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Back 617/305 Murray Street
Off Market

617/305 Murray Street

Perth WA 6000

1
1
40 m²
40 m²
Apartment
Last sold for $255,000
Shane GarrettShane Garrett, last sold this property on 08 March 2026 after 242 days on market.

Overview

Short-Term Accommodation Investment Opportunity

Investment Only - Not for owner occupier. Strategically positioned in the heart of Perth's CBD, this apartment presents a compelling opportunity for short-term rental investors. With high demand from tourists, business travelers, and event-goers, the property run by The Oaks Perth Hotel apartments. Its proximity to public transport, entertainment precincts, and corporate hubs makes it an attractive option for short stays. Key investment highlights: • Consistent rental demand from short-term guests year-round • Low maintenance and easy-to-manage layout • Potential for strong returns through dynamic pricing and occupancy optimization • Appealing to both leisure and business travelers • Whether you're stepping into the market or growing your portfolio, this centrally located gem offers unbeatable access to Perth's best amenities-and the potential for lucrative short-term rental income. Experience urban convenience and comfort in this smartly designed one-bedroom apartment, looking to secure a low-maintenance property in a prime CBD location. Step inside to a well-appointed layout featuring: • A spacious bedroom with built-in robes and split system air-conditioning • A modern bathroom with a full-size bath/shower combo and striking deep-blue feature tiles • A practical kitchenette with electric cooktop, overhead storage, and sink • Open plan living and dining area, seamlessly connecting kitchen and lounge • Secure inner-city living just moments from Perth's vibrant shopping, restaurants, and public transport With a total internal area of 39sqm, this apartment is perfect for those after a set and forget investment opportunity. Whether you're stepping into the market or growing your portfolio, this centrally located gem offers unbeatable access to Perth's best amenities. Water Rates: $1,599.78pa Council Rates: $1,377.65pa Strata Fees: $847.95pq DISCLAIMER: Whilst every care has been taken with the preparation of the particulars contained in the information supplied, believed to be correct, neither the Agent nor the client nor servants of both, guarantee their accuracy. Interested persons are advised to make their own enquiries and satisfy themselves in all respects. The particulars contained are not intended to form part of any contract.

Features

1 bedroom
1 bathroom
40 m² floor area
40 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 617/305 Murray Street is $505k.

Median value
$505k
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 617/305 Murray Street

2026
Sold
$255,000
Private Sale/Treaty on 08 Mar 2026 by Shane Garrett, of Acton Belle Property Central

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 116 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 617/305 Murray Street, have been sold.

This represents a 41% 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

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Shuai Pei

Shuai Pei is a recommended agent for Perth.  They have 3 local sales and collected 32 local reviews across the last 12 months.

  •   5   (34 reviews)
  •  32 Reviews in Perth
  •  3 Sales in Perth
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Brendon Habak

Sellers who recommend Brendon Habak have praised them for being local expert, clear communication, reliable, responsive, great negotiation, well-prepared and honest

  •   4.9   (185 reviews)
  •  10 Reviews in Perth
  •  21 Sales in Perth
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Ivan Tang

Ivan Tang is a recommended agent for Perth.  They have 9 local sales and collected 8 local reviews across the last 12 months.

  •   5   (18 reviews)
  •  8 Reviews in Perth
  •  9 Sales in Perth
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Claude Iaconi

Sellers who recommend Claude Iaconi have praised them for being local expert, clear communication, supportive, responsive, friendly, reliable and honest

  •   4.9   (381 reviews)
  •  9 Reviews in Perth
  •  13 Sales in Perth
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