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Back 1/128 Brown Street
Off Market

1/128 Brown Street

East Perth WA 6004

1
1
0 m²
Apartment
Last sold for $217,000
Brad TriplettBrad Triplett, last sold this property on 30 April 2023 after 41 days on market.

Overview

OPENING DOORS FOR NON-PROPERTY OWNERS

- FIXED SHARED EQUITY (70% SHARE FOR SALE) - SHARED HOME OWNERSHIP - BOUTIQUE COMPLEX OF 21 UNITS - OPTION FOR PARKING PERMIT (SUBJECT TO CITY OF PERTH APPROVAL) - WALK ABSOLUTELY EVERYWHERE - READY TO MOVE RIGHT IN - VIEWING ESSENTIAL We are thrilled to bring this exciting buying opportunity to the market. This fresh, bright and fantastic ‘Urbano Uno’ apartment is perfect as your first home. Don’t miss your chance to own your own piece of the Perth property market. With a sale price of $310,000, you can purchase a 70% Fixed Shared Equity of the property ($217,000), whilst the State Government acts as your silent partner. Located in the heart of East Perth, this apartment is ready to move into. Complementing this apartment is its location. City living is about to get a whole lot better with residents being spoilt for choice with an array of café’s, bars and restaurants within Claisebrook Village and Royal Street, whilst Optus Stadium, Perth City, Mount Lawley and Northbridge are just moments away. Shared home ownership and the Shared Key Start home loan are not limited to first home buyers, however other conditions apply. This scheme is ideal for singles earning up to $70,000 and up to $90,000 for families and couples. Benefits through this program include: - Low deposit of $2,000 or 2% of purchase price for first home buyers - Low deposit of $2,000 or 2% of purchase price plus stamp duty & fees for non-first homebuyers - No saving history required - No lenders mortgage insurance - No monthly account keeping fees Before checking your eligibility with Keystart, you must meet the following criteria: - Be a Permanent Resident or Citizen of Australia - Live within the Perth Metro area for a minimum of 6 months - Employed with your current employer for a minimum of 6 months - Investors are not eligible To find out if you are eligible to purchase a shared home ownership property under the Scheme, and for full terms and conditions contact Keystart on 1300 578 278 or email info@keystart.com.au. Features: • 1 Bed, 1 Bath • 49sqm internal living • Private 12sqm balcony with south-facing views • Level 1 • Lots of natural light • Modern galley-style kitchen with stainless steel appliances & stone bench tops • Double size bedroom with mirrored built-in robes • Air-conditioning to living area • Separate secure 2sqm storeroom • Secure complex with intercom access • Walking distance to countless bars, restaurants and shopping hubs throughout Perth and Northbridge • 350m to Claisebrook Train Station • 1.1km to Mercedes College • 1.1km to Royal Perth Hospital • 1.4km to Perth CBD • 1.8km to Optus Stadium • 2.2km to Trinity College • 10.0km to Perth Airport Water Rates: $1,179.78 p/a approx. Shire Rates: $1,526.95 p/a approx. Strata Rates: $884.58 p/q

Features

1 bedroom
1 bathroom
0 m² lot size
Apartment

Estimated Value

Based on this property and similar 1 bedroom apartments sold in East Perth over the last 12 months, the estimated median property value of 1/128 Brown Street is $513k.

Median value
$513k
Estimated value range
$285k - $702.41k
Median days on market
17
Estimated value trend
19%
increase over the last 12 months
Average days on market is based on recent, comparable sales in East Perth. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 1/128 Brown Street

2023
Sold
$217,000
30 Apr 2023 by Brad Triplett, of Arena Real Estate

Happy sellers in East Perth

91%
91% of sellers in East Perth reported that their sale price either exceeded or met their price expectations.

East Perth stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 66 reviews in East Perth over the last 12 months.

Local market activity for 1 bedroom apartments in East Perth

In the last 12 months, 93 one-bedroom apartments similar to 1/128 Brown Street, have been sold.

This represents a 43% increase in one-bedroom apartments sales when compared to the previous 12 months.

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Allen Ang

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