306/171-173 Mounts Bay Road, Perth, WA 6000 | Property Value & History | OnTheHouse
OFF MARKET

306/171-173 Mounts Bay Road
Perth WA 6000

Bedrooms: 3
Bathrooms: 2
Car spaces: 3
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Last updated 29 Dec 2025
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Property Details for 306/171-173 Mounts Bay Rd, Perth

306/171-173 Mounts Bay Rd, Perth is a 3 bedroom, 2 bathroom Unit with 3 parking spaces.

Building Type
Unit
Local Government
Perth

Last Listing description (July 2025)

Spectacularly overlooking our picturesque Swan River as well as the awe-inspiring city skyline, the iconic Kings Park treetops, the rolling hills, South Perth and even the Crown entertainment complex at Burswood in the distance, this breathtaking 3 bedroom 2 bathroom third-floor apartment is a rare fusion of Perth's rich past and modern luxury.

One of only a select few within the reimagined Old Swan Brewery complex, it stands as both a landmark of history and a showcase of contemporary sophistication within the original heritage part of the building. Framed by the natural beauty of Kings Park itself and immersed in uninterrupted river views, this is quality living at its most refined - along water's edge.

Elevator access from the secure parking areas - and the lobby - takes you up to a common seating/lounge area (with a feature glass door) that is shared only by you and your immediate neighbour. Then, step inside to embrace a world of understated grandeur, headlined by a huge open-plan living, dining and kitchen area with double windows (some openable to let those sensual river breezes filter in), sleek stone and stainless-steel bench tops, double sinks, a microwave recess, a large appliance nook, an integrated stainless-steel Qasair range hood, Gaggenau fryer, gas/electric cooktop and oven appliances, a semi-integrated Bosch dishwasher and a generous walk-in pantry.

The sweeping river outlook is prevalent from both within and out on two separate balconies, as well as a spacious covered alfresco-courtyard terrace where double doors secure two tiers of private outdoor entertaining - complete with a gas bayonet for barbecues, a bar/bench area and a mesmerising backdrop from all angles.

Over a century old, gorgeous repurposed wooden floorboards dominate the hub of the apartment, whilst the bedrooms are carpeted for complete comfort. This includes a mammoth king-size master retreat with single and double-door access, a ceiling fan, fitted walk-in and built-in (double-door) wardrobes, a large extra storage space, its own balcony with an awesome vista to wake up to and an over-sized fully-tiled ensuite bathroom with a shower, separate bubbling spa bath, a toilet and twin "his and hers" stone-vanity basins.

The spacious second bedroom has a fan, built-in robes and tree-lined views to Kings Park, with the decent third bedroom - or study - playing host to a built-in double robe, a custom desk, storage and its own verdant treetop aspect. The fully-tiled main bathroom comprises of a shower, toilet, stone vanity and under-bench storage cupboards.

The separate laundry features ample storge, internal hanging space and its own leafy outlook, with double linen and cloak cupboards gracing the hallway. There is secure parking for three vehicles downstairs too - a single car bay downstairs and a separate and private double lock-up garage with storage space.

Beyond your private haven, the lifestyle on offer is second-to-none. Residents here enjoy exclusive access to premium amenities, including the Cooee caf/restaurant downstairs, a heated indoor swimming pool, a gym, concierge services and an elegant guest lounge. With scenic riverside walking paths at your doorstep and Perth's cosmopolitan CBD just moments away, this exclusive address offers the perfect balance between urban energy and waterfront tranquillity!

Features include:

- Leasehold terms - see agent for further details
- Complex originally built circa 1879, with a meticulous restoration completed around the turn of the millennium
- Massive third-floor apartment with three bedrooms, two bathrooms, a separate laundry and several balconies
- Huge open-plan living/dining/kitchen area - with quality appliances, timber floors and a large walk-in pantry
- Amazing all-encompassing views of the river, city, Kings Park and surrounds
- High ceilings, double windows (including original windows and additional double-glazed windows), full-height doors, tall feature skirting boards, a service/storage cupboard and feature down lights
- Enormous master suite with ample storage and its own balcony
- Robes in every bedroom - plus floor-to-ceiling tiling in both bathrooms
- Secure "fob" access, complemented by ducted reverse-cycle air-conditioning with feature linear vents, remote-controlled ceiling fans, an A/V intercom system, an outdoor gas bayonet on the terrace, secure lift access and your own private entrance to a relaxing seating/lounge area - shared only by the neighbouring apartment and yourself
- Secure downstairs parking for three cars - plus storage space
- Access to concierge, guest lounge, indoor-pool and gym facilities
- Right on water's edge, with Cooee downstairs ready to take your order
- Short stroll into the scenic beauty of neighbouring Kings Park
- Minutes from the heart of the Perth CBD

Outgoings: includes council and water rates - aprox. $7,900.30/ pq

For more information, please call Shiva Shakibaee on 0421 489 028

Property History for 306/171-173 Mounts Bay Rd, Perth, WA 6000

A timeline of how this property has performed in the market
Listed for Rent
$1.70k/w
03 Jul 2025
  • 09 Jun 2025
    Listed for Rent $1,695 / week
  • 21 Mar 2025
    Listed for Sale From $1,700,000
  • 18 Aug 2022
    Listed for Rent $1,700 / 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 12,091 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 67 properties listed for rent in Perth on OnTheHouse. According to Cotality's data, 866 properties were sold in the past 12 months in Perth.

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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.