14/118 Mounts Bay Road, Perth WA 6000
14/118 Mounts Bay Road, Perth WA 6000
2-bed, 1-bath, 1-car unit | 1999 build in Mounts Bay Village | Kings Park and river proximity | Retirement/standard complex mix | Bushfire and flood overlays present
This property occupies a well-regarded pocket at the western edge of Perth’s CBD, where Kings Park and the Swan River create a genuinely desirable lifestyle setting. The unit is part of a late-1990s complex that offers resort-style amenities like a pool, gym, and tennis court, which is uncommon for inner-city apartments of this vintage. Its configuration as a two-bedroom, one-bathroom unit with a single car bay suits both downsizers seeking low-maintenance living and professionals wanting immediate access to the city, parklands, and river. The catchment for Subiaco Primary School and Bob Hawke College adds further appeal for buyers prioritising location-based schooling options. The complex’s leafy, shaded streetscape and internal positioning away from Mounts Bay Road traffic strengthen its liveability.
Several factors may influence the property’s value and should be weighed carefully. The building’s age means some finishes could be dated unless recently renovated, and the unit’s specific floor level, aspect, and view remain unverified, all of which can significantly affect desirability and price within the same complex. The presence of bushfire, flood, and heritage overlays introduces potential constraints on future renovations or insurance costs. While the retirement aged-care classification on the profile may affect financing or buyer eligibility, the broader complex appears to operate as standard residential apartments. A buyer should confirm the unit’s exact position and condition before forming a price opinion, as these variables can shift value meaningfully.
Detailed Independent Property Report prepared by PropCred Analyst team for 14/118 Mounts Bay Road, Perth WA 6000
Checks found:
Value Risk
✓
Liquidity Risk
!
1
Planning Risk
✓
Income Risk
!
1
Execution Risk
✓
Perth WA 6000
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
1
Parking
1
Land
111m²
Assessments Delivered Today
54 Glenelg Drive, Brassall QLD 4305
large suburban block | older lowset house | dual-income potential via granny flat | strong rental demand | family-friendly pocket This...89 Captain Sturt Parade, Hindmarsh Island SA 5214
Large-lot lifestyle house | direct water access | boating-oriented demand | strong land component | limited on-island services This...20 Northpoint Close, Robina QLD 4226
family-sized detached house | Varsity College catchment | solar and pool potential | above-average lot and build size | strong...4 Mandara Court, Cannonvale QLD 4802
4 bed | 2 bath | dual-living potential | elevated outlook | quiet cul-de-sac This property sits within a...9 Thames Drive, Reynella SA 5161
3-bed 1962 brick home | 160m² on a 408m² corner block | below-median entry price for the suburb | suited...58 Bertha Street, Merrylands NSW 2160
Detached house on mid-sized block | Older single-storey character stock | Good street position in established family suburb | Owner-occupier...
Research & Review
Prepared by Steve Dalton, Senior Analyst
·
Reviewed by Matt Proctor, Principal Analyst