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A Landmark Address with a Rich Perth Heritage
Own a piece of Perth history at the iconic Red Castle, originally a brewery from the 1890's to the 1950's.
The site was redeveloped into the modern Red Castle Apartments complex, completed between 2016 and 2017. The developers kept the “Red Castle” name and retained the iconic tower as a nod to the site’s history.
The location of Lathlain sits in a 'sweet spot'. An inner-city lifestyle suburb with heritage character, stadium connectivity, and strong long-term growth potential.
Strong infrastructure, minutes from the CBD, overlooking The Crown, Optus Stadium and Burswood and incredibly easy access to the airport means this property and its location is standout for investors and first home buyers.
The apartment itself is in fantastic condition offering immense views of the crown complex from the balcony. Great size master with split system aircon and built in robes and access to a very large roof terrace offering sublime views. Perfect spot for fireworks!
What we love:
* Walking distance to Victoria Park train station and Burswood entertainment complex
* Amazing views of The Crown from the balcony
* Balcony and living total 80sqm
* Modern kitchen with large fridge recess and integrated dishwasher
* European style laundry
* Aircon to both living and bedroom
* Store, secure parking and gym
* Expansive roof terrace with BBQ and incredible views
* Tenanted to June 29th 2026 reverting to periodic thereafter
* Ideal investment or first home buy
Council Rates - $1,849.18 p.a
Water Rates - $971.31 p.a
Strata Levies - $972.95 p/qtr.
Disclaimer:
This information is provided for general information purposes only and is based on information provided by the Seller and may be subject to change. No warranty or representation is made as to its accuracy and interested parties should place no reliance on it and should make their own independent enquiries.
Property features
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Air conditioned
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Carports
1
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Floor area
80m2
Property snapshot by reiwa.com
This property at 401/2 Rutland Avenue, Lathlain is a one bedroom, one bathroom apartment sold by Katie Lawley at Peard Real Estate on 07 Sep 2026.
Looking to buy a similar property in the area? View other one bedroom properties for sale in Lathlain or see other recently sold properties in Lathlain.
Cost breakdown
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Council rates: $1,849 / year
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Water rates: $971 / year
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Strata fees: $972 / quarter
Nearby schools
Lathlain overview
Are you interested in buying, renting or investing in Lathlain? Here at REIWA, we recognise that choosing the right suburb is not an easy choice.
To provide an understanding of the kind of lifestyle Lathlain offers, we've collated all the relevant market information, key facts, demographics and statistics to help you make a confident and informed decision.
Our interactive map allows you to delve deeper into this suburb and locate points of interest like transport, schools and amenities.
Lathlain quick stats
High end
$1.7m
Median
$1.3m
Low end
$1.1m
16.6 %
Annual growth
$1.3m
Annual median sales price
$830pw
Annual median rental price
