Back 5/40 Portland Street
Off Market

5/40 Portland Street

Nedlands WA 6009

2
2
1
Apartment
Last sold for $860,000
Riqiu LiRiqiu Li, last sold this property on 10 August 2026 after 42 days on market.

Overview

Near New Boutique Apartment in Prestigious Nedlands

Experience modern, low-maintenance living in this beautifully presented 2-bedroom, 2-bathroom apartment, completed in 2025 and perfectly positioned in one of Perth's most prestigious and highly sought-after suburbs. Set within an exclusive low-density complex of only 11 residences, this stylish apartment offers privacy, comfort and convenience, making it an ideal choice for professionals, students, downsizers, investors or anyone seeking a quality lifestyle close to Perth's leading education, medical and lifestyle amenities. Step inside and enjoy a thoughtfully designed open-plan layout, complemented by quality finishes, a modern kitchenette and excellent natural light. The kitchen is well appointed with premium appliances, quality benchtops and custom cabinetry, creating a practical and stylish space for everyday living. Adding to its flexibility, the apartment also features an internal storage room, which may be used as a study, home office or additional utility space - perfect for those who work or study from home. Designed for easy-care living, this near new apartment combines contemporary interiors with strong energy efficiency, offering comfort and convenience in a blue-chip Nedlands location. Key Features: • 2-bedroom, 2-bathroom 1 carbay • Boutique low-density complex of only 11 apartments • Open-plan living and dining area • Internal storage room, suitable for use as a study or home office • Modern kitchen with stone benchtops, quality cabinetry and appliances • Low-maintenance lifestyle • Ideal for professionals, students, downsizers and investors Premium Location: Perfectly positioned in the heart of Nedlands, this apartment offers outstanding convenience with easy access to leading schools, universities, hospitals, shopping, public transport and lifestyle attractions. Approximate location highlights: • 800m to Hollywood Primary School • 900m to Hollywood Private Hospital • Approximately 1.5km to the University of Western Australia • Approximately 1.6km to Broadway Fair Shopping Centre • Approximately 2.2km to Shenton College • Easy access to Methodist Ladies' College, Christ Church Grammar School, Kings Park, Perth CBD, Sir Charles Gairdner Hospital and the Swan River Size: • Internal Area: 63 sqm • Courtyard: 22 sqm • Car Bay: 13 sqm • Total: 98sqm Rates: • Water: $1,439.28 p/a • Council: TBA • Strata: $619.88 p/q Whether you are looking for a stylish home in a premium suburb or a quality investment in a high-demand rental location, this near new Nedlands apartment is an opportunity not to be missed. Disclaimer: *The above information is provided for general information purposes only and may be subject to change. No warranty or representation is made as to the accuracy of the information and all interested parties should make their own independent enquiries relating to the information provided and place no reliance on it. Any chattels depicted or described in the information are not included unless specified in the contract/agreement *All Photos shown are for illustrative purposes only

Features

2 bedrooms
2 bathrooms
1 carspace
1 carport space
Apartment

Estimated Value

Based on this property and similar 2 bedroom apartments sold in Nedlands over the last 12 months, the estimated median property value of 5/40 Portland Street is $844.88k.

Median value
$844.88k
Estimated value range
$635k - $1.2m
Median days on market
28
Estimated value trend
11%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Nedlands. 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 5/40 Portland Street

2026
Sold
$860,000
10 Aug 2026 by Riqiu Li, of Honsun Realty

Happy sellers in Nedlands

85%
85% of sellers in Nedlands reported that their sale price either exceeded or met their price expectations.

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

This is based on voluntary sentiment collected from 33 reviews in Nedlands over the last 12 months.

Local market activity for 2 bedroom apartments in Nedlands

In the last 12 months, 14 two-bedroom apartments similar to 5/40 Portland Street, have been sold.

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