FOR SALE
Offers Over $455,000

315/29 Melville Parade
South Perth WA 6151

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 84m2
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UNDER OFFER!!! UNDER OFFER!!! UNDER OFFER!!!

Golden Investment Opportunity
Nestled in a well-maintained complex, this charming top-floor, 2-bedroom unit offers breath-taking River views and an unbeatable lifestyle.
Step into a spacious living area that flows seamlessly into a separate dining space and a well-maintained kitchen, perfect for effortless entertaining. The highlight is the private balcony, where you can unwind and take in stunning River Views. Both bedrooms feature built-in robes, while split-system air-conditioning ensures year-round comfort.
Sold fully furnished and equipped with a fixed term lease in place, offering a hassle-free investment or a future ideal Perth City base, or perfect first home. Don't miss the chance to secure this exceptional property-opportunities like this are rare!
This property is currently tenanted for $420 per week until 21/03/2025.
Council Rates: $2,011.50 pa
Water Rates: $1,063.19 pa
Strata Levy: $1,020.17 pq (Admin Funds $684.53 pq + Reserve Funds $335.64 pq)

Property Details for 315/29 Melville Pde, South Perth

315/29 Melville Pde, South Perth is a 2 bedroom, 1 bathroom Apartment with 1 parking spaces. The property has a floor size of 84m2. The place is currently for sale with Ian Hutchison Real Estate - South Perth WA.

Building Type
Apartment
Floor Size
84m2

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About South Perth 6151

The size of South Perth is approximately 5.2 square kilometres. It has 20 parks covering nearly 28.6% of total area. The population of South Perth in 2011 was 11,990 people. By 2016 the population was 12,060 showing a population growth of 0.6% in the area during that time. The predominant age group in South Perth is 20-29 years. Households in South Perth are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in South Perth work in a professional occupation. In 2011, 51.5% of the homes in South Perth were owner-occupied compared with 54% in 2016.

South Perth has 8,664 properties. Over the last 5 years, Houses in South Perth have seen a 46.81% increase in median value, while Units have seen a 55.98% increase. As at 30 November 2024:

  • The median value for Houses in South Perth is $1,552,770 while the median value for Units is $727,072.
  • Houses have a median rent of $990 while Units have a median rent of $663.
There are currently 84 properties listed for sale, and 26 properties listed for rent in South perth on OnTheHouse. According to CoreLogic's data, 514 properties were sold in the past 12 months in South perth.

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Ian Hutchison
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Ian Hutchison Real Estate - South Perth WA
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