Back 33 Karoo St
Off Market

33 Karoo St

South Perth WA 6151

4
2
2
0 m²
809 m²
House
Last sold for $3,070,000
PK Pankaj KapurPK Pankaj Kapur, last sold this property on 30 January 2026 after 102 days on market.

Overview

Corner Development Opportunity in an Exceptional South Perth Location

An outstanding opportunity for investors and developers to secure a premium property in one of Perth’s most desirable suburbs. Positioned on a generous 809sqm corner block zoned R25, this site offers potential for two street-front homes (subject to council approval). The existing 4x2x2 home is well-presented, featuring a swimming pool and a secure double garage, offering comfortable family living or an ideal investment while you plan your next project. Currently leased at $1,300 per week (increasing to $1,365 in November) with a fixed lease until 30 November 2026, the property provides excellent holding income in an exceptional location. Key Features: • 809sqm corner block zoned R25 • Subdivision potential – two street-front lots (STCA) • Solid 4x2x2 home with pool and double garage • Currently tenanted at $1,300 pw (rising to $1,365 pw in Nov 2025) • Lease expiry: 30 Nov 2026 – ideal holding income • Council Rates: Approx. $3,830 p.a. • Water Rates: Approx. $1,830 p.a. Location Highlights: • Approx. 4 km to Perth CBD • Close to Swan River foreshore, Perth Zoo and Mends Street caf&aecute;s • Easy access to Kwinana Freeway and public transport • Within top school catchment areas • Wesley College – 1 km • South Perth Primary – 1.2 km • Penrhos College – 3.5 km • Surrounded by local parks, caf&aecute;s, golf course and lifestyle amenities Whether you’re looking to land-bank, develop, or secure a prime South Perth address with strong rental returns and long-term capital growth, this is an opportunity not to be missed. For more information call me now on 0424 194 509. DISCLAIMER: The information contained herein has been supplied to us and we have no reason to doubt its accuracy, however we cannot guarantee it. Accordingly, all interested parties should make their own enquires to verify the information.

Features

4 bedrooms
2 bathrooms
2 carspaces
2 garage spaces
0 m² floor area
809 m² lot size
House

Estimated Value

Based on this property and similar 4 bedroom houses sold in South Perth over the last 12 months, the estimated median property value of 33 Karoo St is $2.63m.

Median value
$2.63m
Estimated value range
$1.5m - $4.25m
Median days on market
26
Estimated value trend
28%
increase over the last 12 months
Average days on market is based on recent, comparable sales in South 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 33 Karoo St

2026
Sold
$3,070,000
Private Sale/Treaty on 30 Jan 2026 by PK Pankaj Kapur, of LJ HOOKER HARRISDALE
2026
Sold
Undisclosed
30 Jan 2026 by PK Pankaj Kapur, of LJ HOOKER HARRISDALE
2024
Rented
Undisclosed
Leased on 13 Apr 2024 by Ian Hutchison Real Estate

Happy sellers in South Perth

89%
89% of sellers in South Perth reported that their sale price either exceeded or met their price expectations.

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

This is based on voluntary sentiment collected from 52 reviews in South Perth over the last 12 months.

Local market activity for 4 bedroom houses in South Perth

In the last 12 months, 40 four-bedroom houses similar to 33 Karoo St, have been sold.

This represents a 11% increase in four-bedroom houses sales when compared to the previous 12 months.

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