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Back 31/138 Mounts Bay Road
Off Market

31/138 Mounts Bay Road

Perth WA 6000

2
2
1
Apartment
Last sold for $780,000
Ernest NgErnest Ng, last sold this property on 08 January 2026 after 100 days on market.

Overview

Successfully Negotiated

Welcome to your new urban sanctuary on Mounts Bay Road, perfectly positioned between the tranquil beauty of Kings Park and the sparkling waters of the Swan River. This spacious top-floor apartment combines city convenience with a lifestyle of leisure, offering the ultimate lock-and-leave residence or investment opportunity. Step inside and be greeted by an inviting open-plan layout, designed for effortless living and entertaining. The well-appointed kitchen flows seamlessly into the dining and living area, which extends onto two private balconies – the perfect spot to enjoy your morning coffee or evening glass of wine with leafy views overlooking the Kings Park and Swan River. Featuring two generously sized bedrooms, each with built-in robes, and two modern bathrooms, including a master ensuite, this home caters to both comfort and privacy. The secure undercover parking for one vehicle adds peace of mind, while the top-floor position ensures maximum privacy and quiet. Location is everything – and here, you’re only minutes from the CBD, Elizabeth Quay, University of Western Australia, and some of Perth’s finest cafes, restaurants, and cultural attractions. With the green expanse of Kings Park at your doorstep and the Swan River just across the road, you’ll enjoy endless opportunities for outdoor recreation. Not to mention the Perth City CAT Service is at your doorstep. Whether you’re a professional seeking convenience, an investor chasing strong returns, or someone simply wanting a vibrant city lifestyle balanced with natural surrounds, this apartment is the perfect choice. Key Features: - Top floor apartment in a highly sought-after location - 2 bedrooms, 2 bathrooms (master with ensuite) - Built-in wardrobe in the bedrooms - Open-plan living and dining with balcony - London-style laundry with dryer and washing machine included - Secure undercover car bay - Walking distance to Kings Park, Swan River & CBD - Easy access to UWA and hospitals Fact file - Council rates – City of Perth $2,435 per annum - Strata fee - $1,999.10 per quarter - Water rates - $1,619.22 per annum Don’t miss the chance to secure this exceptional lifestyle opportunity in one of Perth’s most desirable addresses. The information contained is the opinion only of Austpro Properties. All parties to which this advertisement intended for should exercise their own due diligence as to the accuracy of the information provided. Austpro Properties will take absolutely no responsibility for any actions arising from any parties acting on this information contact within Property Code: 1846

Features

2 bedrooms
2 bathrooms
1 carspace
1 garage space
Apartment

Estimated Value

Based on this property and similar 2 bedroom apartments sold in Perth over the last 12 months, the estimated median property value of 31/138 Mounts Bay Road is $660k.

Median value
$660k
Estimated value range
$400k - $1.23m
Median days on market
22
Estimated value trend
14%
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 31/138 Mounts Bay Road

2026
Sold
$780,000
Private Sale/Treaty on 08 Jan 2026 by Ernest Ng, of Austpro Properties
2020
Rented
Undisclosed
Leased on 21 Jan 2020 by Joyce Property Investments

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 113 reviews in Perth over the last 12 months.

Local market activity for 2 bedroom apartments in Perth

In the last 12 months, 267 two-bedroom apartments similar to 31/138 Mounts Bay Road, have been sold.

This represents a 24% increase in two-bedroom apartments sales when compared to the previous 12 months.

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Shuai Pei

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Ivan Tang

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Claude Iaconi

Sellers who recommend Claude Iaconi have praised them for being local expert, clear communication, supportive, responsive, friendly, reliable and honest

  •   4.9   (380 reviews)
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