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Back 15/126 Terrace Road
Off Market

15/126 Terrace Road

Perth WA 6000

1
1
1
Apartment
Last sold for $480,000
Jeffrey ZhangJeffrey Zhang, last sold this property on 23 June 2025 after 6 days on market.

Overview

Smart Start or Solid Investment

Located along the highly sought-after Terrace Road, 15/126 offers an exceptional opportunity to secure a prime piece of real estate in one of Perth's most desirable riverside settings. This spacious one-bedroom apartment, complete with a versatile study or second bedroom, combines modern city living with unmatched lifestyle appeal. Set within a well-maintained, low-rise complex with low strata levies, it presents excellent value in a blue-chip location. As one of the last large land holdings on Terrace Road available for high-rise redevelopment, this is a strategic buy for first home buyers and savvy investors looking to capitalize on the area's long-term potential. Situated in an established complex, the apartment is in excellent condition, having been previously renovated and updated with a modern finish. The floor plan offers flexibility, with a separate study that functions well as a guest bedroom or home office. Ample storage throughout the home adds to the everyday practicality, making it ideal for comfortable living. The layout provides functional spaces for buyers entering the market or those seeking an easy-care investment in a premier location. With Langley Park and the Swan River just across the road, and the vibrant CBD, Elizabeth Quay, and public transport links all within easy reach, this property promises an enviable lifestyle. Whether you're looking for your first home, a city base, or a strong investment with future development potential, this apartment is an unmissable opportunity in a premier location. Estimated Rental Appraisal - $600 - $620 per week Outgoings: Strata levy + Reserve Fund = $858.60 per quarter (approx.) Water Rates = $994.44 per annum (approx.) Council Rates = $1,327.85 per annum (approx.) Nearby: Langley Park - 50m Mercedes College - 600m Supreme Court Gardens - 700m St George's Terrace - 900m Elizabeth Quay Station - 1.1km Elizabeth Quay - 1.2km Forest Chase Murray Street Mall - 1.3km Perth Convention Centre- 1.6km Highgate Primary School - 2.9km Crown Casino & Hotel - 3.9km Bob Hawke College - 4.8km Perth International Airport - 11.6km For further information, please contact Jeffrey Zhang on 0433 768 779.

Features

1 bedroom
1 bathroom
1 carspace
1 open car space
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 15/126 Terrace Road is $504k.

Median value
$504k
Estimated value range
$190k - $777k
Median days on market
16
Estimated value trend
15%
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 15/126 Terrace Road

2025
Rented
Undisclosed
Leased on 27 Aug 2025 by Ray White Inner North
2025
Sold
$480,000
23 Jun 2025 by Jeffrey Zhang, of Realty One Winthrop
2023
Rented
Undisclosed
Leased on 01 Jun 2023 by Vivid Property Perth

Happy sellers in Perth

92%
92% 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 113 reviews in Perth over the last 12 months.

Local market activity for 1 bedroom apartments in Perth

In the last 12 months, 186 one-bedroom apartments similar to 15/126 Terrace Road, have been sold.

This represents a 44% increase in one-bedroom apartments sales when compared to the previous 12 months.

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