direct access from Lake Steet. Recently installed solar panels, heat pump and ducted reverse cycle air-conditioning. Literally a minutes walk from Hyde Park and a host of cafes to choose from. Land Area 205 sqm.

Features

2 bedrooms
1 bathroom
1 carspace
205 m² lot size
House

Estimated Value

Based on this property and similar 2 bedroom houses sold in Perth over the last 12 months, the estimated median property value of 242 Lake Street is $1.13m.

Median value
$1.13m
Estimated value range
$610k - $1.4m
Median days on market
30
Estimated value trend
13%
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 242 Lake Street

2025
Sold
$1,400,000
Private Sale/Treaty on 27 Oct 2025 by Mark Rayner, of Rayner (WA) Pty Ltd
2023
Sold
$1,100,000
Private Sale/Treaty on 30 May 2023 by Mark Rayner, of Rayner (WA) Pty Ltd

Happy sellers in Perth

92%
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.

This is based on voluntary sentiment collected from 116 reviews in Perth over the last 12 months.

Local market activity for 2 bedroom houses in Perth

In the last 12 months, 20 two-bedroom houses similar to 242 Lake Street, have been sold.

This represents a 16% increase in two-bedroom houses sales when compared to the previous 12 months.

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