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3/114 Terrace Road, Perth WA 6000

Sold price: $496,000 Sold: 04 Mar 2026
Sold
  • 1 Bedroom
  • 1 Bathroom
Unit

Affordable. Convenient. Right in the heart of the action.

Positioned along the iconic Terrace Road and overlooking the beautiful Swan River, this affordable one-bedroom apartment offers an exceptional opportunity to secure your place in the heart of Perth City.

This ground floor apartment delivers a smart and low-maintenance layout, featuring a well-proportioned bedroom, tidy bathroom, open-plan living and dining area, and a functional kitchen and its own private courtyard. Large windows invite in natural light while capturing glimpses of the river, creating a relaxed inner-city retreat.

Set within a secure complex for added peace of mind, residents also benefit from access to a convenient shared laundry facility.

This property combines lifestyle and convenience. Step outside and you're moments from Langley Park, Elizabeth Quay, riverside walking paths, cafés, restaurants, and public transport. Everything you need is right at your doorstep.

Whether you're a first-home buyer seeking an affordable entry into the city market or an investor looking for a well-located property with strong rental appeal, this is an opportunity not to be missed.

Car bays are available subject to allocation and approval by Strata Manager

Property is sold partially furnished

Currently Tenanted until March 2026 for $500 per week
Rental Appraisal - $500 - $550 per week

Outgoings: (Approx.)
Strata Levy & Reserve Fund = $965.00 per quarter
Council Rates = $1,417.65 per annum
Water Rates = $1,014.00 per annum

Nearby (approximate measurements):
Langley Park Pavilion - 50m
Mercedes College - 550m
Supreme Court Gardens - 800m
Elizabeth Quay - 1.2km
St Georges Terrace CBD - 1.3km
Murray Street Mall - 1.5km
Highgate Primary School - 2.1km
Perth Convention Centre - 2.3km
Crown Hotel & Casino - 3.8km
Perth International Airport - 15.1km

For further information or to register your interest, please contact Jeffrey Zhang on 0433 768 779.

Property features

Property snapshot by reiwa.com

This property at 3/114 Terrace Road, Perth is a one bedroom, one bathroom unit sold by Jeffrey Zhang at Realty One Winthrop on 04 Mar 2026.

Looking to buy a similar property in the area? View other one bedroom properties for sale in Perth or see other recently sold properties in Perth.

Cost breakdown

  • Council rates: $1,417 / year
  • Water rates: $1,018 / year
  • Strata fees: $965 / quarter

Nearby schools

0.4km
Mercedes College
  • Secondary
  • Non-government
1.2km
St George's Anglican Grammar School
  • Secondary
  • Non-government
1.4km
Trinity College
  • Combined
  • Non-government
Disclaimer

Perth overview

Perth is the bustling, exciting capital of Western Australia and the location of the Central Business District. With attractions such as Elizabeth Quay and the Bell Tower, the city basks in the stunning surrounds of the Swan River. Young, hip and evolving at a rapid pace, Perth is firmly establishing itself as a world-class city centre.

Life in Perth

With major developments underway in Perth to elevate the city’s cultural panache, Perth is experiencing a cultural awakening. Laneway bars and rooftop venues are in abundance, as well as a broad range of restaurants to satisfy any palate. Transport in and out of the city is convenient with the Perth Train Station and Bus Station as well as free CAT bus services. Carillion City, Forrest Chase and the Hay Street and Murray Street malls (to name a few) will appeal to retail addicts.

Perth quick stats

High end $1.7m
Median $1.4m
Low end $1.3m
14.1 %
Annual growth
$1.4m
Annual median sales price
$777pw
Annual median rental price

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FAQ's

3/114 Terrace Road, Perth sold on 4/3/2026 for $496,000.

The average number of selling days in Perth is 9 days.
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