33/124 Terrace Road, Perth, WA 6000 | Apartment for sale | OnTheHouse
FOR SALE
From $359,000

33/124 Terrace Road
Perth WA 6000

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
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Prime Investment Opportunity!

Blair Becker is proud to present this 1-bedroom studio apartment complimented with the prestigious Terrace Road address.
Currently Tenanted at $450 per week until 25/07/2027, providing you as the next owner with immediate income from day one, with the opportunity to extend the current tenancy, readvertise after renovations, or the option to move in yourself once the tenants vacate.
Add this property to your investment portfolio today!
In this high demand rental market, why would you want to miss out on taking advantage of turning this home into an income producing investment property. I would love the opportunity to introduce you to Our Head of Asset Management today.
Property Highlights:
- 1-bedroom x 1-bathroom studio apartment
- 33sqm internal living area
- Positioned on Level 2 of the Princes of Perth Apartments
- 1960 build with 36 lots across 3 floors
- Secure & gated complex
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Property Details for 33/124 Terrace Rd, Perth

33/124 Terrace Rd, Perth is a 1 bedroom, 1 bathroom Apartment with 1 parking spaces. The place is currently for sale with Halyn Property.

Building Type
Apartment
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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 12,095 properties. Over the last 5 years, Houses in Perth have seen a 58.86% increase in median value, while Units have seen a 62.23% increase. As at 30 April 2026:

  • The median value for Houses in Perth is $1,441,634 while the median value for Units is $706,987.
  • Houses have a median rent of $890 while Units have a median rent of $750.
There are currently 162 properties listed for sale, and 70 properties listed for rent in Perth on OnTheHouse. According to Cotality's data, 870 properties were sold in the past 12 months in Perth.

Suburb Insights for Perth 6000

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Blair Becker
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Halyn Property
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Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.