3/114 Terrace Road, Perth, WA 6000 | Unit for sale | OnTheHouse
 
FOR SALE
UNDER OFFER

3/114 Terrace Road
Perth WA 6000

Bedrooms: 1
Bathrooms: 1
Car spaces: -
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Affordable. Convenient. Right in the heart of the action.

Positioned along the iconic Terrace Road and overlooking the beautiful Swan River, this affordable one-bedroom apartment offers an exceptional opportunity to secure your place in the heart of Perth City.
This ground floor apartment delivers a smart and low-maintenance layout, featuring a well-proportioned bedroom, tidy bathroom, open-plan living and dining area, and a functional kitchen and its own private courtyard. Large windows invite in natural light while capturing glimpses of the river, creating a relaxed inner-city retreat.
Set within a secure complex for added peace of mind, residents also benefit from access to a convenient shared laundry facility.
This property combines lifestyle and convenience. Step outside and you're moments from Langley Park, Elizabeth Quay, riverside walking paths, cafés, restaurants, and public transport. Everything you need is right at your doorstep.
Whether you're a first-home buyer seeking an affordable entry into the city market or an investor looking for a well-located property with strong rental appeal, this is an opportunity not to be missed.
Car bays are available subject to allocation and approval by Strata Manager
Property is sold partially furnished
Currently Tenanted until March 2026 for $500 per week
Rental Appraisal - $500 - $550 per week
Outgoings: (Approx.)
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Property Details for 3/114 Terrace Rd, Perth

3/114 Terrace Rd, Perth is a 1 bedroom, 1 bathroom Unit. The place is currently for sale with Realty One.

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About Perth 6000

The size of Perth is approximately 4.6 square kilometres. It has 21 parks covering nearly 18.1% of total area. The population of Perth in 2016 was 11425 people. By 2021 the population was 13670 showing a population growth of 19.6% in the area during that time. The predominant age group in Perth is 20-29 years. Households in Perth are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Perth work in a professional occupation.In 2021, 32.50% of the homes in Perth were owner-occupied compared with 35.10% in 2016.

Perth has 12,103 properties. Over the last 5 years, Houses in Perth have seen a 56.10% increase in median value, while Units have seen a 60.01% increase. As at 28 February 2026:

  • The median value for Houses in Perth is $1,375,555 while the median value for Units is $680,291.
  • Houses have a median rent of $850 while Units have a median rent of $750.
There are currently 147 properties listed for sale, and 65 properties listed for rent in Perth on OnTheHouse. According to Cotality's data, 817 properties were sold in the past 12 months in Perth.

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Jeffrey Zhang
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