38/123 Wellington StreetEast Perth WA 6004
Property Details for 38/123 Wellington St, East Perth
38/123 Wellington St, East Perth is a 3 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2000. The property has a land size of 121m2 and floor size of 94m2. While the property is not currently for sale or for rent, it was last sold in November 2025. There are other 3 bedroom Unit sold in East Perth in the last 12 months.
Last Listing description (January 2026)
38/123 WELLINGTON STREET IS SELLING! CALL TERRY LU TODAY @ 0410 213 027Whether you're stepping into your first home or securing a high-performing investment, this 3-bedroom apartment offers the perfect mix of lifestyle, income, and location.Fully furnished and leased at $810/week until May 2026, it delivers strong returns from day one-while sitting just steps from Wellington Square playground and the heart of East Perth.Property At a Glance:* Built In 2000, Level 4th in "The Rise" Building* Corner position, East Facing* Three-bedroom layout - ideal for small families, executive couples, or shared living* Furnished & leased - $810/week income secured until May 2026* Prime location - walk to Wellington Square, cafes, and city transport* Turnkey investment - no setup required, just collect the rent* Great first home potential - spacious, central, and ready when the lease endsWith East Perth evolving and family-friendly amenities on the rise, now's the time to secure a spacious city-edge apartment before prices climb.Strata Areas & Outgoings:* Internal: 94sqm; Balcony: 10sqm; Car Bay: 15sqm; Store: 2sqm; Total: 121sqm* Council Rate:$2,024 p.a* Water Rate: $1,371 p.a* Strata Levy: $1,536 p.q (incl. reserve fund)Building Amenities:"The Rise" offers secure, private living with recently refurbished communal facilities. Enjoy a sparkling-blue outdoor swimming pool, fully equipped gym, relaxing sauna, and a massive recreation room-perfect for both downtime and socialising.Nearby amenities include:* Wellington Square on your doorstep* Free CAT bus at your doorstep* 2 min drive to Mercedes College* 8 min drive to Trinity College* 700m to Royal Perth Hospital* 1.2km to the CBD* 1.7km to Elizabeth Quay* 1.9km to Hay Street Mall* 4.0m to Optus Stadium DISCLAIMER:All distances are estimations obtained from Google Maps. All sizes of the property are architectural, estimated, and buyers should rely on their own measurements when onsite. All outgoings are approximate and subject to change without notice.
Property History for 38/123 Wellington St, East Perth, WA 6004
- 17 Nov 2025Sold for $735,000
- 10 Nov 2025Listed for Sale SOLD!
- 09 Oct 2023Listed for Rent $700 / week
Recent sales nearby
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About East Perth 6004
The size of East Perth is approximately 3.2 square kilometres. There are 21 parks, covering nearly 33.5% of the total area. The population of East Perth in 2016 was 10596 people. By 2021 the population was 11681 showing a population growth of 10.2% in the area during that time. The predominant age group in East Perth is 30-39 years. Households in East Perth are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in East Perth work in a professional occupation.In 2021, 36.40% of the homes in East Perth were owner-occupied compared with 37.60% in 2016.
East Perth has 8,417 properties. Over the last 5 years, Houses in East Perth have seen a 46.32% increase in median value, while Units have seen a 58.06% increase. As at 30 June 2026:
- The median value for Houses in East Perth is $1,585,230 while the median value for Units is $769,851.
- Houses have a median rent of $1,100 while Units have a median rent of $750.
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