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WA › Perth › Terrace Rd

U7, 122 Terrace Rd, Perth WA 6000

For saleApartment

For sale

For sale

1

Bedrooms

1

Bathrooms

0

Car spaces

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

This is on the market — is it worth your time?

Why this ask?

  • FactListed for sale — no asking price recorded(Listing record · 1 Apr 2026)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.

Price evidence

The ask against the evidence

Asking

No recorded sale price for this property yet.

Perth at a glance

17,600

People

$1,350,000

Median sale

$669/wk

Median rent

2.58%

Suburb gross yield

Median sale from 10 recorded sales (last 12 months) — a Districts calculation.

See the full Perth report →

Planning

Planning and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.

Site

Terrain

Terrain has not been calculated for this property yet.

Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.

Flood, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Records

Property history

  1. Listedprice unknownavailable1 Apr 2026

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

WA

Why this lot, not just this suburb

Why could this property outperform?

WA full cadastre is not free for commercial use. Lot optionality cannot be computed from official geometry. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.

What could kill that thesis?

Confidence: low

Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Nearby development applications are not loaded for this property.

Rental

Income, competition, and yield

What will it realistically rent for?

Confidence: low

No advertised rent is recorded. Suburb median rent $669/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms. No recorded off-street parking — often a discount versus the suburb median for the same beds.

What competition will it face?

Current comparable rental listings within 400 m of this lot are not loaded. Nearby development applications are not loaded for this property. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.

What does the yield actually look like?

Confidence: low

Yield cannot be shown without both a price and a rent figure. Net yield is not estimated from gross advertising copy. Net yield / holding costs are not estimated outside NSW without inventing land tax.

Verdict

What this means for this property

Districts view

Not enough official evidence yet to underwrite this as an investment.

Detail

The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”

Read more

Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.

The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.

Evidence

What is known for this property

Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.

1 of 10 questions answered so far

  • Development optionality of this lot

    Unknown

    WA full cadastre is not free for commercial use. Lot optionality cannot be computed from official geometry.

  • Nearby development pipeline

    Unknown

    Nearby development applications are not loaded for this property.

  • Honest achievable rent

    Knownlow

    This is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.

  • Rental supply pressure

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    Development applications have not been queried for this parcel.

  • Statutory land value versus ask

    Unknown

    Statutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.

  • Net yield / holding costs

    Unknown

    Net yield / holding costs are not estimated outside NSW without inventing land tax.

Area

Perth in one glance

Perth at a glance

17,600

People

$1,350,000

Median sale

$669/wk

Median rent

2.58%

Suburb gross yield

Median sale from 10 recorded sales (last 12 months) — a Districts calculation.

See the full Perth report →

Keep researching

  • Why Perth? Read the area thesis →
  • What else is on the market in Perth →
  • Other records on Terrace Rd →

Listing material

Listed by @realty

Calling all the savvy investor/first homebuyer/downsizer!

**Offers not met. More offers needed!!**

Please contact call/SMS agent for a viewing!

Suitable for savvy investor generating $480/week rental income!

Read the full description

Or great for first homebuyer!

Home open by appointment only, as tenants would not like to be disturbed.

Interstate investors welcome to make an offer!

_______________________________________________________________

Disclosure: This property is NOT a hotel rental scheme or equity share.

Meaning you can self-managed/agent managed or after the tenants vacate the property

or you can move straight in. Owned by the owner and NOT a share equity property.

Tenanted property, please allow 3 days notice to access

the property. (Unless home open displayed)

Shortage of housing and rent is expensive, especially in Perth CBD area. This apartment is your start for an affordable buy in Perth CBD or an ideal home for first home starter, savvy investor or downsizer. Strategically located in Perth City's of the best executive lifestyle and super convenient to Perth CBD. Nestled on stone throw away from Swan river, Elizabeth Quay, Langley park, cafes, restaurants, main bus port and WACA. where all amenities are ultra conveniently located a few minutes away. From riverside walks, to sporting and music events and overwhelming choices for retail therapy. This one bedroom and 1 bath, will suit FIFO worker, downsizer, first homebuyer and savvy investor. Swan river right in front a short few minutes walk and conveniently being located just minutes from Elizabeth Quay and the footbridge to the Optus Stadium and Crown casino.

Live or rent it out as an investment. You decide!

-Great investment! Tenanted until 24 OCT 2026.

-1 x parking right outside of the unit (Single bay)

-Fantastic tenants currently paying $480/week

-Remote security gated complex

-Renovated complex circa 2000

-Modern appliances, gas cooktop,

rangehood to match

-Build in over head cupboard

and fitouts in the kitchen

-Modern toilet/bath

-Bath tub

-Laminated timber flooring

-Tiles in wet areas

-Spacious open plan living

-Secured parking inside the gate (Infront of the property)

-1 mins walk to Swan river, few mins walk to Elizabeth Quay,

Perth CBD. PRICELESS!

Legend (Walk score):

-Elizabeth Quay 350m

-Langley Park 100m

-Crown casino Burswood 450m

-Jet /boat ram 350m

-cafes & restaurants under 100m

-Queens garden/WACA 150m

-Northbridge 1.5kms

-Perth CBD under 1km

-Perth Airport 10kms

Property size: 37.2m2

Total strata (INC reserve) $598.75/quarter

Council Rates $1,308.90/year

Floor: Ground floor

Original build date: 1961

(Complex renovation circa 2000)

Disclaimer: While every effort has been made to ensure the accuracy of these particulars, no warranty is given by the vendor or the agent as to their accuracy. Interested parties should not rely on these particulars as representations of fact but must satisfy themselves by inspection or otherwise. Although high standards have been used in preparing this document, no legal responsibility can be accepted for any loss or damage resulting from the content or use of this information. Any photographs show only certain parts of the property as they appeared when taken. Areas, amounts, measurements, distances, and all other numerical information are approximate only. Note: Every care has been taken to verify the accuracy of the details in this advertisement; however, we cannot guarantee its correctness. Prospective purchasers are requested to take necessary action to satisfy themselves with any pertinent matters.

Listing description written by John Chenney, @realty — reproduced as published, not verified by Districts.

Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.