39/54 Mill Point Road, South Perth WA 6151

39/54 Mill Point Road, South Perth WA 6151
3 bedrooms, 2 bathrooms, 113 m² | flood and heritage overlays present | larger apartment in South Perth | near Swan River and CBD This three-bedroom apartment stands out for its size and configuration. At 113 square metres with two bathrooms and an open-plan living area connecting to a private balcony, it offers more space than typical investor-oriented stock in the area. The master suite with ensuite and secure parking add to its appeal for owner-occupiers, particularly families or downsiders seeking inner-city convenience without sacrificing room to move. Its location near the Swan River, Perth CBD, cafes, and public transport supports strong lifestyle amenity, while the small complex of 33 properties suggests a quieter, more established setting than larger high-rise developments. The flood and heritage overlays detected for this property may affect future renovation or redevelopment flexibility, and any buyer should understand what these designations permit before committing. The lack of specified floor level, building age, or apartment aspect means the unit’s light, noise, and outlook cannot be fully assessed from available information, so an in-person inspection to evaluate these factors is advisable. Without confirmed strata fees or recent comparable sales, forming a precise view on price requires direct due diligence on outgoings and recent transactions within the building or immediate vicinity.
Detailed Independent Property Report prepared  by PropCred Analyst team for 39/54 Mill Point Road, South Perth WA 6151
Checks found:
Value Risk
Liquidity Risk 2
Planning Risk
Income Risk 2
Execution Risk ! 1
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Insight: South Perth WA 6151

South Perth is a premium riverside suburb offering exceptional lifestyle and CBD proximity. Demand is driven by downsizers, interstate migrants, and those priced out of eastern capitals, competing for limited stock in a chronically undersupplied market. This has fuelled strong recent price growth across housing segments. Future growth is underpinned by sustained migration and low vacancy rates, though key constraints include declining affordability and a persistent shortage of listings, particularly at entry-level price points.
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PropCred Estimated Value

Bedrooms

3

Bathroom

2

Parking

1

Land

113m²

Research & Review Prepared by Steve Dalton, Senior Analyst · Reviewed by Matt Proctor, Principal Analyst
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