Sold
23/45 Adelaide Terrace, East Perth WA 6004
Sold price: $398,000
Sold: 12 Mar 2026
Sold
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1 Bedroom
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1 Bathroom
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Landsize 33m2
Unit
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Vacant & Stylishly Renovated City Studio – Walk to the Swan River
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Positioned in a secure complex just a short stroll from the Swan River and within Perth’s Free Transit Zone, this beautifully renovated studio apartment presents the perfect city base or smart investment opportunity.
Freshly updated throughout, the apartment showcases a brand-new kitchen featuring a large stainless-steel cooktop and oven, a deep stainless-steel sink, and sleek stone benchtops that add a touch of modern sophistication. The bathroom has also been stylishly upgraded with a new vanity topped with stone, a striking stone basin, quality new tapware to both the shower and basin, and a new shower screen for a crisp, contemporary finish.
Fresh paint and new flooring complete the transformation, creating a light, low-maintenance space ready to enjoy from day one.
Owner occupiers or tenants also have the option to arrange secure and affordable parking directly with the strata company, adding further convenience to this inner-city address.
Ideal as a lock-and-leave city pad or an easy-care investment, the property is expected to achieve approximately $500 per week in rent, making it an attractive addition to any portfolio. Move in at settlement and enjoy the vibrant inner-city lifestyle yourself or secure a quality tenant and benefit from strong rental demand in this prime location.
Property features
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Floor area
33m2
Property snapshot by reiwa.com
This property at 23/45 Adelaide Terrace, East Perth is a one bedroom, one bathroom unit sold by James Yeoman and Tracey Mainstone at Key Performance Real Estate on 12 Mar 2026.
Looking to buy a similar property in the area? View other one bedroom properties for sale in East Perth or see other recently sold properties in East Perth.
Cost breakdown
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Council rates: $1,334 / year
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Water rates: $906 / year
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Strata fees: $803 / quarter
Nearby schools
East Perth overview
A tranquil waterside village, East Perth is situated less than two kilometres from the Perth city hub. Admired for its beautiful residential landscapes, the idyllic riverside suburb has long since set the benchmark for inner-city living. East Perth provides a bustling urban lifestyle against a picturesque backdrop.
Life in East Perth
There are eateries, sporting venues, pubs and evening venues all accessible within East Perth. The iconic Royal Street is home to some of the best brunch spots in Perth and there is The Royal on The Waterfront, a much loved pub, restaurant and cocktail bar. The WACA, the home of cricket in Western Australia, is also a feature of the suburb and hosts some of the biggest games in cricket every year. Other notable mentions include the Perth Mint, Claisebrook Cove and City Farm.
East Perth quick stats
High end
$2.1m
Median
$1.8m
Low end
$1.6m
10.6 %
Annual growth
$1.8m
Annual median sales price
$725pw
Annual median rental price
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