7/87 South Perth Esplanade, South Perth, WA 6151 sold on 24 April 2026 | OnTheHouse
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Sold on 24 Apr 2026 for $878,000

7/87 South Perth Esplanade
South Perth WA 6151

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 98m2
Land area: 99m2
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Property Details for 7/87 South Perth Esp, South Perth

7/87 South Perth Esp, South Perth is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 1969. The property has a land size of 99m2 and floor size of 98m2. While the property is not currently for sale or for rent, it was last sold in April 2026. There are other 2 bedroom Unit sold in South Perth in the last 12 months.

Building Type
Unit
Year Built
1969
Floor Size
98m2
Land Size
99m2
Local Government
South Perth
Lot/Plan
6/S000363

Last Listing description (July 2026)

7/87 South Perth Esplanade, South Perth. ENTER VIA GATE ON RAY STREET.

Riverside Living. City Views. Unlimited Potential.

Perfectly positioned on the highly coveted South Perth Esplanade, this two-bedroom, two-bathroom apartment presents a rare opportunity to secure an exceptional riverside address with extraordinary upside. Set within a secure, tightly held development, this residence captures sweeping views across the Swan River, Perth City skyline, Kings Park and beyond-an inspiring backdrop for those ready to transform a premium location into their dream home.

Whether you're a renovator, investor, or lifestyle seeker, this is a canvas with limitless potential in one of Perth's most prestigious waterfront precincts.

Step inside and immediately appreciate the natural light and panoramic outlook that define this home. The open-plan living and dining area flows to the balcony where the river glistens by day and the city lights shimmer by night. The layout is simple and effective offering scope for modernisation, allowing you to elevate the space to match the world-class views.

Both bedrooms are well proportioned and enjoy their own outlook, while two full bathrooms provide convenience and flexibility. A secure parking bay and controlled access points ensure peace of mind.

This is a renovator's dream-solid, spacious, and superbly located-ready for someone with vision to unlock its full potential.

Features You Will Appreciate
Two-bedroom, two-bathroom apartment with outstanding City and Swan River views
Open-plan living and dining flowing to balcony
Generous kitchen footprint
Two well-sized bedrooms, each with BIR's, natural light and views
Secure parking bay within a well-maintained development
Positioned in one of South Perth's most tightly held riverside buildings
Incredible potential to renovate and add significant value

Location, you'll love:
A lifestyle address that needs no introduction. From your front door, you are within moments of:
The vibrant Mends Street precinct with cafs, restaurants, bars, boutique shopping and a 24-hour supermarket
Iconic dining including Cocos, Rambla, Mr Walker and the Windsor Hotel
The South Perth Foreshore with its walking and cycling paths
Ferry connections to the Perth CBD
Kings Park, Perth Zoo, and an array of lifestyle attractions
Excellent local schools including South Perth Primary and Wesley College
This is riverside living at its finest-where convenience, natural beauty and urban vibrancy meet.

Apartments in this building are tightly held, and those offering renovation potential with uninterrupted views are even rarer. Whether you're looking to create a bespoke riverside residence or secure a blue-chip investment, this is an opportunity not to be missed.

Rates:
Council - $2,023.88
Water - $1,052.57
Strata (Admin & Reserve) - $4,485.40 ($2,242.40 paid every 6 months)

Rental appraisal estimate: $800 - $850 pw

Enquire online today or contact Jack Shaw on 0466 898 054 for further information.

***Disclaimer: Ray White South Perth have in preparing this advert used our best endeavours to ensure the information contained is true and accurate, but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements contained. Reference to a school does not guarantee availability of that particular school. All distances are estimated using Google maps. Prospective purchasers should make their own enquiries with the relevant authorities to verify the information contained in this advert. ALL boundary lines and size on imagery is APPROX only.**

Property History for 7/87 South Perth Esp, South Perth, WA 6151

A timeline of how this property has performed in the market
Last Sold
$878,000
24 Apr 2026
Listed for Rent
$450/w
06 May 2016
  • 24 Apr 2026
    Sold for $878,000
  • 27 Mar 2026
    Listed for Sale UNDER OFFER!
  • 12 Feb 2016
    Listed for Rent - Price not available
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About South Perth 6151

The size of South Perth is approximately 5.2 square kilometres. There are 20 parks, covering nearly 28.6% of the 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 8,802 properties. Over the last 5 years, Houses in South Perth have seen a 83.42% increase in median value, while Units have seen a 88.29% increase. As at 31 May 2026:

  • The median value for Houses in South Perth is $2,244,035 while the median value for Units is $1,002,621.
  • Houses have a median rent of $883 while Units have a median rent of $750.
There are currently 74 properties listed for sale, and 31 properties listed for rent in South perth on OnTheHouse. According to Cotality's data, 462 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.