SOLD
Sold on 02 Jul 2024 for $800,000

46/87 South Perth Esplanade
South Perth WA 6151

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 98m2
Land area: 98m2
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Property Details for 46/87 South Perth Esp, South Perth

46/87 South Perth Esp, South Perth is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 1969. The property has a land size of 98m2 and floor size of 98m2. 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
Year Built
1969
Floor Size
98m2
Land Size
98m2
Local Government
South Perth
Lot/Plan
45/S000363

Last Listing description (August 2024)

STUNNING RIVER & CITY VIEWSSituated on the prestigious South Perth Esplanade, Apartment 46, 87 South Perth Esplanade is set in a very secure and well-maintained development and offers stunning River and City views. The property features two spacious bedrooms both with built-in robes, each boasting breath-taking views for you to wake up to. There are two separate bathrooms, one includes a shower and WC while the other offers a double vanity and bath/shower. The kitchen is a chef's delight with ample storage, cupboard space and plenty of bench space and provides captivating views of Melville Waters and Matilda Bay. The linen cupboard in the hallway also provides additional storage. The key feature of this apartment is the spacious living and dining area leading out to the balcony, perfect for relaxing with the magnificent views from The Hills around to Kings Park including the Perth city skyline. Residents will appreciate the convenience of the communal clothes drying area located on each floor of the building. There is one undercover parking available which leads out onto Ray Street, enhancing accessibility. To ensure peace of mind, the building is secured with dual access points at the front and rear. Walk just 100 metres to the re-vitalised Mends Street where you will find restaurants and cafes to suit most tastes, bars including the recently opened Station Bar and the classic Windsor Hotel, boutiques, supermarkets and Ferry. With the River Foreshore and Parklands almost at your doorstep, you can enjoy a relaxing stroll or bike ride. Don't miss the opportunity to secure this apartment today! This apartment is currently rented to an excellent tenant for $700 per week until 24/02/2025.Council Rates: $2,001.76 paWater Rates: $1,085.87 paStrata Levy: $1,100.45 pq

Property History for 46/87 South Perth Esp, South Perth, WA 6151

A timeline of how this property has performed in the market
Last Sold
$800,000
02 Jul 2024
Listed for Rent
$500/w
17 Feb 2021
  • 02 Jul 2024
    Sold for $800,000
  • 27 Jun 2024
    Listed for Sale Offers Over $795,000
  • 05 Feb 2021
    Listed for Rent $500 / 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 8,637 properties. Over the last 5 years, Houses in South Perth have seen a 49.03% increase in median value, while Units have seen a 38.49% increase. As at 31 August 2024:

  • The median value for Houses in South Perth is $1,614,042 while the median value for Units is $687,982.
  • Houses have a median rent of $950 while Units have a median rent of $650.
There are currently 69 properties listed for sale, and 29 properties listed for rent in South perth on OnTheHouse. According to CoreLogic's data, 570 properties were sold in the past 12 months in South perth.

Suburb Insights for South Perth 6151

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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.