408/2 Moreau Parade, East Perth WA 6004

This well-maintained 1-bedroom apartment sits within the Queens Riverside development in a rapidly upgraded part of East Perth. East-facing full-height windows capture excellent natural lights, with a view centres on the heritage Western Australia Police Headquarters rather than neighbour's balconies. Beyond providing a good view, its acoustic performance remains strong, which is absolutely important for inner city living.

Apartment's location places you inside the Bob Hawke College catchment (including its Gifted and Talented program), within easy reach of Trinity College and Mercedes College, and only 200 metres from the planned East Perth Primary School and WACA Ground. Extensive public green space—including Queen’s Gardens and Swan River foreshore walks—is on the doorstep, while the Free Transit Zone delivers direct bus access to the CBD.

Last but not the least, the complex benefits from a strong and proactive owners’ corporation that actively protects and enhances the long-term outlook of the building. This gem 1x1 is ideal for students, young professionals or investors seeking estimated rents of $600–$650 per week.

Internal area is 51 m² plus an 8 m² balcony, supported by a secure 13 m² car bay and 4 m² storage cage. Residents enjoy gym, pool, spa, lounge, BBQ areas, concierge service and smart parcel lockers.

Estimated outgoings:
Admin levies + reserve funds: $1,184.75 per quarter.
Council rates: $1,873.85 per year.
Water rates: $1,125 per year.

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Eligible first home buyers purchasing this established apartment may benefit from:

- Near full stamp duty exemption (saving around $22,500)
- Low-deposit loan options, including WA Keystart (from 2% deposit, no LMI) and the Federal 5% Deposit Scheme (no LMI)
- Help to Buy shared equity scheme (from 2% deposit, subject to income and eligibility criteria)

These government supports can help reduce upfront costs. Buyers should confirm their eligibility with a mortgage broker or relevant authorities.

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