Sold
49/138 Adelaide Terrace, East Perth WA 6004
Sold price: $336,000
Sold: 02 Nov 2025
Sold
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1 Bedroom
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1 Bathroom
Apartment
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Calling All INVESTORS!
**This property is currently LEASED for $445 p/w until 6th July 2026**
Positioned in the vibrant heart of East Perth, this well-maintained studio apartment delivers the perfect blend of convenience, comfort and low-maintenance living - An excellent opportunity for investors seeking a ready-made, strong-performing asset with instant return!
Step inside to find a bright, open-plan layout featuring a well-appointed kitchen and a spacious combined living and bedroom area, complete with a convenient pull-out bed. Set within a secure complex, you'll appreciate the added peace of mind offered by electronic gated entry, an intercom system, lift access and communal laundry. Residents also enjoy access to a stunning communal, resort-style swimming pool - perfect for relaxing and unwinding.
Located just moments from the Swan River, Langley Park, Elizabeth Quay, and Perth CBD, everything you need is right at your doorstep. Enjoy free CAT bus services, convenient public transport, vibrant cafés, bars & restaurants, and scenic riverside walkways - All contributing to an unbeatable lifestyle in one of Perth's most desirable inner-city locations.
Strate Fees: $760 p/q approx
* Fully furnished & equipped
* Communal laundry
Property features
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Floor area
29m2
Property snapshot by reiwa.com
This property at 49/138 Adelaide Terrace, East Perth is a one bedroom, one bathroom apartment sold by Paul Ross and Tyron D'Uva at Ross Realty WA on 02 Nov 2025.
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.
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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