1504/53 Labouchere Road, South Perth WA 6151

2 bed 2 bath 2 car high-rise | 15th floor river and city views | Premium amenity building built 2017 | Flood overlay recorded | Wide area and value estimate range This apartment is competitively positioned as a newer, larger, and amenity-rich unit in South Perth, a suburb where high-rise living with dual parking and panoramic views is uncommon in the standard stock. The combination of a 2017 build, floor-to-ceiling windows, secure parking, and resort-style facilities like an infinity pool and gym makes it a strong fit for downsizers, professional couples, or investors seeking a low-maintenance, lock-and-leave base close to the CBD and foreshore. Being on the 15th floor with Swan River and city outlooks adds a scarcity factor that lifts its appeal above typical suburban units, serving buyers who prioritise lifestyle and convenience over land. Value may be materially affected by the recorded flood overlay and the wide discrepancy in reported internal area, which could create uncertainty for lenders or future buyers. The property’s premium price point relative to its own 2017 sale history suggests strong capital growth, but the lack of consistent comparable sales means the current value is best assessed through an independent appraisal rather than relying on broad estimates. The two car bays and storage are genuine advantages in this segment, though they may not fully offset the risk of strata fee increases in a high-rise building.