38/120-122 Lake Street, Perth, WA 6000 | Property Value & History | OnTheHouse
OFF MARKET

38/120-122 Lake Street
Perth WA 6000

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 75m2
Land area: 103m2
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Property Details for 38/120-122 Lake St, Perth

38/120-122 Lake St, Perth is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1994. The property has a land size of 103m2 and floor size of 75m2. While the property is not currently for sale or for rent, it was last sold in September 2023.

Building Type
Unit
Year Built
1994
Floor Size
75m2
Land Size
103m2
Local Government
Vincent
Lot/Plan
38/S027277

Last Listing description (December 2023)

** Under Offer - Off Market! Contact Halyn Property for future Off-Market Opportunities! **Inside the beautiful Park Lane Apartment Complex, Apartment #38 is For Sale!This beautifully presented 2-bedroom, 1-bathroom, 1-carbay apartment is located on the Top Floor of the complex and offers a balance of practicality and convenience along with a quiet, peaceful lifestyle. Property Features:- 2-bedroom, 1-bathroom, 1-carbay configuration- 103sqm in total strata lot size, 75sqm in total internal living size, with two balconies (5sqm North Facing & 6sqm South Facing)- A fully functional kitchen equipped with a four-plate electric stove top, oven, and fridge/freezer- Both bedrooms have doors that open up onto their balcony- Timber look flooring throughout- A separate laundry fitted with both a washing machine and a dryer- One safe and secure car bay- Well maintained and beautifully presented courtyard and common areas to the building- Currently Tenanted until the 14th of July 2024 at $450 per week to amazing tenants!Even better, for our astute investors interested in purchasing this property, our extensively experienced Asset Management team have envisaged this property to rent out in the current property market at approximately $520 per week. Making this the ideal investment opportunity right on the doorstep of the highly sought after location of Northbridge and Perth CBD!Location:- Located exactly halfway between the Perth CBD, and Hyde Park in this City Fringe position- Central location with an abundance of cafes, bakery's, restaurants, shops within only a short strollCouncil Rates: $1,631.22 per annum (approx.)Water Rates: $1,181.40 per annum (approx.)Strata Levies: $967.21 per quarter (approx.)Please contact the Selling Director - Mark Hales on 0415 915 967 to secure this wonderful and homely apartment!

Property History for 38/120-122 Lake St, Perth, WA 6000

A timeline of how this property has performed in the market
Last Sold
$410,000
27 Sep 2023
Listed for Rent
$380/w
25 May 2021
  • 28 Sep 2023
    Listed for Sale Under Offer
  • 27 Sep 2023
    Sold for $410,000
  • 03 May 2021
    Listed for Rent $380 / 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 12,102 properties. Over the last 5 years, Houses in Perth have seen a 56.10% increase in median value, while Units have seen a 60.01% increase. As at 28 February 2026:

  • The median value for Houses in Perth is $1,375,555 while the median value for Units is $680,291.
  • Houses have a median rent of $850 while Units have a median rent of $750.
There are currently 139 properties listed for sale, and 80 properties listed for rent in Perth on OnTheHouse. According to Cotality's data, 833 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.