110/189 Adelaide Terrace, East Perth WA 6004
110/189 Adelaide Terrace, East Perth WA 6004
panoramic CBD views | Concerto prestige | 142sqm strata space | resort amenity access | premium East Perth corridor
This unit presents a competitive buying case primarily through its uncommon size and modern tower position. The 142sqm strata area offers a living dimension rarely found in two-bedroom apartments, providing a clear advantage for owner-occupiers or investors targeting discerning tenants. Sited within Concerto, a 2017 Finbar tower, it benefits from premium internal finishes and panoramic CBD views that elevate its market position above typical East Perth stock. Resort amenities such as pool, gym, and private dining add lifestyle appeal without sacrificing building quality. This property best serves buyers who value space and view over reduced entry cost.
The key risk lies in ongoing strata costs, which for a full-service high-rise can be substantial and should be reviewed before purchase. Market sensitivity in East Perth apartment stock means value may track broader cycles, though the larger floorplan and newer build buffer downside. Targeting owner-occupiers rather than pure investor demand could strengthen rental stability if required. As a hold, this unit performs best as a primary residence or a long-term investment positioned above the median price point in the precinct.
Detailed Independent Property Report preparedย by PropCred Analyst team forย 110/189 Adelaide Terrace, East Perth WA 6004
Market Insight:
East Perthโs proximity to the CBD and transport infrastructure underpins its desirability. Demand is driven by investors and first-home buyers competing for limited stock, particularly at the market’s lower end, supported by strong population growth. This competition, amid a severe shortage of listings, has accelerated price growth and compressed selling times. Future momentum relies on the persistent supply-demand imbalance, though the primary constraint remains the acute shortage of quality housing stock.