2/48 Forrest Street, South Perth, WA 6151 sold on 02 May 2026 | OnTheHouse
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Sold on 02 May 2026 for $820,000

2/48 Forrest Street
South Perth WA 6151

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 89m2
Land area: 74m2
Sold By
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Arena Real Estate Agents
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Property Details for 2/48 Forrest St, South Perth

2/48 Forrest St, South Perth is a 3 bedroom, 1 bathroom Townhouse with 1 parking spaces and was built in 1973. The property has a land size of 74m2 and floor size of 89m2. While the property is not currently for sale or for rent, it was last sold in May 2026. There are other 3 bedroom Townhouse sold in South Perth in the last 12 months.

Building Type
Townhouse
Year Built
1973
Floor Size
89m2
Land Size
74m2
Local Government
South Perth
Lot/Plan
2/S002243

Last Listing description (May 2026)

Positioned within one of South Perth's most sought-after and tightly held streets, this three-bedroom villa is located within a small complex of just four residences and offers a practical, low-maintenance lifestyle in a convenient setting.Currently leased at $650 per week until 12/02/2027, this property provides a secure rental return for investors seeking an established tenancy in a highly desirable location.Timber-look flooring is featured throughout the home. The air-conditioned living and dining area enjoys an outlook to the front garden and the kitchen offers ample storage and a servery through to the dining space.All three bedrooms are generously sized, along with a separate laundry for convenience and a private courtyard for entertaining guests or winding down, plus undercover parking and a front garden.South Perth is a well-established suburb offering a mix of residential streets, parklands, the Swan River and convenient access to the CBD. It is well serviced by public transport and provides access to local amenities, schools and recreational facilities.The Details That make The Difference:- 3 bedrooms, 1 bathroom villa- Complex of only 4 residence- Spacious air-conditioned living and dining area- Private rear courtyard for low-maintenance outdoor living- Current lease in place at $650pw until 12/02/2027- Total area: 120sqm (Internal: 74sqm | Courtyard: 24sqm | Carport: 16sqm | Porch: 6sqm )Location Highlights:- Directly opposite South Perth Primary School- Approx. 750m to Wesley College- Approx. 1km to Royal Perth Golf Club- Approx. 1.5km to South Perth foreshore- Appro. 1.7km to Mend Street Jetty- Approx. 2km to South Perth foreshore entertainment and dining precinct- Well connected to major roads for accessible commuting- Easy access to Perth CBD and public transport routesThe Numbers:- Water: $1,219.70 p/a- Council: $2,386.12 p/aThis property provides an opportunity to secure a villa in a small South Perth complex, with the benefit of an established tenancy and convenient access to local amenities and the CBD.Contact Josh Roberts on 0403 879 855 or jroberts@arenare.com.au or contact Sean Roberts on 0477 172 138 or sroberts@arenare.com.au to arrange your private viewing.

Property History for 2/48 Forrest St, South Perth, WA 6151

A timeline of how this property has performed in the market
Last Sold
$820,000
02 May 2026
Listed for Rent
$350/w
02 Jul 2020
  • 02 May 2026
    Sold for $820,000
  • 16 Apr 2026
    Listed for Sale UNDER CONTRACT
  • 25 May 2020
    Listed for Rent $350 / week
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About South Perth 6151

The size of South Perth is approximately 5.2 square kilometres. It has 20 parks covering nearly 28.6% of total area. The population of South Perth in 2016 was 12053 people. By 2021 the population was 12596 showing a population growth of 4.5% in the area during that time. The predominant age group in South Perth is 20-29 years. Households in South Perth are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in South Perth work in a professional occupation.In 2021, 54.60% of the homes in South Perth were owner-occupied compared with 54.00% in 2016.

South Perth has 8,796 properties. Over the last 5 years, Houses in South Perth have seen a 75.28% increase in median value, while Units have seen a 77.09% increase. As at 30 April 2026:

  • The median value for Houses in South Perth is $2,182,148 while the median value for Units is $903,896.
  • Houses have a median rent of $850 while Units have a median rent of $750.
There are currently 57 properties listed for sale, and 30 properties listed for rent in South perth on OnTheHouse. According to Cotality's data, 497 properties were sold in the past 12 months in South perth.

Suburb Insights for South Perth 6151

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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.