7/152 Mill Point Road, South Perth WA 6151
7/152 Mill Point Road, South Perth WA 6151
Full-floor apartment | Boutique tenโunit block | Resort amenities | River and zoo outlook | Flood overlay present
This is a genuinely rare apartment configuration. At 128 square metres with three bedrooms, two bathrooms, and two car spaces, it is significantly larger and more private than typical South Perth units. Being one of only about ten apartments in the Excelsior complex, and occupying a full floor, it offers a level of exclusivity and spatial separation that suits downsizers, professional couples, or executives seeking lowโdensity living without leaving the inner city. The resortโstyle common facilitiesโlap pool, tennis court, gym, function roomsโadd a lifestyle dimension that sets this property apart from standard apartment stock. Its riverfront proximity and treeโtop outlook over the Perth Zoo reinforce a premium, established neighbourhood character that commands strong ownerโoccupier demand.
The presence of a flood management overlay may affect future development applications or insurance considerations, and this should be investigated before any commitment. The propertyโs position on Mill Point Road, while offering excellent access to the foreshore and ferry, may also expose it to traffic noise that could be more noticeable than in quieter sideโstreet locations. These factors do not necessarily diminish value, but they are real attributes a buyer should weigh when forming a view on price. The fullโfloor configuration and low building count are genuine differentiators that support a premium over typical apartment product in the area.
Detailed Independent Property Report preparedย by PropCred Analyst team forย 7/152 Mill Point Road, South Perth WA 6151
Market Insight:
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.