Back 220/305 Murray Street
Off Market

220/305 Murray Street

Perth WA 6000

1
1
1
36 m²
Apartment
Joshua YounJoshua Youn, last sold this property on 05 March 2026 after 175 days on market.

Overview

Investment Opportunity Only - Not Suitable for Owner Occupiers

Centrally located in the heart of Perth's vibrant CBD, this one-bedroom apartment offers a highly appealing investment opportunity exclusively for buyers seeking strong short-term rental returns. Managed by The Oaks Perth Hotel, the property is ideal for investors targeting the tourism, corporate, and event-driven accommodation market. With consistent demand from business travellers, tourists, and event-goers, this apartment benefits from its prime position near public transport, entertainment precincts, dining hubs, and major corporate centres. Its central location ensures year-round occupancy potential, making it an ideal addition to any property portfolio. The apartment features a smart, low-maintenance design with a spacious bedroom complete with built-in robes and split-system air-conditioning. The modern bathroom includes a full-size bath/shower combination highlighted by striking deep-blue feature tiles. A practical kitchenette is equipped with an electric cooktop, sink, and overhead storage, while the open-plan living and dining area creates a welcoming space that connects seamlessly to the kitchen. With 36sqm of internal space, this is a true set-and-forget investment. Secure and well-maintained, the property offers peace of mind in an inner-city setting and is just a short stroll from Perth's top attractions, shopping precincts, restaurants, and transport links. Whether you're entering the market or expanding your investment portfolio, this CBD-based apartment offers exceptional convenience, professional management, and the potential for strong short-term rental returns through dynamic pricing and occupancy strategies. Outgoings: Water Rates: $1,599.78 p.a. Council Rates: $1,335.65 p.a. Shire: City of Perth For more information, contact Joshua Youn at 0413 153 593 or Tim Huynh at 0450 435 854. Disclaimer: All information contained has been prepared for advertising and marketing purposes only and is not intended to form part of any contract. Whilst every effort is made for the accuracy of this information, which is believed to be correct, neither the Agent nor the client nor employees of both, guarantee their accuracy and accept no responsibility for the result of any actions taken, or reliance placed upon this document. Interested parties should make independent enquiries and rely on their personal judgement to satisfy themselves in all respects.

Features

1 bedroom
1 bathroom
1 carspace
36 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 220/305 Murray Street is $525k.

Median value
$525k
Estimated value range
$210k - $850k
Median days on market
16
Estimated value trend
18%
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 220/305 Murray Street

2026
Sold
Undisclosed
Private Sale/Treaty on 05 Mar 2026 by Joshua Youn, of Nexus Realty

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 118 reviews in Perth over the last 12 months.

Local market activity for 1 bedroom apartments in Perth

In the last 12 months, 180 one-bedroom apartments similar to 220/305 Murray Street, have been sold.

This represents a 41% increase in one-bedroom apartments sales when compared to the previous 12 months.

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