OFF MARKET

301/18 Rheola Street
West Perth WA 6005

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 69m2
Land area: 95m2
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Property Details for 301/18 Rheola St, West Perth

301/18 Rheola St, West Perth is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2005. The property has a land size of 95m2 and floor size of 69m2. While the property is not currently for sale or for rent, it was last sold in July 2023.

Building Type
Unit
Year Built
2005
Floor Size
69m2
Land Size
95m2
Local Government
Perth
Lot/Plan
12/S047953

Last Listing description (September 2024)

This is a great little find in the edge of West Perth, on the doorstep of vibrant Subiaco, minutes to the CBD and literally across the road from the beautiful King's Park, this property is a must see.

Perfectly positioned for effortless urban living this fully furnished and equipped 2 bedroom, 2 bathroom, light and bright apartment located on the 3rd floor of this sort after building offers you a very unique opportunity.

This apartment is a short term stay investment property managed through Quest Property returning a whopping $22,451.88 per annum NET*


Quest Property lease the property from you, so you have a guaranteed income for the next 2+ years with no management fees!

Contact David & Martine Eyers today on 0419 889 130 or david.eyers@belleproperty.com for more information or to organise viewing this property.

*chattels depicted or described are not included in the sale unless specified on the offer & acceptance or lease.
*the buyer is aware the apartment is subject to a lease and need to do their own due dilligence on the lease agreement

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Property History for 301/18 Rheola St, West Perth, WA 6005

A timeline of how this property has performed in the market
Last Sold
$340,000
03 Jul 2023
  • 03 Jul 2023
    Sold for $340,000
  • 29 Mar 2023
    Listed for Sale Under contract.
  • 21 Feb 2005
    Sold for $340,000

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About West Perth 6005

The size of West Perth is approximately 2.3 square kilometres. It has 11 parks covering nearly 10.3% of total area. The population of West Perth in 2011 was 5,167 people. By 2016 the population was 5,618 showing a population growth of 8.7% in the area during that time. The predominant age group in West Perth is 20-29 years. Households in West Perth are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in West Perth work in a professional occupation. In 2011, 34.7% of the homes in West Perth were owner-occupied compared with 33% in 2016.

West Perth has 5,779 properties. Over the last 5 years, Houses in West Perth have seen a 40.02% increase in median value, while Units have seen a 37.74% increase. As at 31 October 2024:

  • The median value for Houses in West Perth is $1,050,180 while the median value for Units is $570,414.
  • Houses have a median rent of $650 while Units have a median rent of $650.
There are currently 72 properties listed for sale, and 34 properties listed for rent in West perth on OnTheHouse. According to CoreLogic's data, 362 properties were sold in the past 12 months in West perth.

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