31/118 Mounts Bay Road, Perth, WA 6000 | Property Value & History | OnTheHouse
OFF MARKET

31/118 Mounts Bay Road
Perth WA 6000

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 87m2
Land area: 119m2
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Last updated 19 Jan 2026
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Property Details for 31/118 Mounts Bay Rd, Perth

31/118 Mounts Bay Rd, Perth is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1999. The property has a land size of 119m2 and floor size of 87m2. While the property is not currently for sale or for rent, it was last sold in January 2025.

Building Type
Unit
Year Built
1999
Floor Size
87m2
Land Size
119m2
Local Government
Perth
Lot/Plan
25/S036280

Last Listing description (January 2026)

Ideally positioned between Kings Park, the river and city, this spacious two-bedroom apartment offers the perfect blend of lifestyle and convenience. With Elizabeth Quay, Jacobs Ladder and the Swan River foreshore all within walking distance, it's an ideal inner-city home or investment opportunity. Residents enjoy a secure, resort-style complex with a swimming pool, gym and tennis court, while nearby cafs, shopping and freeway access make daily life effortless. With the bonus of the unique flexibilty of the option to live in as your own home, lease out as a long term rental investment, or take advantage of the huge short term accommodation demand for this prime city-edge location, your investment in your future is assured.

Inside, there is an abundance of space rarely found in inner city apartments. Generous open plan living and dining areas flow to a private balcony, while the carefully considered floorplan cleverly seperates the accommodation wing from the living zones, providing excellent privacy. The huge primary bedroom features its own private north facing balcony - the perfect place to sit and relax, which the second bedroom is larger than most main bedrooms. The convenience of a spacious bathroom with a seperate powder room, and even a seperate laundry room with great storage - a rare feature in apartment lving - complete the functional, user-friendly design.

Whether you are a first home buyer looking for the perfect entry into the inner-city market, an investor seeking a high-yielding investment in a premium location, or a country/FIFO buyer seeking a secure, easy-care place to call home while in Perth - and all in a price range that won't break the bank - your search may finally be over.

ADDITIONAL FEATURES:
Open plan living and dining opening to private balcony
Prime location on the 3rd floor of the desirable 'Caesia' building
Two big bedrooms, each with mirrored built-in robes
Spacious bathroom, separate powder room
Own seperate laundry with washer and dryer, good stroage
Well-appointed kitchen, stone tops, dishwasher, ample storage
Secure complex with pool, tennis court, gym
Fibre-to-the-building NBN connectivity
Split system reverse cycle air conditioning
Garage space for one car, lock up storeroom
Easy access to freeway entries and riverside walks
Walk train and bus station, ferries, and the CBD
Total lot area 119sqm (87 living, 13 balcs, 17 carbay, 2 storeroom)
Rental Estimate - $700-750pw

Our most recent listing in Mounts Bay Village attracted multiple offers, selling within days of hitting the market, so be sure to be amongst the first to view this weekend to avoid missing out. Offers will be conveyed to the seller as received and may sell at any time.

For further information, including guidance on pricing, outgoings, inspection arrangements and other relevant please call Nik Jones or for the fastest, most detailed response please send an email enquiry directly from this website (preferably NO SMS enquiries, please).

THE DETAILS:
Local Authority: City of Perth
Council Rates: $1,627.50 per annum
Water Rates: $1,599.78
Strata (Admin): $1,032.67
Reserve Fund: $1,764.00
Total Lot Area: 119sqm
Internal Living Area: 87sqm
Rental Estimate: $650-$750pw

Parking for Viewings: Please note that unauthorised parking is prohibited within the complex, and the private roads within Mounts Bay Village. We recommend arriving early to allow time to find suitable parking nearby. The nearest public carparks are at John Oldman Park (recommended - approx 500m to west) or Perth Convention Centre (approx 500m to east) - with some metered street parking available closer to the property.

Disclaimer 1: Whilst every care has been taken in preparing this advertisement and all information is provided in good faith, neither the agent nor the seller accept responsibility for any errors, omissions, or mis-descriptions. Prospective buyers should make their own independent enquiries to their full satisfaction in relation to the property prior to submitting an offer.

Property History for 31/118 Mounts Bay Rd, Perth, WA 6000

A timeline of how this property has performed in the market
Last Sold
$455,000
20 Jan 2025
  • 10 Dec 2025
    Listed for Sale UNDER CONTRACT | Multiple Offers
  • 12 Feb 2025
    Listed for Sale Price on Application
  • 20 Jan 2025
    Sold for $455,000
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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 12,089 properties. Over the last 5 years, Houses in Perth have seen a 58.72% increase in median value, while Units have seen a 56.21% increase. As at 31 December 2025:

  • The median value for Houses in Perth is $1,333,731 while the median value for Units is $630,704.
  • Houses have a median rent of $850 while Units have a median rent of $730.
There are currently 136 properties listed for sale, and 74 properties listed for rent in Perth on OnTheHouse. According to Cotality's data, 854 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.