2001/237 Adelaide Terrace, Perth WA 6000

2001/237 Adelaide Terrace, Perth WA 6000
Level 20 panoramic views | North-east light | Miele kitchen | Rooftop amenities | Vibrant inner-city precinct This unit presents a compelling inner-city proposition defined by its elevated aspect and premium finishes. The north-east orientation and Level 20 position secure exceptional natural light and sweeping river views, a rare combination that underpins enduring appeal. With Miele appliances, ducted air conditioning, and access to building amenities like a lap pool and gym, the specification targets an owner-occupier or investor seeking a low-maintenance, high-amenity lifestyle. Its location steps from Langley Park and dining precincts solidifies its convenience premium, making it particularly suitable for professionals or downsizers. Decision hinges on navigating identified flood and heritage overlays, which require immediate due diligence for potential restrictions and insurance implications. The quarterly strata costs are material and must be factored into holding calculations. The upcoming ECU campus offers a tangible growth catalyst for rental demand and capital appreciation. This property justifies a long-term hold; its view and aspect are irreplaceable attributes that will consistently outperform more generic stock in the area, supporting both rental yield and eventual resale value.

Independent, Unbiased Research from  our PropCred Analyst team 

Market Insight:

Perth’s inner-ring suburbs are positioned as highly competitive, transport-connected locations. Demand is driven by equity-rich upgraders, downsizers, and investors, alongside first-home buyers contending with rapid entry-level price rises. The market exhibits exceptionally strong price growth and tight conditions, with listings far below long-term averages and properties selling rapidly. Future growth is supported by sustained population increases and critically low rental vacancy rates, though key risks include significant affordability constraints and potential sensitivity to interest rate movements.

PropCred Estimated Value

Bedrooms

2

Bathroom

2

Parking

1

Land

109m²

Built

Recent Assessments