56/42-52 Terrace Road, East Perth, WA 6004 | Property Value & History | OnTheHouse
OFF MARKET

56/42-52 Terrace Road
East Perth WA 6004

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Land area: 273m2
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Property Details for 56/42-52 Terrace Rd, East Perth

56/42-52 Terrace Rd, East Perth is a 3 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2002. The property has a land size of 273m2. While the property is not currently for sale or for rent, it was last sold in May 2024.

Building Type
Unit
Year Built
2002
Land Size
273m2
Local Government
Perth
Lot/Plan
56/S041728

Last Listing description (September 2024)

This stunning sub-penthouse, situated on the 16th floor of the Panorama Luxury Apartments, offers a truly breath-taking living experience. The panoramic views stretch from east to west, encompassing the river and extending all the way to the majestic Kings Park. Positioned in one of Perth's most prestigious addresses, this immaculate property combines luxury with practicality to create a showcase river-front apartment.

Upon entering, the interior spaces reveal an excellent and versatile floor plan. The entrance seamlessly leads to two separate and incredibly spacious informal and formal living areas. This layout caters to the needs of families while also being perfectly zoned for executives or couples who value a home designed for both ease and entertainment. The state-of-the-art designer kitchen is a highlight, equipped with top-of-the-range stainless steel appliances, expansive benchtops, and modern, unique cabinetry.

The apartment features 3 bedrooms and 2 bathrooms, with the master suite taking centre stage. The master bedroom offers spectacular views, complemented by its own exquisite ensuite bathroom featuring a double vanity, separate shower, and spa bath. The two additional bedrooms boast large built-in wardrobes, and one includes its own north-facing balcony.

The 18th-floor resort-style facilities elevate the living experience. A magnificent heated infinity lap pool, spa, and sauna create a luxurious pool area. A covered poolside BBQ area allows for year-round entertaining. Fitness enthusiasts will appreciate the gymnasium with life fitness equipment and river views. The residents lounge and bar area provide the perfect setting for hosting private functions with family and friends.

Panorama's prime location is within walking distance of Perth's Five Star Hotels, parks, gardens, finest restaurants, and the Central Business District. The apartment includes two north-facing balconies, two south-facing balconies, and the privilege of witnessing glorious sunsets. With 197 sqm of internal space, four balconies totalling 47 sqm, two car bays covering 26 sqm, and additional storage space of 3 sqm, the total living area spans an impressive 273 sqm. This unique leasing opportunity offers a lifestyle of unparalleled luxury and convenience.

(Note: Pets are not allowed.)

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Property History for 56/42-52 Terrace Rd, East Perth, WA 6004

A timeline of how this property has performed in the market
Last Sold
$1,400,000
16 May 2024
Listed for Rent
$1.30k/w
12 Sep 2024
  • 05 Jul 2024
    Listed for Rent $1,300 / week
  • 16 May 2024
    Sold for $1,400,000
  • 29 Feb 2024
    Listed for Sale Not Disclosed
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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 8,408 properties. Over the last 5 years, Houses in East Perth have seen a 39.77% increase in median value, while Units have seen a 58.07% increase. As at 31 May 2026:

  • The median value for Houses in East Perth is $1,538,467 while the median value for Units is $773,986.
  • Houses have a median rent of $1,100 while Units have a median rent of $750.
There are currently 108 properties listed for sale, and 27 properties listed for rent in East perth on OnTheHouse. According to Cotality's data, 604 properties were sold in the past 12 months in East perth.

Suburb Insights for East Perth 6004

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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.