707/305 Murray Street, Perth, WA 6000 | Property Value & History | OnTheHouse
OFF MARKET

707/305 Murray Street
Perth WA 6000

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 44m2
Land area: 44m2
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Property Details for 707/305 Murray St, Perth

707/305 Murray St, Perth is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2003. The property has a land size of 44m2 and floor size of 44m2. While the property is not currently for sale or for rent, it was last sold in August 2002.

Building Type
Unit
Year Built
2003
Floor Size
44m2
Land Size
44m2
Local Government
Perth
Lot/Plan
171/S043394

Last Listing description (August 2019)

- HEART OF CBD LOCATION
- SECURELY LEASED INVESTMENT
This recently refurbished serviced 1 bedroom apartment in the Mantra on Murray Hotel is a perfect investment for your portfolio. Consistent returns and minimal outgoings with no council or water rates payable and only a small charge per calendar month towards strata fees. This property is one of the most reliable investment options in the city. Located centrally in the heart of Perth CBD in Murray Street and adjacent to Raine Square. - Here is your opportunity to purchase this worry-free investment.

andbull; Guaranteed net return of $1,466.58 per month
andbull; Annual net return of $17,598.96
andbull; Council and Water Rates all paid for by Mantra Hotel
andbull; Located on level 7 North facing aspect
andbull; Fully furnished and equipped 1 bedroom apartment
. The Hotel covers all repairs and maintenance
andbull; Ducted reverse cycle air-conditioning
andbull; Leased for 5 years with a further 3 X 5 year options, rent reviews each 2 years
andbull; Property meticulously maintained and kept to a high standard by Mantra Management
andbull; Central Perth CBD location, walking distance to shopping, dining and nightlife options, as well as 5 minutes to Yagan Square and Northbridge.
andbull; Exciting $75 million redevelopment of Raine Square (adjacent). Including 40 new retail options, Coles, Palace 12 Cinema complex and FREE CAT service bus stop opposite the main entry of the Hotel. Inspection by Appointment Only
THIS IS FOR INVESTORS ONLY and NOT FOR RESIDENTIAL USE
Strata Fees: $86.07 per quarter
NO Council or Water Rates
Call Brent Morfesse 0419 900 747

Property History for 707/305 Murray St, Perth, WA 6000

A timeline of how this property has performed in the market
Last Sold
$297,100
06 Aug 2002
  • 18 Apr 2019
    Listed for Sale $279,000
  • 21 May 2006
    Listed for Sale 319000
  • 06 Aug 2002
    Sold for $297,100
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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 12,098 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 68 properties listed for rent in Perth on OnTheHouse. According to Cotality's data, 865 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.