Back 406/23 Adelaide Street
Off Market

406/23 Adelaide Street

Fremantle WA 6160

1
1
1
40 m²
40 m²
Apartment
Last sold for $456,000
Frank SanderFrank Sander, last sold this property on 21 August 2025 after 42 days on market.

Overview

Under Offer

2 buyers have missed out and are ready to buy now. Please call. Presenting an impeccable investment opportunity at 406/23 Adelaide Street, nestled in the vibrant heart of historic Fremantle, WA. This recently renovated fourth-floor apartment is perfectly suited for investors, first home buyers, downsizers, or savvy Airbnb operators looking to capitalise on Fremantle's bustling tourism scene. This fully furnished and equipped one-bedroom, one-bathroom apartment is currently operating as a highly successful Airbnb, boasting excellent returns. With 40 square metres of well-designed space, it promises a light and bright open-plan living area, complete with air conditioning for year-round comfort. The bedroom features built-in robes, and the entire property benefits from secure access within a well-maintained complex, complete with two lifts, an on-site caretaker, and communal laundry facilities. Step outside onto the private balcony and enjoy leafy views while you sip your morning coffee or evening glass of wine. This serene space provides a tranquil retreat from the bustling city life below. The central location of this charming apartment means that everything you could possibly need is right on your doorstep. Fremantle's renowned coffee culture, eclectic shops, sumptuous restaurants, and traditional pubs are just a short distance away. Plus, with convenient access to trains and buses, commuting is a breeze. For those with a vehicle, secure parking is allocated for one car. Whether you're looking for short or long-term rentals, this property offers ease of access and low-maintenance living, making it a wise addition to any property portfolio. Don't miss the chance to own a piece of Fremantle's lively atmosphere. Contact us to arrange a viewing and discover how this stunning apartment can become your next successful investment. Please inquire online to access all related documents. Thank you. Council: approx $ $2,080.75 Water: approx $1,199.22.26 pa Strata: approx $1,400 pq

Features

1 bedroom
1 bathroom
1 carspace
1 open car space
40 m² floor area
40 m² lot size
Apartment

Estimated Value

Based on this property and similar 1 bedroom apartments sold in Fremantle over the last 12 months, the estimated median property value of 406/23 Adelaide Street is $519k.

Median value
$519k
Estimated value range
$370k - $1m
Median days on market
16
Estimated value trend
3%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Fremantle. 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 406/23 Adelaide Street

2025
Sold
$456,000
21 Aug 2025 by Frank Sander, of Smartchoice Realty

Happy sellers in Fremantle

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

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

This is based on voluntary sentiment collected from 40 reviews in Fremantle over the last 12 months.

Local market activity for 1 bedroom apartments in Fremantle

In the last 12 months, 53 one-bedroom apartments similar to 406/23 Adelaide Street, have been sold.

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

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