17/143 Adelaide Terrace, East Perth WA 6004
17/143 Adelaide Terrace, East Perth WA 6004
1 bed 1 bath 1 car | 66sqm modern build | Flood and heritage overlay | Tenanted at $600/week until mid 2026
This unit sits in a well-regarded 2011 complex on Adelaide Terrace, offering a practical floorplan that avoids the micro-apartment trend common in inner-city stock. Its size, parking allocation, and digital connectivity make it a strong option for owner-occupiers wanting a genuine one-bedroom home or investors seeking stable rental demand. The current tenancy at $600 per week until August 2026 provides immediate income certainty, while the property’s position in a sought-after complex supports ongoing interest from downsizers and professionals who value proximity to the city without sacrificing living space.
The flood and heritage overlays on the parcel may influence future renovation costs or insurance premiums, so these should be investigated before committing. The building’s 2011 construction means it is newer than much of the surrounding stock, but the 0.58% annual growth figure from a comparable unit in the same complex suggests capital appreciation has been modest. The asking price of $569,000 sits below a recent $606,000 sale in the same building, which might indicate a pricing opportunity or reflect differences in floor level, aspect, or internal condition that warrant closer inspection
Detailed Independent Property Report preparedย by PropCred Analyst team forย 17/143 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.