Back 41/38 Waterloo Cres
Off Market

41/38 Waterloo Cres

East Perth WA 6004

1
1
1
Apartment
Last sold for $208,000
Justine DesturaJustine Destura, last sold this property on 06 July 2023 after 490 days on market.

Overview

SECOND CHANCE - BE QUICK

Potential rental yield here of 8.5%+. Here's your opportunity to capitalize on this little ripper of an apartment with a happy long term tenant who would like to stay. Who needs a large apartment when you can see practically half of Perth from your window? Focus West Property is proud to present this hidden gem - a genuine one bedder - (not a bedsit) located on the fourth floor of this secure well maintained complex of 66 apartments. Overlooking the Queens Park Gardens with great views of the river and the Perth Central Business District, this terrific unit will not last long. With an original rustic kitchen, tiled flooring, and views to die for, there are plenty of opportunities here to add value for the savvy investor or occupant. You are walking distance to the WACA, Gloucester Park, the Swan River, and only four blocks to Claisebrooke Cove and (free) Yellow Cat bus stops right outside the front of the complex. If you're a FIFO worker, work in the city or even set up to work from home, look no further. If you're an investor, the apartment currently homes a tenant on a fixed-term lease which will be up for renewal in April 2022. Water rates: $898.00 pa (approx). Council rates: $1215.00 pa (approx). Strata fees: $4,200.00 pa (approx). Apartment comes with one secure undercroft car bay. Contact Justine (0417 164 038) or Jordan (0413 113 475) NOW for a private viewing. Disclaimer - Whilst every care has been taken in the preparation of this advertisement, all information supplied by the seller and the seller's agent is provided in good faith. Prospective purchasers are encouraged to make their own enquiries to satisfy themselves on all pertinent matters.

Features

1 bedroom
1 bathroom
1 carspace
Apartment

Estimated Value

Based on this property and similar 1 bedroom apartments sold in East Perth over the last 12 months, the estimated median property value of 41/38 Waterloo Cres is $510k.

Median value
$510k
Estimated value range
$285k - $702.41k
Median days on market
18
Estimated value trend
19%
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 41/38 Waterloo Cres

2023
Sold
$208,000
Private Sale/Treaty on 06 Jul 2023 by Justine Destura, of Focus West Property

Happy sellers in East Perth

92%
92% 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 72 reviews in East Perth over the last 12 months.

Local market activity for 1 bedroom apartments in East Perth

In the last 12 months, 106 one-bedroom apartments similar to 41/38 Waterloo Cres, have been sold.

This represents a 39% increase 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 East Perth

or
Skip the list and find your ideal agent to sell your propertyFind My Agent
© 2026 RateMyAgent