SOLD
RECENT ADVICE
Sold on 25 Jul 2024 for $430,000

18/55 Elizabeth Street
South Perth WA 6151

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
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Property Details for 18/55 Elizabeth St, South Perth

18/55 Elizabeth St, South Perth is a 2 bedroom, 1 bathroom Unit with 1 parking spaces. 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 South Perth in the last 12 months.

Building Type
Unit
Local Government
South Perth
Lot/Plan
18/S008969

Last Listing description (July 2024)

"Offers from $425,000"

This is a great buying opportunity to secure this fabulous 2-bedroom, 1-bathroom apartment located in this highly sought-after tree lined street of South Perth amongst quality homes.

This easy maintenance 1st floor apartment with open plan kitchen/dining/living area is currently leased at $420 per week until 12th February 2025 and this property certainly has the potential of receiving in the vicinity of $550 per week rental income on a new tenancy.

Each apartment at the Elizabeth Gardens complex has an allocated carport and the use of the below ground swimming pool.

The owner has recently installed a new hot water system, and an electric oven & hotplate to the kitchen.

Enjoy easy freeway access to the CBD and being conveniently located to Wesley & Penrhos College, nearby public transport and within proximity to walk or cycle to local shopping, restaurant's, cafes', medical and the stunning Swan River foreshore to relax or exercise by the water's edge.

NB: This apartment is available for viewing by appointment only.

Council Rates: $1,749 per annum (approx.)
Water Rates: $911 per annum (approx.)
Strata Admin: $670 per quarter.
Strata Reserve: $100 per quarter.

Contact Greg Penn TODAY for further information:
P: 0418914473
E: greg@edisonmcgrath.com.au

Property History for 18/55 Elizabeth St, South Perth, WA 6151

A timeline of how this property has performed in the market
Last Sold
$430,000
25 Jul 2024
Listed for Rent
$270/w
13 Jun 2020
  • 25 Jul 2024
    Sold for $430,000
  • 11 Jul 2024
    Listed for Sale From $425,000
  • 14 May 2020
    Listed for Rent $270 / week
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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 8,606 properties. Over the last 5 years, Houses in South Perth have seen a 58.17% increase in median value, while Units have seen a 49.33% increase. As at 31 October 2024:

  • The median value for Houses in South Perth is $1,707,935 while the median value for Units is $719,884.
  • Houses have a median rent of $965 while Units have a median rent of $650.
There are currently 85 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.

Suburb Insights for South Perth 6151

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Contact agent
Greg Penn
Show contact details
Edison McGrath
Preferred contact:
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.