157/143 Adelaide Terrace, East Perth WA 6004
157/143 Adelaide Terrace, East Perth WA 6004
3×2 with 2 car bays in a central location | built 2011 with modern fit-out | appeals to owner-occupiers and downsizers | flood and heritage overlays noted
This apartment is competitively strong for its generous three-bedroom, two-bathroom configuration with two secure car spaces, which is rare in an inner-city highrise setting. The 2011 build places it in a modern era with solid amenities like gym access, air conditioning, and an outdoor entertainment area, making it a practical choice for professionals or downsizers who want space without sacrificing location. The central East Perth address on Adelaide Terrace offers proximity to the CBD and river fringe, and the two-car parking is a notable edge that broadens its appeal to households needing vehicle flexibility.
The value of this property may be affected by its exposure to flood management and heritage protection planning controls, which could influence future renovation or development potential. The reported size inconsistency between sources suggests careful verification of the actual floor area is warranted, as this can impact both livability and resale perception. The prior sale at $785,000 in May 2025 provides a recent transaction reference, but buyers should weigh how that aligns with current market conditions and the property’s specific condition upon inspection.
Detailed Independent Property Report prepared by PropCred Analyst team for 157/143 Adelaide Terrace, East Perth WA 6004
Checks found:
Value Risk
2
Liquidity Risk
2
Planning Risk
2
Income Risk
2
Execution Risk
2
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Market Insight
East Perth’s 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.
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PropCred Estimated Value
Bedrooms
3
Bathroom
2
Parking
2
Land
148m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
·
Reviewed by Matt Proctor, Principal Analyst
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