18/1331 Hay St

Off Market

18/1331 Hay St

West Perth WA 6005

84 m²

Apartment

Last sold for $505,000

Kennie Chung, last sold this property on 28 August 2026 after 18 days on market.

Overview

Premium West Perth Investment - Fully Furnished with Secure Returns

Positioned on the 4th floor of a boutique complex, 18/1331 Hay Street offers a sophisticated urban lifestyle or a high-performing addition to your property portfolio. Located in the highly sought-after West Perth corridor, this fully furnished apartment perfectly balances city-edge convenience with a low-maintenance, corporate-appeal design. Whether you are looking to secure a future inner-city base or a reliable, high-yield investment, this property represents a premier opportunity in a tightly held market. Property Highlights: - Fully Furnished: Being sold with a complete furniture package, ensuring a seamless, turnkey asset with zero immediate fit-out costs. - Elevated Position: Situated on the 4th floor, offering a pleasant outlook and excellent natural light. - Boutique Complex: Located in a well-maintained building of only 26 units, built in 2006, offering a quieter community feel than massive high-rise developments. - Common Outdoor Area: Residents enjoy access to a shared outdoor space, perfect for relaxing or fresh air. - Unbeatable Location: Situated on Hay Street, you are steps from West Perth's vibrant cafe strip, beautiful Kings Park, the Red CAT bus route, and the heart of the Perth CBD. Investment Profile: This property is the definition of a "set and forget" investment, offering exceptional cash flow and immediate returns from day one. - Current Rent: $680.00 per week - Lease Status: Securely tenanted until 12/03/2027. - High Demand: West Perth consistently attracts high-quality corporate tenants, medical professionals, and inner-city workers. The Numbers: - Council Rates: $1,697.10 annually - Water Rates: $197.44 bi-monthly - Strata Fees: $1,733.90 per quarter Agent's Note: With a secure, high-yield tenancy locked in until early 2027 at $680 per week, this is a rare, low-risk opportunity to purchase into a premium West Perth address. The boutique nature of the 26-unit complex ensures long-term scarcity and steady capital growth potential in a booming Perth market. Contact the Agents To arrange a private inspection or request a digital information pack, please contact: - Nick Chua - 0425 545 105 - nick.chua@mpropertymgt.com.au - James Low - 0421 630 279 - james.low@mpropertymgt.com.au

Features

1 bedroom

1 bathroom

1 carspace

84 m² floor area

Apartment

Estimated Value

Based on this property and similar 1 bedroom apartments sold in West Perth over the last 12 months, the estimated median property value of 18/1331 Hay St is $565k.

Median value

$565k

Estimated value range

$320k - $800k

Median days on market

Estimated value trend

35%

increase over the last 12 months

Average days on market is based on recent, comparable sales in West 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 18/1331 Hay St

2026

Sold

$505,000

Private Sale/Treaty on 28 Aug 2026 by Kennie Chung, of CC Property advisory

2021

Rented

Undisclosed

Leased on 12 Apr 2021 by Blackburne

2018

Rented

Undisclosed

Leased on 26 Apr 2018 by Blackburne

Happy sellers in West Perth

95%

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

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

This is based on voluntary sentiment collected from 45 reviews in West Perth over the last 12 months.

Local market activity for 1 bedroom apartments in West Perth

In the last 12 months, 51 one-bedroom apartments similar to 18/1331 Hay St, have been sold.

This represents a 52% increase in one-bedroom apartments sales when compared to the previous 12 months.

Sold

For Sale

For Rent

Interested in selling?

People are reaching out to these agents in West Perth for a free market appraisal.

Richard Self

at Mack Hall Real Estate in association with Knight Frank

4.9

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James Thompson

at Haiven Property South

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(414 reviews)

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Terry Lu

at Realestate 88

(15 reviews)

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