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Back 5/124 First Ave
Off Market

5/124 First Ave

Bassendean WA 6054

2
2
1
63 m²
100 m²
Unit
Last sold for $630,000
Adam BettisonAdam Bettison, last sold this property on 13 January 2026 after 84 days on market.

Overview

Modern Home with Large Balcony, A/C in Both Bedrooms, and Great Location!

Welcome home to this modern two-bedroom, two-bathroom apartment positioned in an elevated location, within a secure Bassendean complex. Offering a light-filled interior, large balcony with street views, and a contemporary design throughout, this home is perfectly positioned to be your next choice. The open-plan living area features split-cycle air conditioning and flows seamlessly to the private balcony, creating a bright and relaxed atmosphere ideal for entertaining or enjoying a morning coffee. The kitchen comes equipped with modern cabinetry, stainless steel appliances, and ample storage, while both bedrooms are generously suited with built-in robes and air conditioning. With a secure parking bay and a convenient central location, this apartment offers easy living close to Bassendean's shops, cafés, and transport links. Currently leased out, it offers an immediate investment opportunity. Property Highlights: • Two-bedroom, two-bathroom apartment • Elevated position within the complex • Spacious open-plan layout, leading out to balcony • Split-cycle air conditioning to the living area PLUS to both bedrooms! • Large windows for lots of natural light throughout • Kitchen with modern cabinetry, overhead rangehood, built-in oven, gas hotplates and stainless steel appliances • Large balcony with elevated street views • Both bedrooms feature mirrored built-in robes • Tucked- away internal laundry area • Allocated undercover single parking bay • Lockable storage room Investor Summary: • This property is currently leased on a fixed term basis until October 2026 for $650 per week, providing a great ongoing investment opportunity • At a purchase price of $629,000 and rent of $650/week, the estimated gross annual rental yield is 5.39% Rates & Fees Estimation: • Council Rates: Approx. $1,982.65 • Water Rates: Approx. $1,138.98 • Strata Fees: Approx. $668.35 / quarter Location Summary: • Central location in Bassendean, close to all amenities • 1km to Bassendean Train Station - direct access to Perth CBD • 1.6km to Coles Bassendean - with surrounding retail shops, cafe's, and restaurants • 400m to Ida Street Supermarket and Eden Hill Primary School • 1.5km to Anzac Terrace Primary School • Easy access to Guildford Road and Tonkin Hwy for commuting Providing excellent flexibility and instant appeal, whether you’re looking to move in or secure a reliable investment, this apartment combines comfort, convenience, and excellent value. Contact Adam Bettison on 0409 929 128 today for more information or to book an inspection!

Features

2 bedrooms
2 bathrooms
1 carspace
1 garage space
63 m² floor area
100 m² lot size
Unit

Estimated Value

Based on this property and similar 2 bedroom units sold in Bassendean over the last 12 months, the estimated median property value of 5/124 First Ave is $671.5k.

Median value
$671.5k
Estimated value range
$570k - $739k
Median days on market
25
Estimated value trend
0%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Bassendean. 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 5/124 First Ave

2026
Sold
$630,000
13 Jan 2026 by Adam Bettison, of Housesmart Real Estate Pty Ltd
2025
Rented
Undisclosed
Leased on 29 Sep 2025 by Housesmart Real Estate Pty Ltd
2025
Rented
Undisclosed
Leased on 29 Sep 2025 by Housesmart Real Estate Pty Ltd

Happy sellers in Bassendean

88%
88% of sellers in Bassendean reported that their sale price either exceeded or met their price expectations.

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

This is based on voluntary sentiment collected from 30 reviews in Bassendean over the last 12 months.

Local market activity for 2 bedroom units in Bassendean

In the last 12 months, 4 two-bedroom units similar to 5/124 First Ave, have been sold.

This represents a 300% decrease in two-bedroom units sales when compared to the previous 12 months.

Nearby agents

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Denise Wellstead

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Paul Hanich

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Manuel Sammut

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Nic Pulvirenti

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

  •   4.9   (170 reviews)
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