Back 42 Joel Terrace
Off Market

42 Joel Terrace

East Perth WA 6004

3
3
1
384 m²
458 m²
House
Last sold for $1,650,000
Daniel PorcaroDaniel Porcaro, last sold this property on 17 December 2025 after 13 days on market.

Overview

Classic Character – Renovator’s Delight!

Hidden behind the front wall rests a cute front courtyard that embraces this green-titled character charmer with the ability to be transformed into a truly spectacular abode. This diamond in the rough boasts a traditional bay window design with adjoining front verandah, high ceilings, jarrah floorboards, decorative ceiling roses and cornicing, feature fireplaces and bespoke wooden doors. At entry level, this split-level home features 2 bedrooms with ensuite bathrooms, a formal lounge or 4th bedroom, cosy country kitchen, dining area, storeroom, single garage with shoppers entry and a large family room which opens out to a wrap-around entertaining balcony with some river views. Downstairs is another combined living/meals area with a separate kitchen, 3rd bedroom with ensuite bathroom, wine cellar, sunroom and storage rooms. This leads out to the rear courtyard garden with garden beds and some under-home storage areas. All the key elements are there for an astute buyer to work with to create a unique home on this 458sqm land holding in this sought-after Joel Terrace location, only a minute's walk to the river and the iconic Warndoolier Park (formerly Bank Reserve) Walk out from your backyard and jog, run, walk or bike-ride along the river toward the city, or loop around the Burswood Peninsula or hop into your kayak to Claisebrook Cove or further to the South Perth foreshore. In the evenings walk into the Mt Lawley Beaufort St café strip or wander over to the Burswood Casino and take your pick from the multitude of eateries and bars. Being only 4km from the CBD, the location is hard to beat and within a few minutes' walk to the East Perth and Mt Lawley train stations. A short walk along the river rests the old East Perth Power Station, which played a big part in this year's Fringe Festival and is primed for a major cultural and entertainment development in the coming years. For those for whom quality schooling is a priority, the property is circled by the highly regarded, Perth College, Trinity and Mercedes as well as being in the intake zone for Mt Lawley High School and Highgate Primary. Simply living on Joel Terrace means you will also benefit from the great capital growth that this prized “street address” provides, as it sits pride of place amongst the number of large character and contemporary homes already adorning this street, regarded as the “jewel in the crown” of the entire Precinct. Key features: Renovators delight with split level rear offering some river views 1926-built green-titled character classic Block size 458sqm – Approx 17m wide and 27m long 3 bedrooms with 3 ensuites Optional 4th bedroom or formal feature lounge Ornate features throughout upper level Large entertaining rear deck Potential building height 3 storey limit – subject to council approval 4km from the CBD Walk to Mt Lawley and East Perth train stations Intake zone for Mt Lawley High School Sold in an “as is” condition Call me now to secure this opportunity to let your creative juices flow and put your stamp on this true riverside precinct classic

Features

3 bedrooms
3 bathrooms
1 carspace
1 carport space
384 m² floor area
458 m² lot size
House

Estimated Value

Based on this property and similar 3 bedroom houses sold in East Perth over the last 12 months, the estimated median property value of 42 Joel Terrace is $1.63m.

Median value
$1.63m
Estimated value range
$650k - $3.1m
Median days on market
25
Estimated value trend
1%
increase over the last 12 months
Average days on market is based on recent, comparable sales in East 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 42 Joel Terrace

2025
Sold
$1,650,000
Private Sale/Treaty on 17 Dec 2025 by Daniel Porcaro, of Mark Hay Realty Group

Happy sellers in East Perth

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

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

This is based on voluntary sentiment collected from 81 reviews in East Perth over the last 12 months.

Local market activity for 3 bedroom houses in East Perth

In the last 12 months, 15 three-bedroom houses similar to 42 Joel Terrace, have been sold.

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

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