44/149-151 Adelaide Terrace, East Perth WA 6004

44/149-151 Adelaide Terrace, East Perth WA 6004
2 bed, 2 bath, 1 car | 120 m² floorplan | Resort-style complex | CBD-edge, river precinct | Premium amenity living This unit stands out for its generous 120 m² layout, which is noticeably larger than much of the apartment stock in East Perth. The Saffron Apartments complex offers a full amenity package—pool, gym, sauna, BBQ pavilion, secure parking, and lift access—which supports both comfortable owner-occupier living and strong rental appeal. The building’s mix of configurations and the clear premium placed on higher floors and north-facing aspects suggest that well-oriented units hold their value better. This property likely suits professionals, couples, or downsizers seeking a low-maintenance home with city convenience and river proximity, without sacrificing space or quality. The exact floor level and aspect for this particular unit are not confirmed, and those two factors will materially shape its outlook, light, and ultimately its price. Units with dual-aspect balconies or elevated river views command a noticeable premium in this building, so the final value may swing meaningfully depending on where this unit sits. Fitout quality, including stone benchtops, modern appliances, and air conditioning, appears consistent with contemporary expectations, but any renovation or presentation differences versus other listings could influence buyer perception. Strata costs, typical for an amenity-rich complex, should also be weighed into the ongoing holding picture. || Comparable Sales: 3/2/1 at $739k, 3/2/2 at $790k in same complex | Property Price Band: $700k–$800k | Value Drivers: Floor level, aspect, internal condition, amenity access
Detailed Independent Property Report prepared  by PropCred Analyst team for 44/149-151 Adelaide Terrace, East Perth WA 6004
Checks found:
Value Risk ! 1
Liquidity Risk
Planning Risk 2
Income Risk ! 1
Execution Risk ! 1
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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

Comparable Sales: 3/2/1 at $739k, 3/2/2 at $790k in same complex | Property Price Band: $700k–$800k | Value Drivers: Floor level, aspect, internal condition, amenity access

Bedrooms

2

Bathroom

2

Parking

1

Land

120m²

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