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Sold on 17 Jan 2024 for $235,000

42/60-64 Forrest Avenue
East Perth WA 6004

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
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Property Details for 42/60-64 Forrest Ave, East Perth

42/60-64 Forrest Ave, East Perth is a 1 bedroom, 1 bathroom Apartment with 1 parking spaces. While the property is not currently for sale or for rent, it was last sold in January 2024. There are other 1 bedroom Apartment sold in East Perth in the last 12 months.

Building Type
Apartment
Local Government
Perth
Lot/Plan
33/S005385

Last Listing description (January 2024)

Good Investment Opportunity - High rent demand for this studio apartment

Perfectly located in an accessible position in East Perth and perched overlooking the picturesque Queens Gardens, this award-winning and architecturally designed property is perfect for a first home buyer or an investor. You will be impressed with the quality and size of this apartment.

Providing a recently refurbished kitchen and painted throughout, this excellent apartment enjoys spectacular views from Level 4 of the WACA ground, enjoy the views over the lush tree-tops of the Queens Garden precinct. With South-East facing views and a glimpse of the Swan River and Crown Casino/Hotel this executive apartment will not last long!

Be the first to view it as demand is strong for apartments in this price range in the low $200K range. Buying is cheaper than renting. With a 20% deposit a mortgage will cost you approx $236 a week

Rent potential $400 - $425 per week unfurnished.

Features Include:
- A spacious studio apartment with timber parquetry floors
- South-East location on the 4th floor to provide fabulous views
- Offering a low-maintenance lifestyle in a super central location
- Security Screen door. Light & Bright, open plan living
- Stylish kitchen with gas cooking & Modern bathroom
- Includes fridge, built in washing machine
- Minutes walk to cafes, shops and free CAT transport
- Low strata fees
- Communal laundry and clothesline facilities in the complex
- Secure car park with gated access
- Unallocated parking bay (as the parking area is strata common area for the use of the residents in the complex).

Rates:
Council: $1,247.80 PA
Water: $870 PA
Strata: $598.99 per quarter
Reserve $38.38 per quarter

Contact Brent Morfesse 0419 900 747

Disclaimer:
This information is provided for general information purposes only and is based on information provided by the Seller and may be subject to change. No warranty or representation is made as to its accuracy and interested parties should place no reliance on it and should make their own independent enquiries.

Property History for 42/60-64 Forrest Ave, East Perth, WA 6004

A timeline of how this property has performed in the market
Last Sold
$235,000
17 Jan 2024
Listed for Rent
$310/w
20 Nov 2012
  • 04 Jan 2024
    Sold for $235,000
  • 01 Dec 2023
    Listed for Sale OFFERS From $235,000
  • 04 Nov 2023
    Sold for $185,000
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About East Perth 6004

The size of East Perth is approximately 3.2 square kilometres. It has 21 parks covering nearly 33.5% of total area. The population of East Perth in 2011 was 8,184 people. By 2016 the population was 10,598 showing a population growth of 29.5% in the area during that time. The predominant age group in East Perth is 20-29 years. Households in East Perth are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in East Perth work in a professional occupation. In 2011, 37.8% of the homes in East Perth were owner-occupied compared with 37.6% in 2016.

East Perth has 8,339 properties. Over the last 5 years, Houses in East Perth have seen a 17.54% increase in median value, while Units have seen a 32.00% increase. As at 31 October 2024:

  • The median value for Houses in East Perth is $1,149,634 while the median value for Units is $588,181.
  • Houses have a median rent of $840 while Units have a median rent of $680.
There are currently 143 properties listed for sale, and 44 properties listed for rent in East perth on OnTheHouse. According to CoreLogic's data, 638 properties were sold in the past 12 months in East perth.

Suburb Insights for East Perth 6004

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Contact agent
Brent Morfesse
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The Agency Perth
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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.