1/127 Lake Street, Perth, WA 6000 | Property Value & History | OnTheHouse
OFF MARKET

1/127 Lake Street
Perth WA 6000

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 121m2
Land area: 171m2
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Property Details for 1/127 Lake St, Perth

1/127 Lake St, Perth is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 1995. The property has a land size of 171m2 and floor size of 121m2. While the property is not currently for sale or for rent, it was last sold in March 2022.

Building Type
Unit
Year Built
1995
Floor Size
121m2
Land Size
171m2
Local Government
Vincent
Lot/Plan
1/S028541

Last Listing description (September 2023)

SOLD - RECORD PRICE by Claude Iaconi - Edison Property. Seller delighted!

A coveted city-edge location in an historic precinct creates a dynamic lifestyle milieu for this brilliant designer town home that's securely located behind the towering entry gates of a boutique group of 10 homes at 127 Lake Street, Perth. Defined by cavernous open spaces, the dramatic interiors are a symphony of concrete/metal/glass and timber to combine a highly unique and funky home guaranteed to impress adventurous city slickers.

Privacy and security becomes readily apparent as you enter through a high walled front courtyard. A solid factory style door slides across to reveal the central living domain boasting concrete floors, stainless steel kitchen, iron stairs, soaring void, metal aircon ducting and an internal courtyard with soothing water feature behind bi-fold doors. Arousing the senses, the blend of different building materials produce remarkable industrial-style aesthetics which underpin this desirable home.

The kitchen is the heart of the home and with a stainless steel bench top, abundant storage, 900mm free-standing oven/cooktop and breakfast bar. The main living domain offers ample space for informal entertaining underneath the towering ceilings and metal gantry whilst being over looked by the lounge room mezzanine.

The first level showcases the north facing mezzanine lounge with gleaming timber floors and offering direct access to a sun-washed terrace for additional outdoor entertaining possibilities. In keeping with the factory theme, a gantry walkway introduces you to a spacious master bedroom boasting timber floors and an ensuite with a super-sized spa/bath. The second bathroom is also on this level and capably services the second bedroom on the third level.

The top floor offers the sanctuary of the air conditioned second bedroom which can also provide work-from-home options.

Adventurous buyers will love the:

Concrete floor on the ground level / timber flooring all other areas
Remarkable floor plan & design / ultra-convenient & burgeoning inner city location
Exceptional low maintenance opportunity
Air conditioned throughout
900mm gas cook top - oven / breakfast bar / tiled splash back
Separate laundry and powder room
Bi-fold doors to atrium with water feature
Secure undercover parking for one vehicle
171 sqm total strata area / low strata levy

This is a truly a remarkable discovery with the best of Perth located literally on your doorstep. It represents an easy-care retreat for owner-occupiers and a rewarding addition to a strategic property portfolio. Immediately impressive and inviting, this property sets you up for assured lifestyle success.

Come and check it out!

Contact inner-city suburbs specialist Claude Iaconi of Edison Property on 0412 427 877 to learn more about this opportunity and to arrange a viewing at a time to suit you.

Property History for 1/127 Lake St, Perth, WA 6000

A timeline of how this property has performed in the market
Last Sold
$770,000
22 Mar 2022
Listed for Rent
$550/w
25 Sep 2016
  • 22 Mar 2022
    Sold for $770,000
  • 16 Mar 2022
    Listed for Sale UNDER OFFER
  • 21 Jul 2016
    Listed for Rent $550 / week
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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 12,100 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 145 properties listed for sale, and 69 properties listed for rent in Perth on OnTheHouse. According to Cotality's data, 806 properties were sold in the past 12 months in Perth.

Suburb Insights for Perth 6000

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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.