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Back 3/38 Waterloo Cres
Off Market

3/38 Waterloo Cres

East Perth WA 6004

1
1
1
Unit
Last sold for $397,000
Joeanne AdamsJoeanne Adams, last sold this property on 04 September 2025 after 13 days on market.

Overview

“Under Offer in Just 2 Days – Home Open Cancelled!”

RIGHT ON THE TRANSPORT ROUTE – OVERLOOKING QUEENS GARDENS – WALK TO OPTUS STADIUM A Set-and-Forget Investment – Prime East Perth Location In a sea of inner-city apartments, few opportunities compare to this one. Positioned high on the hill in East Perth, this semi-furnished 1-bedroom, 1-bathroom apartment overlooks the lush Queens Gardens and places you just a short stroll from Optus Stadium, the Swan River, and some of Perth’s best dining and entertainment. This gorgeous apartment boasts a private courtyard, perfect for relaxing and watching the world pass by. Even better, pets are welcome in this building, so you and your furry friend can enjoy the space together. Built with old-school design and quality that has stood the test of time, these apartments have long proven themselves as reliable investments and ideal entry points into this sought-after market. Offering low-maintenance living in a location that tenants love, this is truly a set-and-forget investment. Currently tenanted at $550 per week until 10 March 2026, the property offers a fantastic rental yield and immediate return on investment. Enjoy the ease of being directly across from Waterloo Crescent, on the free CAT bus route, only minutes from the Royal Street café strip, and on the doorstep of the city centre. With so much at your fingertips, it’s easy to see why this pocket of East Perth is so tightly held. Inside, the ground-floor apartment features a light-filled open-plan living area, a stylish modern bathroom, and the convenience of your own washing machine (plus access to on-site communal laundry facilities). Furniture is included in the sale as per the advertising photos. This is not just an apartment—it’s one of the area’s best value buys. Rates & Dimensions Total Area internal: 43sqm Council Rates: $1,358.70 pa Water Rates: $858.00 pa (approx.) Strata: $800.00 pq (Admin) Reserve: $311.00 pq (Reserve) For more information on the subdivision potential or to request a full video of the property, please contact Joeanne Adams 0407 446 778 / Jo@thePropertyPod.net.au. *Disclaimer: Some details in this advert have been obtained from a third-party source and may not be accurate. We encourage the reader to make their own enquiries into any specifics and consider the ones in this advert to be ‘approximate’ only.

Features

1 bedroom
1 bathroom
1 carspace
1 garage space
Unit

Estimated Value

Based on this property and similar 1 bedroom units sold in East Perth over the last 12 months, the estimated median property value of 3/38 Waterloo Cres is $436.5k.

Median value
$436.5k
Estimated value range
$330k - $525k
Median days on market
14
Estimated value trend
41%
increase over the last 12 months
Average days on market is based on recent, comparable sales in East 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 3/38 Waterloo Cres

2026
Rented
Undisclosed
Leased on 21 Mar 2026 by The Property Pod
2025
Sold
$397,000
04 Sep 2025 by Joeanne Adams, of The Property Pod
2025
Rented
Undisclosed
Leased on 07 Mar 2025 by The Property Pod

Happy sellers in East Perth

94%
94% of sellers in East Perth reported that their sale price either exceeded or met their price expectations.

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

This is based on voluntary sentiment collected from 79 reviews in East Perth over the last 12 months.

Local market activity for 1 bedroom units in East Perth

In the last 12 months, 7 one-bedroom units similar to 3/38 Waterloo Cres, have been sold.

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Jordan Cardozo

Jordan Cardozo is a recommended agent for East Perth.  They have 2 local sales and collected 26 local reviews across the last 12 months.

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Allen Ang

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Tama MacFater

Sellers who recommend Tama MacFater have praised them for being clear communication and supportive

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