45/1 Sheen St, Subiaco is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2014. The property has a land size of 70m2 and floor size of 40m2. While the property is not currently for sale or for rent, it was last sold in October 2025. There are other 1 bedroom Unit sold in Subiaco in the last 12 months.
Welcome home to this stylish one-bedroom, one-bathroom semi-studio style apartment, originally built in 2014 and set in the vibrant heart of Subiaco. Offering 51 square metres of internal living space including a generous balcony, this property combines smart design with modern convenience and a highly desirable location. Inside, the apartment features carpet flooring, split-cycle air conditioning, and a semi-separated bedroom area with built-in robes. The kitchen comes fully equipped with integrated appliances including oven, dishwasher, and rangehoodperfect for easy living. A functional bathroom and internal laundry (with washing machine & dryer) complete the package, while the bright open-plan living space flows seamlessly to the spacious balcony, ideal for entertaining or simply enjoying the elevated outlook. Whether youre a first-home buyer, downsizer, or investor, this apartment offers a low-maintenance lifestyle in one of Perths most walkable and amenity-rich suburbs. With strong rental demand, the property also presents an appealing investment option, achieving market rent of $630 per week.Contact Thomas Bettison on 0401 378 355 today for more information.Property Highlights: One-bedroom, one-bathroom semi-studio apartment built in 2014 40 sqm of internal living plus 11 sqm balcony Total lot area of 70 square metres including car bay and balcony Semi-separated bedroom with built-in robes Bright open-plan living area with carpet flooring Split-cycle air conditioning Modern kitchen with integrated appliances (oven, dishwasher, rangehood) Internal laundry within bathroom with washing machine & dryer Oversized balcony with elevated outlook Excellent strata complex features including secure lobby area with intercom, top storey entertainment including steam room, gym, common relaxing and entertainment spaces. Secure parking includedInvestor Summary: Market rent estimated at $630 per week At a purchase price of $525,000, gross annual rental yield is approx. 6.3% High-demand location with strong rental appeal to professionals and downsizers Council Rates: Approx. $2,000 p.a. Water Rates: Approx. $1,100 p.a. Strata Fees: Approx. $TBALocation Summary: Situated in the heart of Subiaco with cafs, restaurants, and shops at your doorstep 350 m to Subiaco Train Station for quick CBD access Walking distance to Subiaco Square, Coles, and Target Close to Kings Park and green spaces for outdoor leisure Easy access to hospitals (both King Edward Memorial & St John of God), schools, and the University of Western AustraliaWhy you will love it!With its oversized balcony, integrated appliances, and unbeatable Subiaco location, 45/1 Sheen Street represents modern apartment living at its best. Whether youre investing or moving in, this property offers a vibrant lifestyle opportunity not to be missed.
The size of Subiaco is approximately 3.1 square kilometres. There are 12 parks, covering nearly 5.0% of the total area. The population of Subiaco in 2016 was 9202 people. By 2021 the population was 9940 showing a population growth of 8.0% in the area during that time. The predominant age group in Subiaco is 30-39 years. Households in Subiaco are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Subiaco work in a professional occupation.In 2021, 52.80% of the homes in Subiaco were owner-occupied compared with 52.40% in 2016.
Subiaco has 7,453 properties. Over the last 5 years, Houses in Subiaco have seen a 69.14% increase in median value, while Units have seen a 74.12% increase. As at 30 June 2026:
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