Back 31/118 Mounts Bay Road
Off Market

31/118 Mounts Bay Road

West Perth WA 6005

2
1
1
87 m²
119 m²
Apartment
Last sold for $586,000
Nik JonesNik Jones, last sold this property on 28 January 2026 after 49 days on market.

Overview

Inner-City Living - Riverside Location, Resort-Style Facilities

Ideally positioned between Kings Park, the river and city, this spacious two-bedroom apartment offers the perfect blend of lifestyle and convenience. With Elizabeth Quay, Jacobs Ladder and the Swan River foreshore all within walking distance, it's an ideal inner-city home or investment opportunity. Residents enjoy a secure, resort-style complex with a swimming pool, gym and tennis court, while nearby cafés, shopping and freeway access make daily life effortless. With the bonus of the unique flexibilty of the option to live in as your own home, lease out as a long term rental investment, or take advantage of the huge short term accommodation demand for this prime city-edge location, your investment in your future is assured. Inside, there is an abundance of space rarely found in inner city apartments. Generous open plan living and dining areas flow to a private balcony, while the carefully considered floorplan cleverly seperates the accommodation wing from the living zones, providing excellent privacy. The huge primary bedroom features its own private north facing balcony - the perfect place to sit and relax, which the second bedroom is larger than most main bedrooms. The convenience of a spacious bathroom with a seperate powder room, and even a seperate laundry room with great storage - a rare feature in apartment lving - complete the functional, user-friendly design. Whether you are a first home buyer looking for the perfect entry into the inner-city market, an investor seeking a high-yielding investment in a premium location, or a country/FIFO buyer seeking a secure, easy-care place to call home while in Perth - and all in a price range that won't break the bank - your search may finally be over. ADDITIONAL FEATURES: • Open plan living and dining opening to private balcony • Prime location on the 3rd floor of the desirable 'Caesia' building • Two big bedrooms, each with mirrored built-in robes • Spacious bathroom, separate powder room • Own seperate laundry with washer and dryer, good stroage • Well-appointed kitchen, stone tops, dishwasher, ample storage • Secure complex with pool, tennis court, gym • Fibre-to-the-building NBN connectivity • Split system reverse cycle air conditioning • Garage space for one car, lock up storeroom • Easy access to freeway entries and riverside walks • Walk train and bus station, ferries, and the CBD • Total lot area 119sqm (87 living, 13 balcs, 17 carbay, 2 storeroom) • Rental Estimate - $700-750pw Our most recent listing in Mounts Bay Village attracted multiple offers, selling within days of hitting the market, so be sure to be amongst the first to view this weekend to avoid missing out. Offers will be conveyed to the seller as received and may sell at any time. For further information, including guidance on pricing, outgoings, inspection arrangements and other relevant please call Nik Jones or for the fastest, most detailed response please send an email enquiry directly from this website (preferably NO SMS enquiries, please). THE DETAILS: Local Authority: City of Perth Council Rates: $1,627.50 per annum Water Rates: $1,599.78 Strata (Admin): $1,032.67 Reserve Fund: $1,764.00 Total Lot Area: 119sqm Internal Living Area: 87sqm Rental Estimate: $650-$750pw Parking for Viewings: Please note that unauthorised parking is prohibited within the complex, and the private roads within Mounts Bay Village. We recommend arriving early to allow time to find suitable parking nearby. The nearest public carparks are at John Oldman Park (recommended - approx 500m to west) or Perth Convention Centre (approx 500m to east) - with some metered street parking available closer to the property. Disclaimer 1: Whilst every care has been taken in preparing this advertisement and all information is provided in good faith, neither the agent nor the seller accept responsibility for any errors, omissions, or mis-descriptions. Prospective buyers should make their own independent enquiries to their full satisfaction in relation to the property prior to submitting an offer.

Features

2 bedrooms
1 bathroom
1 carspace
1 garage space
87 m² floor area
119 m² lot size
Apartment

Estimated Value

Based on this property and similar 2 bedroom apartments sold in West Perth over the last 12 months, the estimated median property value of 31/118 Mounts Bay Road is $685k.

Median value
$685k
Estimated value range
$450k - $1.23m
Median days on market
15
Estimated value trend
18%
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 31/118 Mounts Bay Road

2026
Sold
$586,000
28 Jan 2026 by Nik Jones, of Jones Ballard
2025
Sold
Undisclosed
Private Sale/Treaty on 20 Jan 2025 by Sean Roberts, of Arena Real Estate

Happy sellers in West Perth

94%
94% 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 60 reviews in West Perth over the last 12 months.

Local market activity for 2 bedroom apartments in West Perth

In the last 12 months, 112 two-bedroom apartments similar to 31/118 Mounts Bay Road, have been sold.

This represents a 35% increase in two-bedroom apartments sales when compared to the previous 12 months.

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