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16/169 Railway Parade

Mount Lawley, WA 6050, Australia
$499,000
2 bed 1 bath 1 car84m²

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Area Price Guide
$469,060$528,940

Indicative price guide range

🏘️
78
Comparable
📊
$740,000
Area median
⚖️
-33%
vs median
📐
$5,940
Per m²
📏
84 m²
Land
🗓️
2 days ago
Listed

Property Insights

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About this property

Click "Enquire", "Get in Touch" or "Email Agent" for the floor plan and property information sent directly to your email. Make an Offer or become an Observer on Openn.com: https://anz.openn.com/app/l/ZYge If you've been searching for a property where hard work can be rewarded with genuine upside, this oversized two-bedroom, one-bathroom apartment deserves your attention. Positioned high amongst the treetops in a sought-after Mount Lawley location, this apartment offers a generous 84sqm of living spacesubstantially larger than many comparable apartments in the area. The spacious balcony overlooks the leafy surrounds, creating a peaceful retreat where you can enjoy the established trees and relaxed atmosphere that make Mount Lawley one of Perth's most desirable suburbs. There's no denying this apartment needs renovation, but that's exactly where the opportunity lies. Offered with vacant possession, you can settle and get started immediately. No tenants, no delays, and no waitingsimply bring your vision, your toolbox, and your creativity to transform this spacious apartment into a stunning home or high-performing investment. With excellent bones, an oversized floorplan and an enviable location, the foundations for success are already in place. What makes this opportunity particularly compelling is the value on offer. Recent sales within the building have achieved prices in excess of $700,000, yet this apartment is being offered from just $499,000. For buyers prepared to renovate, the potential to add significant value is clear. Located within easy reach of Mount Lawley's vibrant café and restaurant scene, shopping, public transport, parks, and the Perth CBD, you'll enjoy all the lifestyle benefits of this blue-chip suburb while creating a property tailored to your own tastes. Properties offering this combination of size, location, immediate availability, and value-add potential are becoming increasingly rare. Whether you're a first-home buyer looking to get into Mount Lawley, an investor seeking growth potential or a renovator searching for your next project, this is an opportunity not to be missed.

Property Features

    View full listing on Domain

    See all photos, agent details & contact options on the original source.

    Repayment calculator

    $2,419/month
    $1,210 /fortnight
    Loan $399,200 at 6.10% over 30 years

    Upfront costs

    Deposit$99,800
    Stamp duty$17,718
    Conveyancing (est.)$2,000
    Total upfront$119,518
    Verify with WA revenue office →
    Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

    Property Details

    Property Type
    apartment
    Listing Type
    For Sale
    Bedrooms
    2
    Bathrooms
    1
    Parking
    1
    Land Area
    84m²
    Listed
    2 days ago

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