9/138 Mounts Bay Road, Perth, WA 6000 | Property Value & History | OnTheHouse
OFF MARKET

9/138 Mounts Bay Road
Perth WA 6000

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 102m2
Land area: 133m2
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Property Details for 9/138 Mounts Bay Rd, Perth

9/138 Mounts Bay Rd, Perth is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2005. The property has a land size of 133m2 and floor size of 102m2. While the property is not currently for sale or for rent, it was last sold in October 2023.

Building Type
Unit
Year Built
2005
Floor Size
102m2
Land Size
133m2
Local Government
Perth
Lot/Plan
9/S048003

Last Listing description (December 2023)

Looking over greenery with the city in the background, this unit is showcased not only in a prominent city location, but also provides a leafy outlook to sit back and enjoy. Two bedrooms, two bathrooms and one large balcony hold the space you need to study, work or entertain - or, continue renting out this property for an immediate investment. Situated centrally, close to the city but also Kings Park and Swan River, this unit not only has a lot going for it on the inside, but also comes with a desirable location.Property Highlights include:- Built 2005- 133 square metres building size- 102 square metres floor size- Two bathrooms, include large shower, and spa bath- Split system A/C to the living area- WIR to main bedroom, BIR to minor bedroom- Secure car bay- Storage roomInvestor Summary:- This house is currently tenanted on a periodic lease, at $475 per week- Market rent for 9/138 Mounts Bay Road is approximately $600 per week.- Using a purchase price of $570,000 results in a gross annual rental yield of 5.49%.- HouseSmart is highly active in Perth and the surrounding areas, and can provide Property Management Services throughout the course of the sale and beyond.- This property is strata-managed with quarterly strata fees at $1076.35 as of Feb 2023. For more information regarding the strata details, please do not hesitate to contact the sales agent.Inside the unit, you will find the two good-sized bedrooms, two bathrooms, well-appointed kitchen, large air conditioned living/dining area, and undercover balcony. To the complex itself, the unit comes with a secure car park, as well as a storage room. Living in a complex currently and having to share laundry facilities? Not to worry, this unit comes with it's own laundry area! There is also plenty of storage space available throughout.The bedrooms are all comfortably completed with carpet, matching toned curtains to block out light, well-appointed windows for when you want that light to come in, and plenty of powerpoints for easy access. Each room is large enough for a king's size bed, plus some! The main bedroom features a large walk in robe, whilst the minor bedroom is not caught for space either with it's own built in robe.Never have to worry about sharing the bathroom - there are two here! The first bathroom features a large shower, whilst the main bathroom has a luxurious spa bath - the perfect place to come home and relax.The living/dining area is air conditioned, and the sliding doors opening up to the balcony can allow a breeze through to cool down the home as well. The main bedroom also has access to this balcony, which provides gorgeous views!The kitchen is well-appointed and looks over the living/dining area. Here you will find soft-closing drawers, wine-holding pigeon holes, a double sink, plenty of bench space, dishwasher space, an in-built oven, and electric hotplates. Cooking up a storm, enjoying breakfast or entertaining friends? This is the place to be!The location really is fit for a king - King's Park, that is. With the backdrop of bushland behind the complex, and lakes and the Swan River in front, you'll never be short of areas for a quick morning stroll. Jacob's Ladder is a mere 130m walk, providing access to the beautiful Kings Park and surrounds. If you prefer the river, this is approximately 10 minutes walk, or 800m. The nearby John Oldham Park, Southern Cross Memorial Fountain, and David Carr Memorial Park holds lakes to bike or walk around.If you work in the city, this is an easy 10 minute drive to the CBD, or alternatively hop on to nearby Mitchell Freeway for access to the north and south corridor. Cafe's, bars, and resteraunts are all within walking distance. Public transport options are available along Mounts Bay Road, including the free CAT bus coming right along your doorstep!

Property History for 9/138 Mounts Bay Rd, Perth, WA 6000

A timeline of how this property has performed in the market
Last Sold
$495,000
27 Oct 2023
Listed for Rent
$450/w
18 May 2018
  • 27 Oct 2023
    Sold for $495,000
  • 14 Apr 2023
    Listed for Sale $519,000
  • 30 Mar 2018
    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 137 properties listed for sale, and 67 properties listed for rent in Perth on OnTheHouse. According to Cotality's data, 866 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.