OFF MARKET

3/448 Murray Street
Perth WA 6000

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 70m2
Land area: 97m2
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Property Details for 3/448 Murray St, Perth

3/448 Murray St, Perth is a 2 bedroom, 1 bathroom House and was built in 2005. The property has a land size of 97m2 and floor size of 70m2. While the property is not currently for sale or for rent, it was last sold in May 2023.

Building Type
House
Year Built
2005
Floor Size
70m2
Land Size
97m2
Local Government
Perth
Lot/Plan
3/S046240

Last Listing description (July 2023)

Welcome to this well equipped two-bedroom, one bathroom studio unit which presents a modern design throughout, in a centrally convenient location within walking distance to the Perth CBD. This unit is perfect for the 'lock up and leave' lifestyle, with secure underground parking for one car, storage area for your belongings and plenty more to love throughout the home! The unit boasts a 70 square metre internal floorspace plus an 11 square metre balcony with curved stylings making the space feel open-air. Don't miss out on this excellent property perfect for both patient owner-occupiers or savvy investors seeking rental income from day one!

Property Highlights:
- Two-bedroom, one-bathroom unit built in 2005

- Comfortable second floor location
- Total lot size of 97 square metres
- Approximate internal floor space of 70 square metres ... plus 11 square metre balcony!
- Floor to ceiling windows and sliding door
- Electric cooking, modern features throughout
- Dishwasher, great city views
- Split cycle air conditioning
- Internal laundry... wow!

Investor Summary:
- Currently leased month-to-month at $390 per week
- Market Rent for 3/448 Murray Street is $485 per week
- Given a purchase price of $359,000 this property results in a 7.0% gross annual rental yield.
- HouseSmart is highly active in the Perth CBD and can provide high quality leasing and Property Management services throughout the course of sale and beyond Settlement.

Enjoy a healthy spread of living spaces with two bedrooms, arranged in a sensible layout with a prime feature being the floor to ceiling glass windows and sliding door leading to your own 11 square metre balcony. The property is well lit via natural light cascading through the windows, and LED downlights throughout.

The kitchen is arranged in an L shape with stone benchtops and crisp white tile splashback behind, with a massive amount of cabinetry both underneath the bench and wall-mounted cabinets too! The built in 600mm wide electric oven and stovetop are easy to use, and there's a pull-out rangehood above. The dishwasher is built into the cabinets, and there's a fridge nook with cozy wine bottle storage above.

The primary bedroom features carpet flooring, a great size, built in mirror door robes, and a strategically placed window that you can open for a breeze. The secondary bedroom also enjoys downlights, carpet flooring, a well placed window and easy living access. The bathroom is a surprisingly large space with tall tiling, a glass doored shower, extra wide vanity and matching full width mirror, a toilet, and plenty of storage options too.

The main living space is open plan with a split system wall air conditioner to cool the area down, or you could simply keep the sliding door to the balcony open for a bit of extra breeze. This open-plan kitchen dining and living would be great for entertaining friends or relaxing after work. The balcony outside has views across the CBD - put a table and chairs out here and enjoy the view!

The home enjoys its own laundry area with room for a washing machine and dryer, plus the unit's own instantaneous HWS. No more sharing with the other apartments with a communal laundry!

If all these features are not enough, the complex also sports the below:

- Modern design and foyer
- Intercom security access
- Letterbox area inside the foyer
- Undercover/underground parking bay
- Caged storage area

This fully secured apartment with 97 sqare metres of building space and 70 sqare metres of floor space, is just a 4 minute walk to the Hay St and Murray St malls, and just a 4 minute walk to several train stations nearby. With shops, cafe's, gyms and bars all within walking distance, this unit really is in the prominent location for all of yours needs and more

Don't miss out on this ideal apartment!

Property History for 3/448 Murray St, Perth, WA 6000

A timeline of how this property has performed in the market
Last Sold
$320,000
19 May 2023
Listed for Rent
$340/w
11 Mar 2019
  • 19 May 2023
    Sold for $320,000
  • 14 Feb 2023
    Listed for Sale From $349,000
  • 11 Mar 2019
    Listed for Rent - Price not available
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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 12,056 properties. Over the last 5 years, Houses in Perth have seen a 25.74% increase in median value, while Units have seen a 41.48% increase. As at 31 January 2025:

  • The median value for Houses in Perth is $987,071 while the median value for Units is $544,826.
  • Houses have a median rent of $700 while Units have a median rent of $680.
There are currently 184 properties listed for sale, and 78 properties listed for rent in Perth on OnTheHouse. According to CoreLogic's data, 877 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.