602/380 Murray Street, Perth, WA 6000 | Property Value & History | OnTheHouse
OFF MARKET

602/380 Murray Street
Perth WA 6000

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 44m2
Land area: 61m2
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Property Details for 602/380 Murray St, Perth

602/380 Murray St, Perth is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2020. The property has a land size of 61m2 and floor size of 44m2. While the property is not currently for sale or for rent, it was last sold in July 2021.

Building Type
Unit
Year Built
2020
Floor Size
44m2
Land Size
61m2
Local Government
Perth
Lot/Plan
16/S072622

Last Listing description (September 2025)

Situated in the heart of Perth's CBD and just 300 metres from Perth Train Station, Unit 602 presents a compelling opportunity for investors seeking a low-maintenance property in a high-demand location with an established tenancy in place.

Located in the sought-after NV Apartments, this stylish 1-bedroom residence features a functional, contemporary layout and access to premium lifestyle facilities that enhance rental appeal and long-term value.

Currently leased under the National Rental Affordability Scheme (NRAS) until March 2026, the apartment provides consistent rental income, with potential tax-free government incentives available to eligible investors until 30 June 2026.

Property Features:
- Timber flooring in living and dining areas
- Carpeted bedroom with mirrored built-in robe
- Stone benchtops and European appliances
- Split system air conditioning to both living and bedroom
- Includes a secure scooter bay

Exclusive Resident Facilities Include:

Rooftop (Level 30):
- 25m infinity-edge pool with panoramic city views
- Lounge, BBQs, dining areas, outdoor theatre, free Wi-Fi

Sky Garden (Level 21):
- Landscaped retreat ideal for relaxing or entertaining

Level 5:
- Heated lap pool, spa, gym, sauna, and steam room
- Modern change rooms with accessible amenities

Location Highlights:
- Red CAT free bus at your doorstep
- Walk to cafs, restaurants, nightlife, and shopping
- Close to Perth Train Station and future ECU City Campus
- On-site concierge and secure lift access

Lease & NRAS Information:
- Current Rent: $436 per week (NRAS)
- Lease Expiry: 25 March 2026
- NRAS Incentives: The owner may be entitled to tax-free government incentives under the scheme until 30 June 2026

Outgoings (approx.):
- Council Rates: $1,708 p.a.
- Water Rates: $1,240 p.a.
- Strata Admin Levy: $1,020 p.q.
- Strata Reserve Levy: $295 p.q.

With a secure lease in place and unbeatable lifestyle convenience, Unit 602 is an ideal choice for investors looking for strong fundamentals and long-term growth potential in Perth's resurging CBD market.

Contact:
Derek Tse 0435 225 038
Email: derek@iqiwa.com.au

Disclaimer: The information in this advertisement is for general guidance only and not a contractual agreement. We strive for accuracy but make no warranties, expressed or implied. Please conduct your own independent inquiries.

Property History for 602/380 Murray St, Perth, WA 6000

A timeline of how this property has performed in the market
Last Sold
$385,000
26 Jul 2021
  • 25 Jun 2025
    Listed for Sale From $475,000
  • 26 Jul 2021
    Sold for $385,000
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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 12,083 properties. Over the last 5 years, Houses in Perth have seen a 58.72% increase in median value, while Units have seen a 56.21% increase. As at 31 December 2025:

  • The median value for Houses in Perth is $1,333,731 while the median value for Units is $630,704.
  • Houses have a median rent of $850 while Units have a median rent of $730.
There are currently 135 properties listed for sale, and 83 properties listed for rent in Perth on OnTheHouse. According to Cotality's data, 859 properties were sold in the past 12 months in Perth.

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Cotality Copyright and Legal Disclaimers about Property Data
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.