41/122 Terrace Road, Perth, WA 6000 sold on 31 January 2026 | OnTheHouse
SOLD
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Sold on 31 Jan 2026 for $350,000

41/122 Terrace Road
Perth WA 6000

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 36m2
Land area: 34m2
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Property Details for 41/122 Terrace Rd, Perth

41/122 Terrace Rd, Perth is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1961. The property has a land size of 34m2 and floor size of 36m2. While the property is not currently for sale or for rent, it was last sold in January 2026. There are other 1 bedroom Unit sold in Perth in the last 12 months.

Building Type
Unit
Year Built
1961
Floor Size
36m2
Land Size
34m2
Local Government
Perth
Lot/Plan
41/S007318

Last Listing description (March 2026)

Situated on the second floor of a secure complex, this fully furnished and equipped studio apartment offers the perfect entry into Perth's inner city lifestyle. The 34sqm residence features timber-look flooring, an open plan design, and a simple low-maintenance layout.Directly opposite Langley Park and the Swan River, and only a short stroll to Elizabeth Quay, The Bell Tower, and the CBD, this property places you in the heart of Perth's most vibrant precincts. With free public transport close by, cafs, restaurants, shopping, and nightlife are all at your fingertips.Key Features include: Second floor studio apartment Fully furnished and equipped 34sqm floor area Open plan living with timber-look flooring Secure complex with common laundry facilities No car bay included Currently leased for $410 per week until March 2026 Estimated rental return: $400-$450 per weekThis property is an excellent opportunity for investors seeking reliable rental demand or for owner-occupiers looking to secure a simple lock-up-and-leave lifestyle on the city fringe.To book an inspection or get some more information, contact Daniel Porcaro on 0437 281 938 or daniel@markhay.com.au

Property History for 41/122 Terrace Rd, Perth, WA 6000

A timeline of how this property has performed in the market
Last Sold
$350,000
31 Jan 2026
Listed for Rent
$400/w
10 May 2024
  • 31 Jan 2026
    Sold for $350,000
  • 18 Sep 2025
    Listed for Sale From $330,000
  • 10 Apr 2024
    Listed for Rent $400 / week
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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 12,101 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 143 properties listed for sale, and 63 properties listed for rent in Perth on OnTheHouse. According to Cotality's data, 812 properties were sold in the past 12 months in Perth.

Suburb Insights for Perth 6000

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Mark Hay Realty Group
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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.