40/229 Adelaide Terrace, Perth, WA 6000 | Property Value & History | OnTheHouse
OFF MARKET

40/229 Adelaide Terrace
Perth WA 6000

Bedrooms: 2
Bathrooms: 2
Car spaces: 2
Floor area: 94m2
Land area: 147m2
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Last updated 29 Dec 2025
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Property Details for 40/229 Adelaide Tce, Perth

40/229 Adelaide Tce, Perth is a 2 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2008. The property has a land size of 147m2 and floor size of 94m2. While the property is not currently for sale or for rent, it was last sold in October 2024.

Building Type
Unit
Year Built
2008
Floor Size
94m2
Land Size
147m2
Local Government
Perth
Lot/Plan
40/S049462

Last Listing description (July 2025)

Positioned on the 15th floor in Peak comes this opulent apartment with 94sqm of internal living, a SOUTH facing 24sqm entertainer's terrace & stunning Swan River views! Currently leased fully furnished for $770 per week, on offer here is a property with great rental history PLUS amazing lifestyle opportunities for years to come.

Features and Rates (Estimated):
- Internal: 94sqm, Balcony: 24sqm, Cars: 25sqm, Store: 4sqm, Total: 147sqm

- Council: $1,873.85/a | Water: $1,412/a | Strata: $1,453/q (Including Admin & Reserve & GST).
- 15th Floor SOUTH facing 2008 built PEAK Apartment
- Corner positioned & with quality fittings & fixtures
- HUGE kitchen & chic tiled bathrooms
- Leased for $770w until 23/12/2023
- 2.80m ceilings
- Reverse cycle ducted A/C throughout
- Master Suite with walk-in-robe & lavish en-suite with spa bath & shower
- 2 car bays (tandem) & downstairs storage
- Secure resort style complex with pool, gym & BBQ entertaining

Step through the front door of this secure apartment to appreciate the effective floor-plan, artistic lines, 2.80m ceilings, lush carpets, stone benchtops, Euro appliances, quality tapware & stretched feature sliding glass to the HUGE riverfront terrace. The free-flowing living & dining area with additional study space, the roomy Chefs kitchen & sun-filled Master Suite with river views & designer spa bath en suite will leave you in awe. You are correct in assuming that apartments of such design & quality are seldom available at this low price point. The chic bathrooms, internal laundry, 2 car bays (tandem) & the BIG 4sqm downstairs storage combine the practical with the bountiful!

Being a resident of Peak Apartments positions you hundreds of meters from St Georges Terrace & lush Langley Park. Step out to Adelaide Terrace for dining options to please the avid foodie. And secure your future lifestyle by being located minutes stroll from the upcoming Water-bank Marina, the footbridge to the new Burswood Stadium, Hay & Murray Street Malls & the world-class Elizabeth Quay entertainment precinct.

Contact Exclusive Selling Agent Brendon Habak today on 0423 200 400 to arrange your inspection.

Disclaimer: Buyers are required to rely on their own research and complete due diligence prior to purchasing. All rates, sizes and distances are estimated and subject to change at all times without notice

Property History for 40/229 Adelaide Tce, Perth, WA 6000

A timeline of how this property has performed in the market
Last Sold
$749,000
17 Oct 2024
Listed for Rent
$580/w
15 Jun 2019
  • 17 Oct 2024
    Sold for $749,000
  • 20 Sep 2023
    Listed for Sale UNDER OFFER
  • 05 Apr 2019
    Listed for Rent - Price not available
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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 138 properties listed for sale, and 67 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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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.