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7/124 Terrace Road, Perth WA 6000

Sold price: $180,000 Sold: 19 May 2019
Sold
  • 1 Bedroom
  • 1 Bathroom
House

Blue Chip Location

You no longer need to wait to be able to afford your own piece of premium property on Perth’s most sought after river foreshore locations. Investors and occupiers alike continue to look towards the future to grab their slice of Perth’s hottest property in this premium Terrace Rd precinct.
This amazing location in the shadow of sky scrapers sits opposite from the Swan River, and is ideal for those wanting to let their creative juices flow with a clever make up.
This entry level priced apartment is on the ground floor and boasts polished jarrah flooring and a tidy kitchen and bathroom. This a perfect opportunity to buy and sit, enjoying constant rental demand to keep any investor happy.
With all the redevelopment of the Elizabeth Quay and Causeway set to add immense value to the region, this location is prime for high growth.
There is no better time to buy when the market has reached the bottom of the property cycle, so don’t hesitate to act fast to ask for a viewing and secure this ideal abode with unlimited blue sky potential!

Property features

  • Floor area 33m2

Property snapshot by reiwa.com

This property at 7/124 Terrace Road, Perth is a one bedroom, one bathroom house sold by Daniel Porcaro at Mark Hay Realty Group on 19 May 2019.

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: $1,148 / year
  • Water rates: $837 / year
  • Strata fees: $545 / quarter

Nearby schools

0.4km
Mercedes College
  • Secondary
  • Non-government
1.1km
St George's Anglican Grammar School
  • Secondary
  • Non-government
1.5km
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 $1.2m
Median $945k
Low end $888k
3.6 %
Annual growth
$945k
Annual median sales price
$700pw
Annual median rental price

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FAQ's

7/124 Terrace Road, Perth is a 1 bedroom, 1 bathroom house.

7/124 Terrace Road, Perth sold on 19/5/2019 for $180,000.
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