Back 8/177 Palmerston St
Off Market

8/177 Palmerston St

Perth WA 6000

1
1
48 m²
Apartment
Last sold for $275,000
Paige GarveyPaige Garvey, last sold this property on 25 June 2023 after 377 days on market.

Overview

You are going to love this... Park views and close to cafes!

Looking for an investment opportunity that ticks all the boxes? Look no further than this stunning one-bedroom apartment located in the heart of the city, perfect for both first-time buyers and seasoned investors alike. Boasting a modern design, this apartment features floorboards throughout the main living areas, and a neutral modern kitchen, ensuring it's move-in ready for you or your tenants. With no works required, this property is ready for you to start generating rental income right away, making it the perfect investment to maximize your returns, with the estimated weekly rent roughly $360 per week. But that's not all - this property also includes a private balcony with stunning views overlooking the beautiful Hyde Park. Imagine enjoying your morning coffee or watching the sunset from this stunning vantage point. Located just a stone's throw away from some of the city's best cafes and restaurants, this apartment is perfectly situated for those who want to enjoy the vibrant city lifestyle. And with the free CAT bus within walking distance, commuting to work has never been easier. Property features include: - Open plan dining and living room, with floorboards through the main living areas - Modern and upgraded kitchen, featuring a dishwasher and plenty of storage space - North-facing apartment, with private balcony, overlooking the glorious Hyde Park - Modern ceiling fans to the living room and bedroom - Reverse cycle air conditioner - Spacious master bedroom, with build in robes - Updated bathroom, all clean and tidy - Internal laundry, conveniently located in the bathroom - No allocated car bay, though plenty of parking on the street, or there are a few unallocated bays on the complex site Why we love the area: - Surrounded by an array of stunning cafes and restaurants - One of the best parks in Perth located on your doorstep - 1km to Northbridge - 1.3km to Woolworths - 2.4km to buzzing Leederville - 5.3km to Optus Stadium Don't miss out on this fantastic opportunity. Contact Paige Garvey today to arrange a viewing and see for yourself why this property is a good move.

Features

1 bedroom
1 bathroom
48 m² floor area
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 8/177 Palmerston St is $545k.

Median value
$545k
Estimated value range
$210k - $850k
Median days on market
16
Estimated value trend
21%
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 8/177 Palmerston St

2024
Rented
Undisclosed
Leased on 16 Jun 2024 by Halyn Property
2023
Sold
$275,000
25 Jun 2023 by Paige Garvey, of Blackburne
2020
Rented
Undisclosed
Leased on 14 Apr 2020 by Blackburne

Happy sellers in Perth

91%
91% 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 115 reviews in Perth over the last 12 months.

Local market activity for 1 bedroom apartments in Perth

In the last 12 months, 179 one-bedroom apartments similar to 8/177 Palmerston St, have been sold.

This represents a 45% increase in one-bedroom apartments sales when compared to the previous 12 months.

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