721/305 Murray Street, Perth, WA 6000 | House for sale | OnTheHouse
 
FOR SALE
$310,000

721/305 Murray Street
Perth WA 6000

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Floor area: 33m2
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Secure Long Term Lease to The Oaks Perth Hotel

An extraordinary investment opportunity with the Oaks Perth Hotel this 1 bedroom apartment offers a secure income stream.
Positioned on the seventh floor of the hotel complex the apartment forms part of a long term lease exclusively with the Oaks Perth Hotel.
Located within close proximity to the CBD,Elizabeth Quay,shops and public transport the property is ideally located for the ongoing demand of tourists,corporate travellers & FIFO workers.
Gross rent before outgoings ( based on January-March 2026) $20,249.24 per annum
Plus landlord outgoing credit $3,151.92 per annum
Total $23,401.16 per annum
Less expenses
Council rates $1,368.60 per annum
Water rates $1,599.78 per annum
Strata levies $2,730.32 per annum

Property Details for 721/305 Murray St, Perth

721/305 Murray St, Perth is a 1 bedroom, 1 bathroom House. The property has a floor size of 33m2. The place is currently for sale with LJ Hooker Mirrabooka.

Building Type
House
Floor Size
33m2
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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 55.65% increase in median value, while Units have seen a 60.09% increase. As at 31 March 2026:

  • The median value for Houses in Perth is $1,386,298 while the median value for Units is $697,298.
  • Houses have a median rent of $855 while Units have a median rent of $750.
There are currently 162 properties listed for sale, and 64 properties listed for rent in Perth on OnTheHouse. According to Cotality's data, 876 properties were sold in the past 12 months in Perth.

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Bruce Parsons
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LJ Hooker Mirrabooka
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