15/126 Terrace Road, Perth, WA 6000 sold on 08 August 2025 | OnTheHouse
SOLD
Sold on 08 Aug 2025 for $480,000

15/126 Terrace Road
Perth WA 6000

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
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Property Details for 15/126 Terrace Rd, Perth

15/126 Terrace Rd, Perth is a 1 bedroom, 1 bathroom Apartment with 1 parking spaces. While the property is not currently for sale or for rent, it was last sold in August 2025. There are other 1 bedroom Apartment sold in Perth in the last 12 months.

Building Type
Apartment

Last Listing description (August 2025)

Located along the highly sought-after Terrace Road, 15/126 offers an exceptional opportunity to secure a prime piece of real estate in one of Perth's most desirable riverside settings. This spacious one-bedroom apartment, complete with a versatile study or second bedroom, combines modern city living with unmatched lifestyle appeal. Set within a well-maintained, low-rise complex with low strata levies, it presents excellent value in a blue-chip location. As one of the last large land holdings on Terrace Road available for high-rise redevelopment, this is a strategic buy for first home buyers and savvy investors looking to capitalize on the area's long-term potential.

Situated in an established complex, the apartment is in excellent condition, having been previously renovated and updated with a modern finish. The floor plan offers flexibility, with a separate study that functions well as a guest bedroom or home office. Ample storage throughout the home adds to the everyday practicality, making it ideal for comfortable living. The layout provides functional spaces for buyers entering the market or those seeking an easy-care investment in a premier location.

With Langley Park and the Swan River just across the road, and the vibrant CBD, Elizabeth Quay, and public transport links all within easy reach, this property promises an enviable lifestyle. Whether you're looking for your first home, a city base, or a strong investment with future development potential, this apartment is an unmissable opportunity in a premier location.

Estimated Rental Appraisal - $600 - $620 per week

Outgoings:
Strata levy + Reserve Fund = $858.60 per quarter (approx.)
Water Rates = $994.44 per annum (approx.)
Council Rates = $1,327.85 per annum (approx.)

Nearby:
Langley Park - 50m
Mercedes College - 600m
Supreme Court Gardens - 700m
St George's Terrace - 900m
Elizabeth Quay Station - 1.1km
Elizabeth Quay - 1.2km
Forest Chase Murray Street Mall - 1.3km
Perth Convention Centre- 1.6km
Highgate Primary School - 2.9km
Crown Casino & Hotel - 3.9km
Bob Hawke College - 4.8km
Perth International Airport - 11.6km

For further information, please contact Jeffrey Zhang on 0433 768 779.

Property History for 15/126 Terrace Rd, Perth, WA 6000

A timeline of how this property has performed in the market
Last Sold
$480,000
08 Aug 2025
Listed for Rent
$570/w
29 Aug 2025
  • 11 Aug 2025
    Listed for Rent - Price not available
  • 24 Jun 2025
    Sold for $480,000
  • 24 Jun 2025
    Sold for $480,000
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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 12,097 properties. Over the last 5 years, Houses in Perth have seen a 58.68% increase in median value, while Units have seen a 53.17% increase. As at 30 November 2025:

  • The median value for Houses in Perth is $1,306,398 while the median value for Units is $603,973.
  • Houses have a median rent of $850 while Units have a median rent of $725.
There are currently 137 properties listed for sale, and 68 properties listed for rent in Perth on OnTheHouse. According to Cotality's data, 865 properties were sold in the past 12 months in Perth.

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Jeffrey Zhang
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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.