Back 1602/238 Adelaide Terrace
Off Market

1602/238 Adelaide Terrace

Perth WA 6000

1
1
1
0 m²
Apartment
Last sold for $640,000
Ahsan MustafaAhsan Mustafa, last sold this property on 08 January 2026 after -5 days on market.

Overview

Luxury High-Rise Apartment with Resort-Style Amenities and Stunning City Views

Discover Apartment 1602 in the newly constructed AT238 complex, completed in 2023. This exceptional north-facing residence features a uniquely enclosed balcony, offering year-round comfort, privacy, and additional living space. Situated on the 16th floor, this thoughtfully designed one-bedroom, one-bathroom apartment spans approximately 65 sqm of efficient living area. It boasts premium finishes, smart technology, and stunning views of Optus Stadium, making it perfect for investors or future homeowners. Key Highlights: - New construction in 2023 within the iconic "AT238" CBD development - Boutique, pet-friendly residential complex - North-facing orientation with scenic Optus Stadium outlooks - Spacious living with an enclosed balcony for versatile use - Seamless indoor-outdoor flow via bi-fold doors - Modern kitchen featuring induction cooktop, rangehood, and stainless steel appliances - Stone benchtops in kitchen and bathroom - Water filter system with flickmixer in the kitchen - Walk-in wardrobe and semi-ensuite bathroom - Elegant bathroom with frameless shower and rain shower head - Separate laundry area - Upgraded hybrid flooring, smart lighting, and recessed LED downlights - Split system air conditioning, keyless entry, and video intercom system - On-site concierge service for added convenience - Secure storage room and ground-level car parking space

Features

1 bedroom
1 bathroom
1 carspace
1 carport space
0 m² floor area
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 1602/238 Adelaide Terrace 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 1602/238 Adelaide Terrace

2026
Sold
$640,000
08 Jan 2026 by Ahsan Mustafa, of Xceed Real Estate
2024
Rented
Undisclosed
Leased on 25 Sep 2024 by Joyce to Rent
2023
Sold
$549,450
Private Sale/Treaty on 15 May 2023 by Neil Kay, of AT238

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, 185 one-bedroom apartments similar to 1602/238 Adelaide Terrace, have been sold.

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

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