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Back 122/45 Adelaide Terrace
Off Market

122/45 Adelaide Terrace

East Perth WA 6004

1
0 m²
33 m²
Studio
Last sold for $380,000
James YeomanJames Yeoman, last sold this property on 23 March 2026 after 5 days on market.

Overview

Light and Bright and Affordable

Click "Enquire", "Get in touch" or "Email Agent' for floor plan and strata information sent directly to your email. Make an Offer or become an Observer on Openn.com: https://anz.openn.com/app/l/8HBx Positioned in one of East Perth's most recognisable riverfront addresses, this light and bright studio apartment at 45 Adelaide Terrace presents an outstanding opportunity for first home buyers, city-based professionals, and investors seeking a secure, income-producing asset in a prime location. Recently refreshed, the apartment features a renovated kitchen and bathroom, delivering a modern, updated interior that enhances everyday living. The smart open-plan layout is designed for simplicity and functionality, creating a comfortable living and sleeping space suited to an easy, low-maintenance lifestyle. With a quality tenant already in place paying $500 per week and a lease secured through to November 2026, this is a ready-made investment offering immediate returns. First home buyers also have the flexibility to purchase now and plan ahead to move in once the lease concludes. Located just moments from the Swan River, Langley Park, and Elizabeth Quay, the lifestyle on offer is exceptional. Enjoy easy access to cafes, restaurants, shopping, and public transport, with free CAT bus services nearby providing seamless connectivity into the Perth CBD. Studio apartments in this building remain consistently sought after due to their affordability and premium location, making this an excellent option for those looking to enter the market or add a low-maintenance, high-demand property to their portfolio.

Features

1 bathroom
0 m² floor area
33 m² lot size
Studio

Estimated Value

Based on this property and similar studios sold in East Perth over the last 12 months, the estimated median property value of 122/45 Adelaide Terrace is $338k.

Median value
$338k
Estimated value range
$310k - $380k
Median days on market
30
Estimated value trend
37%
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 122/45 Adelaide Terrace

2026
Sold
$380,000
23 Mar 2026 by James Yeoman, of KPR Perth
2025
Rented
Undisclosed
Leased on 12 Nov 2025 by KPR Perth
2025
Rented
Undisclosed
Leased on 12 Nov 2025 by KPR Perth

Happy sellers in East Perth

94%
94% 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 80 reviews in East Perth over the last 12 months.

Local market activity for studios in East Perth

In the last 12 months, 3 studios similar to 122/45 Adelaide Terrace, have been sold.

This represents a 34% increase in studios sales when compared to the previous 12 months.

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in East Perth

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Jordan Cardozo

Jordan Cardozo is a recommended agent for East Perth.  They have 2 local sales and collected 26 local reviews across the last 12 months.

  •   5   (34 reviews)
  •  26 Reviews in East Perth
  •  2 Sales in East Perth
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Brendon Habak

Sellers who recommend Brendon Habak have praised them for being local expert, clear communication, reliable, responsive, great negotiation, well-prepared and honest

  •   4.9   (185 reviews)
  •  12 Reviews in East Perth
  •  34 Sales in East Perth
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Allen Ang

Sellers who recommend Allen Ang have praised them for being local expert, hard-working, supportive, responsive, detail-oriented, clear communication and patient

  •   4.9   (48 reviews)
  •  11 Reviews in East Perth
  •  22 Sales in East Perth
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Tama MacFater

Sellers who recommend Tama MacFater have praised them for being clear communication and supportive

  •   4.9   (22 reviews)
  •  7 Reviews in East Perth
  •  8 Sales in East Perth
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