18 MILNE STREET BICTON WA 6157

HOUSE FOR SALE

$2,800,000

Estimated Valuation

18 MILNE STREET BICTON WA 6157 Property Photo
Bedrooms

4

Bathrooms

2

Car Space

2

Land Size

1,055 m²

Year Built

1950

Property Type

House

Added 8 hours ago
Listing Price

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Listed By
Yard Property - East Fremantle
This stunning mid-century riverside residence sits on a massive 1,055sqm block in Bicton, offering 4 bedrooms, 2 bathrooms, and vast indoor-outdoor living. The property boasts a saltwater pool, expansive gardens with fruit trees, and significant redevelopment potential thanks to its generous landholding and zoning.

Description

Set in one of Bicton's most tightly held riverside pockets, this wonderfully spacious mid-century home delivers the kind of combination that is becoming increasingly hard to find - a substantial 1,055sqm block, generous family accommodation, original character and an enviable riverside lifestyle.

Built in the 1950s with an oversized floorplan and thoughtfully extended in 2002, the home retains the charm and proportions of its era, with beautiful jarrah floors, high ceilings, timber-framed windows and a feature gas fireplace.

A leafy front garden welcomes you to the home, with a magnificent bottlebrush tree taking centre stage. French doors open from the inviting front living room to the charming porch, creating a lovely spot to sit and enjoy the morning sunshine. Inside, the kitchen, living and dining areas are light-filled and airy, with the kitchen and dining flowing effortlessly to the north-facing rear garden and creating a wonderful connection between indoors and out.

Accommodation is exceptionally generous, with four large bedrooms and two bathrooms, while upstairs provides an additional living space that could easily become a home office, teenager's retreat, guest space or even a fifth bedroom.

Step outside and discover a huge backyard made for family life - plenty of space for kids to run, play and explore, with a sparkling saltwater pool at the heart of it all. The decked alfresco area is perfect for relaxed entertaining and summer afternoons by the pool, while established leafy trees create a wonderfully private, green backdrop.

For the keen gardener, there is plenty to love too, with raised vegetable beds, a potting shed, composting area plus an abundance of established fruit trees including orange, lemon, lime, mandarin and fig.

There is room for everything here, with an oversized double garage offering direct internal access, plus a second crossover with additional parking for a boat, trailer or caravan. Tradies, DIYers and hobbyists will love the abundance of workshop and storage options, with multiple sheds and generous work areas providing plenty of room for tools, equipment, bikes, boards, gardening gear and weekend projects. Whether you need a dedicated space to work, somewhere to tinker and create, or simply plenty of room to store everything that comes with family life, this is the kind of practicality that's becoming increasingly hard to find. Adding further appeal are the home's 10.5kW solar panels and 20kW battery storage.

And then there is the location…

The river glistens at the end of the street, with Point Walter parkland just across the way and an incredible network of walking and cycling trails nearby. Wander down to the river, ride to Bicton Baths, explore Quarantine Park or follow the native bushland and Blackwall Reach cliffs towards Point Walter.

This is riverside Bicton at its best - peaceful, leafy and surrounded by some of Perth's most beautiful natural spaces, while still being close to schools, cafés, shops, restaurants and everyday amenities.

With its R17.5 zoning and impressive 28.16m frontage, the 1,055sqm landholding also provides an exciting opportunity for the future. Move straight in and enjoy the home as it is, make your own updates over time and create something truly special down the track.

This is a home with space, character, flexibility and an extraordinary lifestyle - the kind of place where family memories are made.

Property Style & Condition

Overall
mid century modern
good
Condition
Exterior
mid century modern
good
Condition
Livingroom
modern
excellent
Condition
Bedrooms
modern
excellent
Condition
Kitchen
contemporary
good
Condition
Bathroom
standard
fair
Condition
Yard
landscaped
excellent
Condition

Key Features

Huge 1,056sqm riverside block
R17.5 zoning
28.16m frontage
Classic 1950s mid-century home with 2002 extension
Original jarrah floors, high ceilings, timber windows & fireplace
4 large bedrooms
2 bathrooms
Upstairs second living area / home office / fifth bedroom / teenage retreat
Ducted R/C zoned air conditioning, split system upstairs
Ducted vacuum
North-facing rear garden, decked alfresco entertaining
Saltwater swimming pool
Established gardens with multiple citrus trees
3 raised vegetable garden beds
Potting shed, compost area, garden sheds & workshop spaces
Oversized double garage with internal access
Second crossover with additional parking for boat, trailer or caravan
10.5kW solar panels + 20kW battery
Ducted reverse-cycle air-conditioning
Reticulated gardens
Walk or cycle to the river, Bicton Baths, Quarantine Park & Point Walter
Close to schools, cafés, shops, restaurants, parks and golf course
Bicton Primary & Melville Senior High School catchments

Specifications

Property Details
Property Type House
Stories 2
Parking Type attached garage, driveway
Construction brick
Windows timber windows
Gas natural gas
Internet nbn
Location & Setting
Setting suburban
Lot Position waterfront lot
Views river, park
Waterfront riverfront
Nearby Amenities
Near parks
Near trails
Near primary school
Near high school
Near restaurants
Near shopping
Rental Information
long term rental only

