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Riverside Lifestyle with Park Views!
The Location
Enjoy the best of both worlds — riverside serenity and city convenience. Resting right on the edge of Warndoolier Park (formerly Banks Reserve) and only 100 metres from the Swan River, this two-level home offers a holiday-style location with a versatile floorplan to suit a variety of needs.
A short walk takes you to St John of God Hospital, while both Mt Lawley and East Perth train stations are nearby for an effortless commute. The CBD is just 2.5 km away, and you can follow the scenic riverside path all the way to Burswood and Optus Stadium for a morning run or an evening out.
The Lifestyle
Built in 1990, this home exudes warmth and practicality, with generous proportions and light-filled interiors that invite relaxation. Enjoy park views and some river glimpses from the family room balcony and spend afternoons with friends in the entertaining courtyard framed by leafy surrounds.
The flexible floor plan allows you to enjoy the property as a spacious single residence or separate it into two self-contained homes with separate entrances, perfect for multi-generational living, guest accommodation, or a premium rental investment.
For professionals, downsizers, and city dwellers seeking extra space without losing that “lock-up-and-leave” freedom, this is the ideal address.
The Investment Opportunity
With an estimated potential rental return of $60,000–$70,000 gross rent per year, this is a property that not only delivers lifestyle, but also strong financial appeal. Otherwise, this could be offered as a 3x2x2 as a single residence by simply turning the downstairs living room into a bedroom.
Key Features
Built 1990
Flexible floorplan – configure as a single home or two independent residences.
3 bedrooms | 2 bathrooms | 2 car garage
Downstairs: private courtyard, kitchenette, bathroom/laundry, separate toilet, large bedroom, open-plan living/dining, (living can be converted to a 3rd bedroom).
Upstairs: chef’s kitchen (includes washer/dryer), open living/dining, bathroom, large bedroom, and entertaining balcony with park views.
Investment ready – excellent dual-rental potential ($60k to $70k gross p.a. estimated).
Extra inclusions – double garage with storeroom, reverse-cycle air conditioning, gas cooking, and a mix of wood, carpet, and tiled flooring.
Prime position – overlooking Warndoolier Park/Banks Reserve and the Swan River.
School zones: Mt Lawley Senior High School and Highgate Primary.
Only 2.5 km to the CBD, between Mt Lawley and East Perth train stations, and a pleasant riverside walk to Burswood and Optus Stadium.
169sqm internal – 29sqm garage – 123sqm courtyards combined – 15sqm balcony – 260sqm land approx
Property features
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Garages
2
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Floor area
363m2
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Patio
Property snapshot by reiwa.com
This property at 100A Joel Terrace, Mount Lawley is a three bedroom, two bathroom house sold by Daniel Porcaro at Mark Hay Realty Group on 12 Nov 2025.
Looking to buy a similar property in the area? View other three bedroom properties for sale in Mount Lawley or see other recently sold properties in Mount Lawley.
Cost breakdown
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Council rates: $2,774 / year
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Water rates: $1,510 / year
Nearby schools
Mount Lawley overview
Beautifully renovated homes populate the charming suburb of Mount Lawley. Leafy backdrops and picturesque landscapes offer a unique ambience, while a fast-paced, exciting main strip leaves no question as to whether Mount Lawley is an energetic urban locale. The suburb is situated five kilometres north of the Perth CBD.
Life in Mount Lawley
With Beaufort Street a fixture of the suburb, there is plenty to do in Mount Lawley. A must-see destination for locals and visitors alike, the vibrant street is loved for its surplus of restaurants, pubs, wine bars, shops and cafes. Highlights include The Flying Scotsman and Queens Tavern, which never fail to draw a crowd, and the Astor Theatre, which hosts a number of must-see acts that come through Perth. Other features include the Mount Lawley Golf Club, Mount Lawley Senior High School and Edith Cowan University.
Mount Lawley quick stats
High end
$2.3m
Median
$1.8m
Low end
$1.5m
15.0 %
Annual growth
$1.8m
Annual median sales price
$900pw
Annual median rental price
