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Back 2/48 Forrest St
Off Market

2/48 Forrest St

South Perth WA 6151

3
1
1
120 m²
Villa
Last sold for $820,000
Josh RobertsJosh Roberts, last sold this property on 14 May 2026 after 28 days on market.

Overview

South Perth Villa In Small Complex Of 4

Positioned within one of South Perth's most sought-after and tightly held streets, this three-bedroom villa is located within a small complex of just four residences and offers a practical, low-maintenance lifestyle in a convenient setting. Currently leased at $650 per week until 12/02/2027, this property provides a secure rental return for investors seeking an established tenancy in a highly desirable location. Timber-look flooring is featured throughout the home. The air-conditioned living and dining area enjoys an outlook to the front garden and the kitchen offers ample storage and a servery through to the dining space. All three bedrooms are generously sized, along with a separate laundry for convenience and a private courtyard for entertaining guests or winding down, plus undercover parking and a front garden. South Perth is a well-established suburb offering a mix of residential streets, parklands, the Swan River and convenient access to the CBD. It is well serviced by public transport and provides access to local amenities, schools and recreational facilities. The Details That make The Difference: - 3 bedrooms, 1 bathroom villa - Complex of only 4 residence - Spacious air-conditioned living and dining area - Private rear courtyard for low-maintenance outdoor living - Current lease in place at $650pw until 12/02/2027 - Total area: 120sqm (Internal: 74sqm | Courtyard: 24sqm | Carport: 16sqm | Porch: 6sqm ) Location Highlights: - Directly opposite South Perth Primary School - Approx. 750m to Wesley College - Approx. 1km to Royal Perth Golf Club - Approx. 1.5km to South Perth foreshore - Appro. 1.7km to Mend Street Jetty - Approx. 2km to South Perth foreshore entertainment and dining precinct - Well connected to major roads for accessible commuting - Easy access to Perth CBD and public transport routes The Numbers: - Water: $1,219.70 p/a - Council: $2,386.12 p/a This property provides an opportunity to secure a villa in a small South Perth complex, with the benefit of an established tenancy and convenient access to local amenities and the CBD. Contact Josh Roberts on 0403 879 855 or jroberts@arenare.com.au or contact Sean Roberts on 0477 172 138 or sroberts@arenare.com.au to arrange your private viewing.

Features

3 bedrooms
1 bathroom
1 carspace
1 carport space
120 m² floor area
Villa

Estimated Value

Based on this property and similar 3 bedroom villas sold in South Perth over the last 12 months, the estimated median property value of 2/48 Forrest St is $1.02m.

Median value
$1.02m
Estimated value range
$697k - $1.59m
Median days on market
26
Estimated value trend
19%
increase over the last 12 months
Average days on market is based on recent, comparable sales in South 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 2/48 Forrest St

2026
Sold
$820,000
14 May 2026 by Josh Roberts, of Arena Real Estate
2018
Rented
Undisclosed
Leased on 29 Apr 2018 by Rance Real Estate
2017
Rented
Undisclosed
Leased on 21 Dec 2017 by Rance Real Estate

Happy sellers in South Perth

89%
89% of sellers in South Perth reported that their sale price either exceeded or met their price expectations.

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

This is based on voluntary sentiment collected from 51 reviews in South Perth over the last 12 months.

Local market activity for 3 bedroom villas in South Perth

In the last 12 months, 8 three-bedroom villas similar to 2/48 Forrest St, have been sold.

This represents a 80% decrease in three-bedroom villas sales when compared to the previous 12 months.

Nearby agents

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Dean Sims

Sellers who recommend Dean Sims have praised them for being local expert, clear communication, responsive, friendly, supportive, well-prepared and honest

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David Coldham

David Coldham is an award winning recommended agent for South Perth.  They have 7 local sales and collected 7 local reviews across the last 12 months.

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Tony de Graaf

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  •   4.9   (349 reviews)
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Agatha Hong

Agatha Hong is a recommended agent for South Perth.  They have 3 local sales and collected 5 local reviews across the last 12 months.

  •   5   (12 reviews)
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