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Sold on 03 Apr 2024 for $480,000

7/5 Clarence Street
South Perth WA 6151

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 103m2
Land area: 96m2
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Property Details for 7/5 Clarence St, South Perth

7/5 Clarence St, South Perth is a 2 bedroom, 1 bathroom Apartment with 1 parking spaces. The property has a land size of 96m2 and floor size of 103m2. While the property is not currently for sale or for rent, it was last sold in April 2024. There are other 2 bedroom Apartment sold in South Perth in the last 12 months.

Building Type
Apartment
Floor Size
103m2
Land Size
96m2
Local Government
South Perth
Lot/Plan
7/S002868

Last Listing description (April 2024)

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This low maintenance two bedroom one bathroom apartment is suited right in the heart of South Perth. Close by is the Swan River Foreshore, Perth Zoo, Mends street and Angelo street strips with restaurants, cafes and grocery stores, as well as easy access into the city via public transport.

This home offers a functional layout with a large living area with access out onto the balcony overlooking the leafy trees. The kitchen is of a good size with plenty of cupboard space, flowing through to dining room.

Both bedrooms are double sized with robes. The bathroom is renovated with vanity and shower/bath, as well as a seperate WC with vanity.

This apartment is the perfect investment property, downsize or first home. You don't want to miss out on this opportunity, contact Luke or Ian today!
This property is currently tenanted for $470 per week until the 24th of July 2024.

Council Rates: $1,845.63 pa
Water Rates: $1,017.90 pa
Strata Levy: $975.90 pq (Admin Fund $898.98 pq & Reserve Fund $76.92 pq)

Property History for 7/5 Clarence St, South Perth, WA 6151

A timeline of how this property has performed in the market
Last Sold
$480,000
03 Apr 2024
Listed for Rent
$290/w
18 Jul 2019
  • 10 Mar 2024
    Sold for $480,000
  • 08 Mar 2024
    Listed for Sale Low to Mid $400,000's
  • 24 Apr 2019
    Listed for Rent $290 / 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 8,607 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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Contact agent
Luke Lally
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Ian Hutchison
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Ian Hutchison Real Estate - South Perth WA
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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.