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Back 401/2 Rutland Avenue
Off Market

401/2 Rutland Avenue

Lathlain WA 6100

1
1
1
80 m²
Apartment
Last sold for $522,500
Katie LawleyKatie Lawley, last sold this property on 06 September 2026 after 114 days on market.

Overview

A Landmark Address with a Rich Perth Heritage

Own a piece of Perth history at the iconic Red Castle, originally a brewery from the 1890's to the 1950's. The site was redeveloped into the modern Red Castle Apartments complex, completed between 2016 and 2017. The developers kept the “Red Castle” name and retained the iconic tower as a nod to the site's history. The location of Lathlain sits in a 'sweet spot'. An inner-city lifestyle suburb with heritage character, stadium connectivity, and strong long-term growth potential. Strong infrastructure, minutes from the CBD, overlooking The Crown, Optus Stadium and Burswood and incredibly easy access to the airport means this property and its location is standout for investors and first home buyers. The apartment itself is in fantastic condition offering immense views of the crown complex from the balcony. Great size master with split system aircon and built in robes and access to a very large roof terrace offering sublime views. Perfect spot for fireworks! What we love: * Walking distance to Victoria Park train station and Burswood entertainment complex * Amazing views of The Crown from the balcony * Balcony and living total 80sqm * Modern kitchen with large fridge recess and integrated dishwasher * European style laundry * Aircon to both living and bedroom * Store, secure parking and gym * Expansive roof terrace with BBQ and incredible views * Tenanted to June 29th 2026 reverting to periodic thereafter * Ideal investment or first home buy Council Rates - $1,849.18 p.a Water Rates - $971.31 p.a Strata Levies - $972.95 p/qtr. Disclaimer: This information is provided for general information purposes only and is based on information provided by the Seller and may be subject to change. No warranty or representation is made as to its accuracy and interested parties should place no reliance on it and should make their own independent enquiries.

Features

1 bedroom
1 bathroom
1 carspace
1 carport space
80 m² floor area
Apartment

Estimated Value

Based on this property and similar 1 bedroom apartments sold in Lathlain over the last 12 months, the estimated median property value of 401/2 Rutland Avenue is $542k.

Median value
$542k
Estimated value range
$510k - $552.5k
Median days on market
14
Estimated value trend
26%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Lathlain. 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 401/2 Rutland Avenue

2026
Sold
$522,500
Private Sale/Treaty on 06 Sep 2026 by Katie Lawley, of Peard Real Estate - Hillarys

Happy sellers in Lathlain

96%
96% of sellers in Lathlain reported that their sale price either exceeded or met their price expectations.

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

This is based on voluntary sentiment collected from 9 reviews in Lathlain over the last 12 months.

Local market activity for 1 bedroom apartments in Lathlain

In the last 12 months, 8 one-bedroom apartments similar to 401/2 Rutland Avenue, have been sold.

This represents a 350% decrease in one-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 Lathlain

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Andrew Huggins

Sellers who recommend Andrew Huggins have praised them for being clear communication, local expert, responsive, well-prepared, reliable, stress-free process and friendly

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Chantal Ricupero

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

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Derek Baston

Sellers who recommend Derek Baston have praised them for being local expert, clear communication, friendly, honest, supportive, responsive and stress-free process

  •   4.9   (537 reviews)
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Thomas Bale

Thomas Bale is a recommended agent for Lathlain.  They have 1 local sale and collected 1 local review across the last 12 months.

  •   5   (23 reviews)
  •  1 Review in Lathlain
  •  1 Sale in Lathlain
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