54/229 Adelaide Terrace, Perth, WA 6000 | Property Value & History | OnTheHouse
 
OFF MARKET

54/229 Adelaide Terrace
Perth WA 6000

Bedrooms: 3
Bathrooms: 4
Car spaces: 5
Floor area: 242m2
Land area: 724m2
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Last updated 12 Jan 2026
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Property Details for 54/229 Adelaide Tce, Perth

54/229 Adelaide Tce, Perth is a 3 bedroom, 4 bathroom Unit with 5 parking spaces and was built in 2008. The property has a land size of 724m2 and floor size of 242m2. While the property is not currently for sale or for rent, it was last sold in May 2024.

Building Type
Unit
Year Built
2008
Floor Size
242m2
Land Size
724m2
Local Government
Perth
Lot/Plan
54/S049462

Last Listing description (September 2024)

Indulge in luxury living with the Peak Penthouse, a two-storey residence nestled in the heart of Perth. This one-of-a-kind penthouse offers an unparalleled lifestyle against the breathtaking backdrop of the Swan River foreshore and the city centre.

Spanning approximately 627sqm of indoor and outdoor living spaces. The lower level houses the main accommodation, featuring 3 bedrooms and a spacious open plan kitchen, living and dining area that opens out to the balcony with breath-taking views of the Swan River. Ascend to the top floor, where the ultimate entertaining hall awaits. A large living space with a jacuzzi taking centre stage, complete with a BBQ kitchen and bar facilities, creating an inviting atmosphere for social gatherings against a panoramic canvas of city lights and again, the meandering Swan River.

Positioned at a coveted vantage point, this residence captures the essence of city living, offering sweeping views of the vibrant city lights, Langley Park, Kings Parks, Narrows Bridge, Elizabeth Quay, and the Swan River.

This waterfront city residence includes five car bays and three storage rooms. Residents of this development gain exclusive access to amenities, including a gym, pool, and BBQ facilities.

Key Features:
Well-appointed stone kitchen with European appliances
Large living and dining areas leading to a balcony with breathtaking views
Open-plan upper level featuring bi-folding doors, BBQ, bar, and Jacuzzi
Master Suite with ensuite
Three bedrooms
Built-in study area

Total Living Area:
627sqm (Approx)
Cars: 73sqm (Approx)
Storage: 24sqm (Approx)
Total Strata Area: 724sqm (Approx)

Seize the opportunity to own a residence where luxury meets lifestyle - the Peak Penthouse.

Strata Levy:
Admin - $8,686.39 p.q (2023/2024) (Approx)
Reserve - $906.05 p.q (2023/2024) (Approx)

Rates & Local Information:
Water Rates: $2,267.66 (2022/23) (Approx)
Council Name: City of Perth
Council Rates: $3,034 (2023/24) (Approx)
Zoning: P13 ( perth)
Primary School Catchment: Highgate Primary School
Secondary School Catchments: Bob Hawke College

DISCLAIMER: This information is provided for general information purposes only and is based on information provided by third parties including the Seller and relevant local authorities and may be subject to change. No warranty or representation is made as to its accuracy and interested parties should place no reliance on it and should make their own independent enquiries.

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Property History for 54/229 Adelaide Tce, Perth, WA 6000

A timeline of how this property has performed in the market
Last Sold
$2,650,000
07 May 2024
  • 28 Aug 2024
    Listed for Sale UNDER OFFER
  • 07 May 2024
    Sold for $2,650,000
  • 04 Feb 2019
    Listed for Sale From high $3Mils
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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 132 properties listed for sale, and 78 properties listed for rent in Perth on OnTheHouse. According to Cotality's data, 871 properties were sold in the past 12 months in Perth.

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© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

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