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Smart Investment in a Prime Lifestyle Location
Positioned in the heart of Maylands, this 2-bedroom, 1-bathroom apartment presents an outstanding opportunity for investors or future owner-occupiers looking to secure a foothold in one of Perth's most vibrant riverside suburbs.
Currently tenanted until June at $550 per week, the property offers immediate rental income with the flexibility to move in later and add further value over time.
The modernised kitchen is a standout feature, offering functionality, while the rest of the home provides a solid foundation with scope to add your own touches and reap the rewards. The living and dining area flows comfortably, and both bedrooms are well-sized and share a main bathroom.
With a group that offers security, laundry facilities and an abundance of parking.
Whether you're looking to expand your portfolio or secure a property now and plan your move for the future, this is a smart buy in a high-demand location.
Location Highlights
- Enjoy everything Maylands has to offer, including:
- Close proximity to Swan River foreshore and walking trails
- Minutes to the popular Maylands Peninsula Golf Course
- Easy access to Maylands Train Station for a quick commute
- Short drive to Perth CBD
- Surrounded by local cafés, shops and lifestyle amenities
An affordable entry into a sought-after suburb with strong rental appeal and long-term growth potential.
Contact Maddy today for more information or to arrange a viewing.
PROPERTY PARTICULARS:
Shire Rates: $1,790.64 P/A
Water Rates: $968.62 P/A
Strata Rates: $1129.95 P/Q
City of Bayswater
Property features
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Garages
1
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Floor area
42m2
Property snapshot by reiwa.com
This property at 38/12 Tenth Avenue, Maylands is a two bedroom, one bathroom apartment sold by Madison Purvey and Matt Seabrook at Ray White Inner North on 14 Mar 2026.
Looking to buy a similar property in the area? View other two bedroom properties for sale in Maylands or see other recently sold properties in Maylands.
Cost breakdown
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Council rates: $1,790 / year
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Water rates: $968 / year
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Strata fees: $181 / quarter
Nearby schools
Maylands overview
Maylands is a riverside inner-city suburb approximately 4.5 kilometres northeast of Perth, serviced by the Midland railway line on the northern bank of the Swan River. In 1896 the name "Maylands" was first used to identify the area, appearing on a poster advertising a land auction. However the exact reason how the area got its name is something of a mystery.
The suburb was once a source of clay for brick and tile making at Maylands Brickworks, and the pits from these activities are now part of a golf course and residential area. It was home to Perth's main airport until the early 1960s, and the facilities were converted to a training area for the Western Australian Police Service.
Life in Maylands
Maylands is known as a cultural and creative hub as it is home to The West Australian Ballet Centre and home to the WA Youth Jazz Orchestra. In recent years, new bars, cafés and restaurants, along with gourmet food and retail outlets have all contributed to an ongoing transformation of the town centre into a lively, diverse and inclusive destination. There are numerous shopping centres in the area, 15 parks and reserves and two primary schools.
Maylands quick stats
High end
$1.4m
Median
$1.2m
Low end
$943k
27.4 %
Annual growth
$1.2m
Annual median sales price
$700pw
Annual median rental price
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