SOLD
Sold on 17 Jul 2024 for $410,000

28/126 Terrace Road
Perth WA 6000

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 67m2
Land area: 67m2
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Property Details for 28/126 Terrace Rd, Perth

28/126 Terrace Rd, Perth is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1960. The property has a land size of 67m2 and floor size of 67m2. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 2 bedroom Unit sold in Perth in the last 12 months.

Building Type
Unit
Year Built
1960
Floor Size
67m2
Land Size
67m2
Local Government
Perth
Lot/Plan
28/S005863

Last Listing description (August 2024)

Don't miss out on this one! This is a rare chance to secure a stunning 2-bedroom apartment in the heart of the city amongst the skyscrapers!!, and at this price, it won't last long!This beautiful Mid - Century style apartment is nestled privately at the rear of the complex, offering you peaceful and quiet living. Step through the front door, and you'll be greeted by traditional high ceilings and newly refinished classic Jarrah floorboards that exude timeless elegance. The classic charm makes this apartment truly unique and highly desirable.If you're looking for an inner-city haven within walking distance to work or to enjoy the vibrant amenities of Elizabeth Quay and the enchanting Swan River, this is it! Imagine the convenience of having cafes, restaurants, shopping, and entertainment just a short stroll away. Whether it's a morning jog along the river or a relaxing evening at one of the nearby hotspots, this location offers an unparalleled urban lifestyle. This apartment is priced to move quickly, so act fast!For investors, this property promises a steady stream of tenants eager for such a central location. The "BLUE CHIP" status of this site is unmatched, making it highly desirable for future property developers. With so few apartments on such a large piece of land, this opportunity is not to be overlooked! The strong rental demand in this prime location ensures a lucrative investment, and the potential for future redevelopment adds to the long-term value.Whether you're stepping onto the property ladder or seeking an investment with blue-sky potential, you must see this one. Opportunities like this are rare and highly sought after, so don't let it slip away.Call me today to learn more and book an inspection! This is your chance to own a piece of prime real estate in one of the most vibrant and sought-after areas of the city. Act now and secure your future!Council rates - $1,396.00 paWater rates - $1,017.00 paStrata Levies - $707.00 per quarter**Please note the image with the photos is for illustrative purposes only (Virtual furniture)

Property History for 28/126 Terrace Rd, Perth, WA 6000

A timeline of how this property has performed in the market
Last Sold
$410,000
17 Jul 2024
Listed for Rent
$270/w
23 Sep 2016
  • 17 Jul 2024
    Sold for $410,000
  • 09 Jul 2024
    Listed for Sale SOLD!
  • 17 Jun 2016
    Listed for Rent $270 / week
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About Perth 6000

The size of Perth is approximately 4.6 square kilometres. It has 21 parks covering nearly 18.1% of total area. The population of Perth in 2011 was 9,236 people. By 2016 the population was 11,424 showing a population growth of 23.7% in the area during that time. The predominant age group in Perth is 20-29 years. Households in Perth are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Perth work in a professional occupation. In 2011, 37.1% of the homes in Perth were owner-occupied compared with 35.1% in 2016.

Perth has 11,649 properties. Over the last 5 years, Houses in Perth have seen a 31.76% increase in median value, while Units have seen a 44.24% increase. As at 30 September 2024:

  • The median value for Houses in Perth is $1,018,196 while the median value for Units is $548,283.
  • Houses have a median rent of $700 while Units have a median rent of $650.
There are currently 167 properties listed for sale, and 69 properties listed for rent in Perth on OnTheHouse. According to CoreLogic's data, 813 properties were sold in the past 12 months in 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.