63/100 Terrace Road, East Perth WA 6004
63/100 Terrace Road, East Perth WA 6004
3 bed, 2 bath, 2 car | 197 m² riverfront apartment | Level 20 panoramic views | Premium owner-occupier format
This apartment is competitively rare in East Perth, where most stock is smaller investor-oriented units. Its 197 m² floorplan, two secure car bays, and renovated finishes position it clearly for owner-occupiers seeking a genuine home rather than an investment box. The level 20 elevation delivers unobstructed Swan River, city skyline, and Kings Park views, which are scarce even in this riverfront precinct. Resort-style amenities including pool, gym, sauna, and tennis court add lifestyle depth, while the walkable proximity to Elizabeth Quay and the CBD makes it a strong fit for downsizers, executives, or affluent families wanting central living without compromise.
The property’s value may be influenced by strata fees typical of a premium high-rise building, which should be reviewed for long-term affordability. The large floor area and two car bays are uncommon advantages, but they may narrow the buyer pool to those who specifically seek space and parking. Views are a key value driver, so any future development that could partially obstruct the outlook might affect desirability. The renovated finishes reduce immediate cost but should be inspected for quality and wear. These factors warrant careful consideration when forming a view on price.
Detailed Independent Property Report prepared by PropCred Analyst team for 63/100 Terrace Road, East Perth WA 6004
Checks found:
Value Risk
1
Liquidity Risk
Planning Risk
1
Income Risk
1
Execution Risk
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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
3331m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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