Exterior

pool
deck
timber deck
alfresco
mature landscaping
garden
shed
workshop
double carport
water tank
solar panels
battery storage

Indoor

open floor plan
vaulted ceilings
fireplace
hardwood floors
walk in closet
home office
ceiling fan
french doors
sliding glass doors
built in shelving
central
split system
central ac
single story
Listed on 18 Sep 2026

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    Property     BICTON     LGA

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State Average (Violent) 1 in 84

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1 The Property

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2 Your Situation

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3 Costs & Assumptions

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NSW 2026: nil up to $1,075,000 combined land value, then $100 + 1.6% of the excess, rising to $88,036 + 2% premium rate above $6,571,000. Computed land tax replaces the figure in section 3.
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Calculating…Verdict ?
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rent cash flow + capital gain − all costs & tax
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What this shows
Property value (grey bars, left axis) is the projected market value each year using your capital-growth assumption. The capital profit if sold line (coral, left axis) is the money you'd actually walk away with that year after repaying the loan, paying selling costs, paying CGT, and getting back the cash you put in. The rent collected line (teal, right axis) is gross annual rent received, grown at your rent-growth assumption.
What this shows
Three views of how the position evolves year by year. Property value (dashed) shows the asset growing at your capital-growth rate. Equity (coral) is value minus loan balance — how much of the property you actually own. Cumulative cash flow (teal) is the running total of all after-tax rent (positive) or top-ups (negative) you've put in since day one.
What this shows
The yearly cash position after every cost and tax effect. Green bars = positive years (the property paid you). Red bars = years you had to top it up from your pocket. This is the most honest picture of what holding the property feels like on a year-to-year basis.
What this shows
Where every dollar of the projected sale price goes. Net to you is what lands in your bank account; the rest is consumed by loan payout, selling costs and capital gains tax. The CGT slice depends on which regime applies (50% discount, indexation + 30% min tax, or a split of the two).

What this shows
How fragile your outcome is to the capital-growth assumption — the single biggest swing factor in any property forecast. Each point on the line re-runs the entire model at a different growth rate. Where the line crosses the dashed zero, that's roughly the growth rate needed just to break even over your hold period.

What this shows
The same upfront cash invested four different ways, held the same number of years. The property includes all rent, costs, tax and the final sale (after CGT and loan payout). The ASX 200 ETF compounds at its assumed total return; the gold line compounds at gold's long-run average; the inflation line is what you need to just preserve your purchasing power. Any year the property bleeds cash, that shortfall is invested in the comparison asset too (so they get the same total dollars over the life of the deal). Gains on the comparison assets are taxed under the same 2026-Budget CGT regime that applies to shares and ETFs — the transitional split (50% discount on the pre-1 Jul 2027 portion, then cost-base indexation + 30% minimum tax on the post-1 Jul 2027 portion), since non-property assets are never grandfathered.
What this shows
The full year-by-year ledger. Cash flow is pre-tax (rent minus all cash costs); tax effect is the value of any deduction or the tax bill on net profit; after-tax is the actual dollars in or out of your account that year. Cumulative is the running total.

About this model

Reflects the 2026 Federal Budget proposals (announced 12 May 2026): from 1 July 2027, negative gearing on established residential property bought after 7:30pm 12 May 2026 can only offset rental income / residential property gains (excess losses carry forward), and the 50% CGT discount is replaced by cost-base indexation plus a 30% minimum tax on the real gain accruing after 1 July 2027. The CGT change applies to all CGT assets (shares, ETFs, gold, crypto), not just property, so the comparison assets are taxed on the same basis. New builds retain full negative gearing and the choice of the 50% discount. Properties contracted on/before 12 May 2026 are grandfathered. The main residence, superannuation funds and widely-held trusts are exempt. These are proposed rules that may change in legislation. Resident tax rates 2025–26 are used (incl. 2% Medicare levy). This is general information, not financial, tax or legal advice — consult a licensed adviser before acting.
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The True Cost of Buying this Property

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Purchase Price
$850,000
AUD
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Property State
Your Situation
Total Additional Costs
On top of the $850,000 purchase price in NSW
Extra Costs
$52,000
All-In Cost
$902,000
% of Price
6.1%
How these figures are calculated

Stamp Duty (Transfer Duty): Calculated using each state's 2024–25 residential transfer duty brackets for owner-occupiers. First home buyer concessions and investor surcharges are applied where selected.

Lenders Mortgage Insurance (LMI): Estimated at approximately 1.5–2.5% of the loan amount, assuming an 85% LVR. Actual LMI depends on your lender, LVR and loan size.

Conveyancing / Legal Fees: Typical range of $1,500–$3,000 covering contract review, searches and settlement. We use a mid-range estimate.

Building & Pest Inspection: Typically $400–$800 combined for a standard residential property.

Loan Application & Mortgage Registration: Includes bank application fees ($300–$600), mortgage registration (state-based, usually $150–$230) and transfer registration fees.

Council & Water Rate Adjustments: Estimated at around 0.1% of the purchase price — the buyer typically reimburses the seller for pre-paid rates.

These estimates are indicative only. Always confirm exact figures with your conveyancer, broker and the relevant state revenue office before committing to a purchase.

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