38/42-52 Terrace RoadEast Perth WA 6004
Property Details for 38/42-52 Terrace Rd, East Perth
38/42-52 Terrace Rd, East Perth is a 2 bedroom, 2 bathroom Apartment with 2 parking spaces and was built in 2002. The property has a land size of 189m2 and floor size of 129m2. While the property is not currently for sale or for rent, it was last sold in July 2025. There are other 2 bedroom Apartment sold in East Perth in the last 12 months.
Last Listing description (July 2025)
An ideal family home or investment opportunity, with panoramic river views and high-end finishes, offered fully furnished for a seamless 'walk-in, walk-out' experience.
Positioned high on Level 10 in the prestigious East Wing of Panorama, Apartment 38 is a standout residence offering uninterrupted views across the Swan River, Langley Park, and Perth's dynamic city skyline. With 129sqm of internal space and two spacious balconies (20sqm + 10sqm), this is riverside living at its best.
What truly sets this apartment apart is its exclusive finish and thoughtful layout - featuring striking marble-look stone tiles throughout the living, dining, kitchen and dedicated office area, creating a luxurious feel rarely seen in the market. From the moment you enter, you're greeted by panoramic water views that flow seamlessly through the kitchen, dining, living, and study, delivering breathtaking views that never lose their charm.
The open-plan design offers excellent separation between the bedrooms and entertaining zones. Both bedrooms include built-in robes and plantation shutters, adding warmth and sophistication, while the fully tiled bathrooms and separate laundry add practical comfort.
The kitchen is fully equipped with a Miele oven, gas cooktop, stone benchtops, dishwasher, fridge, and ample cabinetry. The apartment is sold fully furnished, making it ideal for both investors and owner-occupiers.
Panorama is situated in a prime riverfront location within walking distance to Elizabeth Quay, the CBD, and Perth's finest dining and entertainment precincts. Enjoy easy access to free public transport, Optus Stadium, Crown Entertainment Complex, riverside walking trails, and vibrant green spaces. Offering unmatched quality, privacy, and panoramic outlooks, Apartment 38 is a rare opportunity to secure one of East Perth's most elevated lifestyle experiences.
Property Highlights:
• Level 10 apartment with river views in the renowned Panorama complex (built 2002)
• Exceptionally spacious with 129sqm of internal living
• Stylishly upgraded throughout, including luxurious marble-look tiled floors and interior paint
• Ducted reverse-cycle air conditioning throughout
• Two secure ground floor car bays (side-by-side)
• Plantation shutters for privacy and style
• Contemporary stone benchtops
• Premium Miele appliances, including gas cooktop
Size breakdown:
• Total area: 189sqm
• Internal living: 129sqm
• Balconies combined: 30sqm (20sqm + 10sqm)
• Storeroom: 3sqm
• Car bays: 27sqm
Rates (Estimated):
• Council rates: $2,667.45 p/a
• Water rates: $ 1,474.99 p/a (01/07/2024 to 30/04/2025)
• Strata levies: $2,322.60 p/q (Admin) + $347.60 p/q (Reserve) = $2,670.20 p/q (Total)
• Currently leased for $950/week until 30 September 2025
Premium resident amenities:
• Exclusive 25m rooftop pool on the 18th floor
• Private resident lounge and BBQ entertaining space with panoramic river views
• Fully equipped gym, sauna, and relaxing spa
• Serene garden courtyard for peaceful retreats
• Professional onsite building manager and concierge services
LOCATION HIGHLIGHTS
• 270m to closest bus stop and cafes
• 1.5km to Elizabeth Quay
• 1.8km to Hay Street Mall
• 2.2km to Matagarup Bridge
• 2.3km to Yagan Square
• 2.3km to Perth Underground train station / bus port
• 2.9km to RAC Arena
• 3.0km to Kings Park
• 3.6km to Optus Stadium
Contact Exclusive Selling Agent Darek Peszel on 0414 888 333.
Disclaimer:
This information is provided for general information purposes only and is based on information provided by the Seller and may be subject to change. No warranty or representation is made as to its accuracy and interested parties should place no reliance on it and should make their own independent enquiries.
Property History for 38/42-52 Terrace Rd, East Perth, WA 6004
- 26 Jul 2025Sold for $1,055,000
- 07 May 2025Listed for Sale UNDER OFFER
- 30 Oct 2000Sold for $705,000
Recent sales nearby
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0About 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 8,410 properties. Over the last 5 years, Houses in East Perth have seen a 40.10% increase in median value, while Units have seen a 56.76% increase. As at 30 April 2026:
- The median value for Houses in East Perth is $1,519,786 while the median value for Units is $768,230.
- Houses have a median rent of $1,050 while Units have a median rent of $750.
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