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Back 45/1 Sheen St
Off Market

45/1 Sheen St

Subiaco WA 6008

1
1
1
51 m²
70 m²
Apartment
Last sold for $542,500
Thomas BettisonThomas Bettison, last sold this property on 12 October 2025 after 13 days on market.

Overview

Bright Balcony Living in the Centre of Subiaco!

Welcome home to this stylish one-bedroom, one-bathroom semi-studio style apartment, originally built in 2014 and set in the vibrant heart of Subiaco. Offering 51 square metres of internal living space including a generous balcony, this property combines smart design with modern convenience and a highly desirable location. Inside, the apartment features carpet flooring, split-cycle air conditioning, and a semi-separated bedroom area with built-in robes. The kitchen comes fully equipped with integrated appliances including oven, dishwasher, and rangehood—perfect for easy living. A functional bathroom and internal laundry (with washing machine & dryer) complete the package, while the bright open-plan living space flows seamlessly to the spacious balcony, ideal for entertaining or simply enjoying the elevated outlook. Whether you’re a first-home buyer, downsizer, or investor, this apartment offers a low-maintenance lifestyle in one of Perth’s most walkable and amenity-rich suburbs. With strong rental demand, the property also presents an appealing investment option, achieving market rent of $630 per week. Contact Thomas Bettison on 0401 378 355 today for more information. Property Highlights: • One-bedroom, one-bathroom semi-studio apartment built in 2014 • 40 sqm of internal living plus 11 sqm balcony • Total lot area of 70 square metres including car bay and balcony • Semi-separated bedroom with built-in robes • Bright open-plan living area with carpet flooring • Split-cycle air conditioning • Modern kitchen with integrated appliances (oven, dishwasher, rangehood) • Internal laundry within bathroom with washing machine & dryer • Oversized balcony with elevated outlook • Excellent strata complex features including secure lobby area with intercom, top storey entertainment including steam room, gym, common relaxing and entertainment spaces. • Secure parking included Investor Summary: • Market rent estimated at $630 per week • At a purchase price of $525,000, gross annual rental yield is approx. 6.3% • High-demand location with strong rental appeal to professionals and downsizers • Council Rates: Approx. $2,000 p.a. • Water Rates: Approx. $1,100 p.a. • Strata Fees: Approx. $TBA Location Summary: • Situated in the heart of Subiaco with cafés, restaurants, and shops at your doorstep • 350 m to Subiaco Train Station for quick CBD access • Walking distance to Subiaco Square, Coles, and Target • Close to Kings Park and green spaces for outdoor leisure • Easy access to hospitals (both King Edward Memorial & St John of God), schools, and the University of Western Australia Why you will love it! With its oversized balcony, integrated appliances, and unbeatable Subiaco location, 45/1 Sheen Street represents modern apartment living at its best. Whether you’re investing or moving in, this property offers a vibrant lifestyle opportunity not to be missed.

Features

1 bedroom
1 bathroom
1 carspace
1 garage space
51 m² floor area
70 m² lot size
Apartment

Estimated Value

Based on this property and similar 1 bedroom apartments sold in Subiaco over the last 12 months, the estimated median property value of 45/1 Sheen St is $558k.

Median value
$558k
Estimated value range
$300k - $751k
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 Subiaco. 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 45/1 Sheen St

2025
Sold
$542,500
Private Sale/Treaty on 12 Oct 2025 by Thomas Bettison, of Housesmart Real Estate Pty Ltd
2024
Sold
Undisclosed
31 Jul 2024 by Samantha Wright, of LJ Hooker Subiaco
2022
Rented
Undisclosed
Leased on 18 May 2022 by LJ Hooker Subiaco

Happy sellers in Subiaco

86%
86% of sellers in Subiaco reported that their sale price either exceeded or met their price expectations.

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

This is based on voluntary sentiment collected from 69 reviews in Subiaco over the last 12 months.

Local market activity for 1 bedroom apartments in Subiaco

In the last 12 months, 37 one-bedroom apartments similar to 45/1 Sheen St, have been sold.

This represents a 48% increase in one-bedroom apartments sales when compared to the previous 12 months.

Nearby agents

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Thea Samuel

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Clare Nation

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Jen Lowe

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Andrew Cooper

Sellers who recommend Andrew Cooper have praised them for being local expert, clear communication, well-prepared, responsive, great negotiation, reliable and supportive

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