9/155 Adelaide Terrace, East Perth WA 6004
9/155 Adelaide Terrace, East Perth WA 6004
2×2 apartment in RISE complex | built 2010 | flood and heritage overlays | Highgate Primary school zone
This unit is positioned within the RISE complex, a 2010 build that offers resort-style amenities such as a pool, gym, and communal spaces, making it a relatively modern and well-appointed option in East Perth. Its configuration as a two-bedroom, two-bathroom apartment with one car space is a standard but functional layout that suits professionals, couples, or downsizers seeking low-maintenance inner-city living. The property’s inclusion in the Highgate Primary and Bob Hawke College catchments adds a layer of appeal for buyers who value access to quality public schooling. Given the building’s age and amenity package, this unit competes strongly within the local apartment market, particularly for those prioritizing convenience to the CBD and river foreshore without compromising on lifestyle features.
The presence of flood and heritage overlays may introduce planning or insurance considerations that could affect long-term flexibility. Without confirmed information on the unit’s aspect or floor level, its outlook might be less distinctive than higher-floor or river-facing lots within the same building, which can influence perceived value. The single car space also positions it as a standard offering rather than a premium one within the complex. Buyers should weigh these factors, as variations in view and floor position often create notable price differentials in high-rise apartment blocks.
Detailed Independent Property Report prepared by PropCred Analyst team for 9/155 Adelaide Terrace, East Perth WA 6004
Checks found:
Value Risk
Liquidity Risk
1
Planning Risk
1
Income Risk
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
2
Bathroom
2
Parking
1
Land
166m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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