Back 7/54 Melville Parade
Off Market

7/54 Melville Parade

South Perth WA 6151

2
1
1
Apartment
Last sold for $440,000
Steve LallySteve Lally, last sold this property on 06 July 2026 after 3 days on market.

Overview

Under Offer!!! Under Offer!!! Under Offer!!!

Riverside Living with Endless Potential Positioned in South Perth just moments from the city, this ground floor two-bedroom apartment presents a great opportunity for first home buyers, investors, or renovators looking to add value. Nestled along Melville Parade, you'll enjoy outlooks towards Melville Waters and a lifestyle that's hard to beat. Offering a practical layout with generous living spaces, two bedrooms and a private ground floor position, the home is comfortable as is while providing plenty of scope to modernise and make it your own. Step outside and take advantage of the foreshore just moments away, with walking and cycling paths, local cafés, public transport and easy access to the Perth CBD all within easy reach. Property Features * Ground floor apartment in a well-located complex * Two bedrooms * One bathroom * Open plan living and dining area * Functional kitchen with storage * Outlook towards Melville Waters * Fantastic opportunity to renovate and add value * Ideal first home, investment or lock-and-leave lifestyle Location Highlights * Minutes to Mends Street café and shopping precinct * Opposite Melville waters and the South Perth foreshore * Easy access to Perth CBD * Close to public transport, parks and recreational facilities * Enjoy riverside walks, cycling paths and stunning sunsets right on your doorstep Whether you're searching for an affordable entry into the South Perth market or a property with exciting renovation potential, this is an opportunity not to be missed. Contact Steve Lally today to find out more and discover the potential this superbly located apartment has to offer. Council Rates: $1,871.81 PA Water Rates: $888.55 PA Strata Fees: $1,075 PQ

Features

2 bedrooms
1 bathroom
1 carspace
Apartment

Estimated Value

Based on this property and similar 2 bedroom apartments sold in South Perth over the last 12 months, the estimated median property value of 7/54 Melville Parade is $772.5k.

Median value
$772.5k
Estimated value range
$440k - $1.61m
Median days on market
19
Estimated value trend
30%
increase over the last 12 months
Average days on market is based on recent, comparable sales in South 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 7/54 Melville Parade

2026
Sold
$440,000
Private Sale/Treaty on 06 Jul 2026 by Steve Lally, of Ian Hutchison Real Estate

Happy sellers in South Perth

94%
94% of sellers in South Perth reported that their sale price either exceeded or met their price expectations.

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

This is based on voluntary sentiment collected from 46 reviews in South Perth over the last 12 months.

Local market activity for 2 bedroom apartments in South Perth

In the last 12 months, 76 two-bedroom apartments similar to 7/54 Melville Parade, have been sold.

This represents a 4% increase in two-bedroom apartments sales when compared to the previous 12 months.

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