Back 49/229 Adelaide Terrace
Off Market

49/229 Adelaide Terrace

Perth WA 6000

1
1
1
0 sq.
94 m²
Apartment
Last sold for $501,500
Yen WongYen Wong, last sold this property on 14 August 2025 after 92 days on market.

Overview

Peak Living at Its Best – Space, Light & Views

Rising high above the Perth skyline on sought-after Adelaide Terrace, Peak Apartments delivers a lifestyle defined by space, natural light, and unmatched convenience. Positioned on the 17th floor, this one-bedroom residence is a rare offering—boasting one of the most generously proportioned one-bedroom layouts in the CBD, bathed in sunlight from its prized northern orientation. Step inside and you'll immediately feel the difference. With 62sqm of internal living and a generous 17sqm balcony, this apartment offers the scale and comfort more often found in two-bedroom homes. Thoughtfully designed and positioned glass windows and doors capture all-day sunlight, while high ceilings enhance the sense of volume throughout the open-plan living, dining, and kitchen zones. A versatile landing space near the entry also doubles as the perfect home office or study nook. The north-facing balcony becomes a true extension of the living area—ideal for entertaining or relaxing. As you peer on the corner of your balcony, the outlook shifts from vibrant cityscape to stunning southern views across the Swan River, the South Perth foreshore, and beyond. Whether it's your morning coffee or a sunset drink, the backdrop is always impressive. The kitchen is sleek and functional, appointed with stone benchtops, quality appliances including an electric cooktop, oven, fridge, and dishwasher, complemented by glass splashbacks and ample cabinetry. The oversized bedroom offers excellent proportions and connects seamlessly to the balcony, with a walk-in robe and direct access to a well-appointed semi-ensuite. Guests enjoy their own entry to the bathroom, which includes a separate toilet and a combined laundry area—bringing added practicality to everyday living. Split-system air conditioning in both the lounge and bedroom ensures year-round comfort, and the option to purchase fully furnished adds immediate appeal for investors or owner-occupiers alike. Residents at Peak Apartments enjoy access to resort-style amenities including a swimming pool, spa, gym, and BBQ area. This apartment rounds off its impressive offerings with secure intercom access, a private car bay, and a dedicated storeroom—delivering ultimate peace of mind and everyday convenience. With cafés and dining at your doorstep, free CAT buses right outside, Langley Park just four minutes away, and the Swan River within a 10-minute stroll, this is an exceptional opportunity to enjoy spacious, light-filled living in one of Perth's most connected and vibrant city addresses. This home is currently vacant and move-in ready, perfect for those wanting to move in immediately. It also offers an attractive investment opportunity, with rental estimates showcasing returns between $700–$750 per week. Its central location and modern features make it highly appealing to potential tenants, ensuring solid rental returns for investors. Features Include : • Fully furnished throughout, offering a move-in ready lifestyle • Contemporary kitchen with stone benchtops, electric cooktop and oven, dishwasher, fridge, and generous storage • Expansive open-plan living and dining area with high ceilings, flowing seamlessly to a north facing private balcony • Spacious bedroom with split-system air conditioning, walk-in wardrobe, and direct access to both the balcony and semi-ensuite • Stylish semi-ensuite bathroom featuring a separate enclosed toilet and integrated laundry • North-facing balcony with panoramic views across the city skyline, extending to the Crown Complex, Burswood, and beyond—peek around the corner of your balcony to reveal sweeping southern vistas of the Swan River and South Perth • Secure, private car bay plus dedicated storeroom Outgoings: Strata Rates: $1,401.87 per Quarter Water Rates: $1,422.18 per Annum Council Rates: $2,021.40 per Annum Please note: Photos are indicative and purely for illustrative purposes only. Furnishings depicted may not necessarily be included. This property offers unmatched convenience and lifestyle. Don't miss the chance to secure this gem—schedule a viewing today! For more information or to arrange a private viewing, contact Yen Wong.

Features

1 bedroom
1 bathroom
1 carspace
1 garage space
0 sq. floor area
94 m² lot size
Apartment

Estimated Value

Based on this property and similar 1 bedroom apartments sold in Perth over the last 12 months, the estimated median property value of 49/229 Adelaide Terrace is $504k.

Median value
$504k
Estimated value range
$190k - $777k
Median days on market
16
Estimated value trend
15%
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 49/229 Adelaide Terrace

2026
Rented
Undisclosed
Leased on 17 Mar 2026 by Blackburne
2025
Rented
Undisclosed
Leased on 18 Sep 2025 by Blackburne
2025
Sold
$501,500
14 Aug 2025 by Yen Wong, of Blackburne

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 1 bedroom apartments in Perth

In the last 12 months, 186 one-bedroom apartments similar to 49/229 Adelaide Terrace, have been sold.

This represents a 44% 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 Perth

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