206/29 Melville Parade, South Perth, WA 6151 sold on 14 December 2025 | OnTheHouse
 
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Sold on 14 Dec 2025 for $515,000

206/29 Melville Parade
South Perth WA 6151

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
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Property Details for 206/29 Melville Pde, South Perth

206/29 Melville Pde, South Perth is a 1 bedroom, 1 bathroom Apartment with 1 parking spaces and was built in 1964. While the property is not currently for sale or for rent, it was last sold in December 2025. There are other 1 bedroom Apartment sold in South Perth in the last 12 months.

Building Type
Apartment
Year Built
1964

Last Listing description (December 2025)

This fully furnished apartment in South Perth has successfully run on Airbnb for 10+ years with high occupancy and strong returns. Council approved for short stay for over 30 years
High ROI potential compared to long-term rental. Perfect for the savvy investor manage yourself or get WA Escapes to manage for you.

Key Features:

- Fully furnished throughout (excluding linen)
- Separate living area with TV and sofa
- Equipped kitchen – electric cooktop, microwave, dishwasher, fridge, cutlery
- Large bedroom with KING bed and wardrobe
- Ensuite bathroom
- Balcony with garden and Swan River glimpses
- Laundry with washer and dryer
- NBN connected
- Dedicated undercover car bay
- Secure complex with gate and CCTV
- Short walk to Mends Street Jetty, cafes, Perth Zoo, Bus 34 & 35

Investment Highlights:
Ideal for investors or first home buyers, easy access to the city – walk, drive, ferry or bus
Perfect for FIFO workers from interstate, savvy investors or first home buyers.

Outgoings:
Council Rates: $1,750 PA
Water Rates: $960 PA
Strata Fees: $2,754 PA

Do not enter the property without an agent.

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Property History for 206/29 Melville Pde, South Perth, WA 6151

A timeline of how this property has performed in the market
Last Sold
$515,000
14 Dec 2025
Listed for Rent
$495/w
31 Aug 2021
  • 18 Dec 2025
    Sold for $515,000
  • 24 Nov 2025
    Listed for Sale SOLD | $515,000
  • 16 Jan 2024
    Sold for $341,000
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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 8,799 properties. Over the last 5 years, Houses in South Perth have seen a 67.66% increase in median value, while Units have seen a 106.71% increase. As at 31 January 2026:

  • The median value for Houses in South Perth is $1,984,308 while the median value for Units is $957,067.
  • Houses have a median rent of $850 while Units have a median rent of $725.
There are currently 55 properties listed for sale, and 29 properties listed for rent in South perth on OnTheHouse. According to Cotality's data, 514 properties were sold in the past 12 months in South perth.

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