SOLD
Sold on 28 May 2024 for $376,000

312/29 Melville Parade
South Perth WA 6151

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 52m2
Land area: 71m2
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Property Details for 312/29 Melville Pde, South Perth

312/29 Melville Pde, South Perth is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1964. The property has a land size of 71m2 and floor size of 52m2. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 1 bedroom Unit sold in South Perth in the last 12 months.

Building Type
Unit
Year Built
1964
Floor Size
52m2
Land Size
71m2
Local Government
South Perth
Lot/Plan
42/S034582

Last Listing description (June 2024)

Located just moments away from the bustling Mends St shopping and caf precinct and the iconic Swan River foreshore, this contemporary apartment presents an excellent opportunity for first-time buyers and investors alike.

Why rent?
Set within a well-kept attractive complex, this second-floor unit is spacious and comfortable. Freshly painted throughout, it's move in ready! Available to settle with vacant possession.

Key Features:

Secure and Convenient Complex:
Located on the top floor of a two storey building, the unit is secure and privately situated in a well maintained group of 45 apartments, a front-facing unit offering the lucky buyer a pleasant and comfortable home with a lovely aspect of the Swan River.

Ideal Location:
Just a short walk to the Mends St shopping and dining precinct, residents have easy access to amenities such as wonderful cafes, bars, glamourous shops as well as the all essential shops for your daily needs. Public transport options nearby including the ferry and bus stops further enhance a lifestyle of convenience, providing a very short trip into the Perth CBD.

Comfortable And Low Maintenance:
A well presented apartment with ample space for singles or couples to relax and enjoy the lifestyle that South Perth has to offer.

Parking:
One allocated undercover parking bag plus visitor bays and plenty of on street parking options.

Blue Chip Investment:
With its proximity to the city, local amenities and transport options, this property represents an excellent investment opportunity. Rent potential approx $450 - $500 per week.

OUTGOINGS:

Council Rates: $1,759.04 (approx.) p.a
Water Rates: $950.32 (approx.) p.a

Strata Levy: $459 (Admin) + $229.50 (special levy) per qtr

Viewings are as advertised or please contact Giuli Zirino on 0417 970 588 or email giuli@jonesballard.com.au to book your private viewing if you are unable to attend the scheduled home opens, or to receive the information pack on the property.

Property History for 312/29 Melville Pde, South Perth, WA 6151

A timeline of how this property has performed in the market
Last Sold
$376,000
28 May 2024
  • 28 May 2024
    Sold for $376,000
  • 23 May 2024
    Listed for Sale From $329,000
  • 17 Jan 2011
    Sold for $318,000
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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 8,607 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, 515 properties were sold in the past 12 months in South perth.

Suburb Insights for South Perth 6151

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Jones Ballard Property Group
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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.