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Back 23/165 Derby Rd
Off Market

23/165 Derby Rd

Shenton Park WA 6008

2
1
1
Apartment
Last sold for $547,000
Walter IustiniWalter Iustini, last sold this property on 22 October 2025 after 58 days on market.

Overview

Stylish Investment in the Heart of Shenton Park

Positioned on the second floor of a boutique complex, this fully furnished 2-bedroom 74m2 apartment built in 1969 delivers an enviable combination of space, light, and lifestyle. From its elevated position, you'll enjoy leafy treetop views across Rosalie Park and beyond, with Kings Park's walking trails within walking distance. Currently leased until July 2026 at $630 per week, this property offers immediate income security - a rare opportunity for investors wanting strong rental returns in a sought-after location. Downsizers, too, will appreciate the lock-and-leave simplicity and proximity to cafés, shops, and medical facilities. Inside the apartment Step into a sun-drenched open plan living and dining zone that flows seamlessly into the kitchen. The kitchen itself retains its original charm, with electric cooking and plenty of cabinetry, ready to use now or update to your own taste. Two generously sized bedrooms provide excellent accommodation. The oversized bathroom/laundry is a standout, complete with bathtub, ample storage, and even a washer-dryer included. An electric wall heater keeps mornings warm and comfortable through the cooler months. In the complex This boutique group of just 36 apartments is known for its friendly community and well-kept grounds. Visitor parking makes entertaining easy. The lifestyle From here, you can wander through tree-lined streets filled with character homes, pop into local cafés and restaurants, or do your shopping within easy walking distance. Public transport is right at your doorstep, Subiaco is just minutes away, and CBD is within quick reach. Rosalie Primary School, Shenton College, UWA, Perth Children's, Hospital and Sir Charles Gardiner Hospital are all close by, adding further appeal for both families and tenants. Key Features at a Glance: Fully furnished 2-bedroom apartment Open plan living/dining with natural light throughout Large bathroom/laundry with washer-dryer, electric heater & bathtub Air conditioner in the main living area Secure undercover car bay + visitor parking Boutique complex of 36 with landscaped grounds This apartment offers the best of both worlds - strong investment returns with lifestyle appeal in one of Perth's most sought-after suburbs. For more information, Contact Walter Iustini on Mobile - 0418 912 682 or via Email - walter@gilmourgroupwa.com.au

Features

2 bedrooms
1 bathroom
1 carspace
Apartment

Estimated Value

Based on this property and similar 2 bedroom apartments sold in Shenton Park over the last 12 months, the estimated median property value of 23/165 Derby Rd is $735k.

Median value
$735k
Estimated value range
$527k - $1.73m
Median days on market
14
Estimated value trend
22%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Shenton Park. 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 23/165 Derby Rd

2025
Sold
$547,000
Private Sale/Treaty on 22 Oct 2025 by Walter Iustini, of Real Estate Plus Chidlow
2025
Rented
Undisclosed
Leased on 28 Jun 2025 by KPR Perth
2025
Rented
Undisclosed
Leased on 28 Jun 2025 by KPR Perth

Happy sellers in Shenton Park

90%
90% of sellers in Shenton Park reported that their sale price either exceeded or met their price expectations.

Shenton Park stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 18 reviews in Shenton Park over the last 12 months.

Local market activity for 2 bedroom apartments in Shenton Park

In the last 12 months, 30 two-bedroom apartments similar to 23/165 Derby Rd, have been sold.

This represents a 29% decrease in two-bedroom apartments sales when compared to the previous 12 months.

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Shenton Park

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Clare Nation

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

  •   5   (135 reviews)
  •  6 Reviews in Shenton Park
  •  11 Sales in Shenton Park
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Sven Robertson

Sven Robertson is a recommended agent for Shenton Park.  They have 2 local sales and collected 2 local reviews across the last 12 months.

  •   5   (20 reviews)
  •  2 Reviews in Shenton Park
  •  2 Sales in Shenton Park
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Andrew Cooper

Sellers who recommend Andrew Cooper have praised them for being local expert, clear communication, well-prepared, responsive, great negotiation, reliable and supportive

  •   4.9   (127 reviews)
  •  2 Reviews in Shenton Park
  •  2 Sales in Shenton Park
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Tim Caporn

Tim Caporn is a recommended agent for Shenton Park.  They have 1 local sale and collected 2 local reviews across the last 12 months.

  •   5   (7 reviews)
  •  2 Reviews in Shenton Park
  •  1 Sale in Shenton Park
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