Back 10/122 Terrace Rd
Off Market

10/122 Terrace Rd

Perth WA 6000

1
1
1
34 m²
0 m²
Apartment
Last sold for $185,000
Richard PopRichard Pop, last sold this property on 19 December 2018 after 799 days on market.

Overview

The Golden Kilometre

Perched on the Swan River foreshore overlooking parkland and in the shadow of the city's skyscrapers you will never again find better buying than here in this golden location on Terrace Road. As our wonderful city expands and river front CBD sites become scarcer, expect land prices to rise substantially. Simply look at the other commanding new residential towers along Terrace Road to envisage what the future likely holds! With the upcoming changes to the strata act you will only need 75% majority to be able to redevelop. Be sure to stake your claim in one of the city's best kept secrets here on Terrace Road. For just $259,000 you secure a studio apartment with a rare undercover garage allocated as exclusive use to the lot. Generating around $200 per week the property should yield massive returns in the future as redevelopment pressure builds. This iconic location offers so much upside our principle and is family and associates have invested here for long term gains! Call now to seize your opportunity. Water rates: $819 p/a Shire rates: $1,142.40 p/a Strata levy: $370.25 p/qtr Reserve levy: $150 p/qtr

Features

1 bedroom
1 bathroom
1 carspace
34 m² floor area
0 m² lot size
Apartment

Estimated Value

Based on this property and similar 1 bedroom apartments sold in Perth over the last 12 months, the estimated median property value of 10/122 Terrace Rd is $555k.

Median value
$555k
Estimated value range
$200k - $850k
Median days on market
18
Estimated value trend
23%
increase over the last 12 months
Average days on market is based on recent, comparable sales in 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 10/122 Terrace Rd

2025
Rented
Undisclosed
Leased on 03 Nov 2025 by Mark Hay Realty Group
2025
Rented
Undisclosed
Leased on 09 Feb 2025 by Mark Hay Realty Group
2023
Rented
Undisclosed
Leased on 21 Dec 2023 by Mark Hay Realty Group

Happy sellers in Perth

95%
95% of sellers in Perth reported that their sale price either exceeded or met their price expectations.

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

This is based on voluntary sentiment collected from 61 reviews in Perth over the last 12 months.

Local market activity for 1 bedroom apartments in Perth

In the last 12 months, 152 one-bedroom apartments similar to 10/122 Terrace Rd, have been sold.

This represents a 49% increase in one-bedroom apartments sales when compared to the previous 12 months.

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