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2/48 Forrest Street, South Perth$820,000
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Soldvilla

2/48 Forrest Street

South Perth, WA 6151, Australia
$820,000
3 bed 1 bath 1 car120 m²

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About this property

Positioned within one of South Perth's most sought-after and tightly held streets, this three-bedroom villa is located within a small complex of just four residences and offers a practical, low-maintenance lifestyle in a convenient setting. Currently leased at $650 per week until 12/02/2027, this property provides a secure rental return for investors seeking an established tenancy in a highly desirable location. Timber-look flooring is featured throughout the home. The air-conditioned living and dining area enjoys an outlook to the front garden and the kitchen offers ample storage and a servery through to the dining space. All three bedrooms are generously sized, along with a separate laundry for convenience and a private courtyard for entertaining guests or winding down, plus undercover parking and a front garden. South Perth is a well-established suburb offering a mix of residential streets, parklands, the Swan River and convenient access to the CBD. It is well serviced by public transport and provides access to local amenities, schools and recreational facilities. The Details That make The Difference: - 3 bedrooms, 1 bathroom villa - Complex of only 4 residence - Spacious air-conditioned living and dining area - Private rear courtyard for low-maintenance outdoor living - Current lease in place at $650pw until 12/02/2027 - Total area: 120sqm (Internal: 74sqm | Courtyard: 24sqm | Carport: 16sqm | Porch: 6sqm ) Location Highlights: - Directly opposite South Perth Primary School - Approx. 750m to Wesley College - Approx. 1km to Royal Perth Golf Club - Approx. 1.5km to South Perth foreshore - Appro. 1.7km to Mend Street Jetty - Approx. 2km to South Perth foreshore entertainment and dining precinct - Well connected to major roads for accessible commuting - Easy access to Perth CBD and public transport routes The Numbers: - Water: $1,219.70 p/a - Council: $2,386.12 p/a This property provides an opportunity to secure a villa in a small South Perth complex, with the benefit of an established tenancy and convenient access to local amenities and the CBD. Contact Josh Roberts on 0403 879 855 or jroberts@arenare.com.au or contact Sean Roberts on 0477 172 138 or sroberts@arenare.com.au to arrange your private viewing.

Property Details

Property Type
villa
Listing Type
Sold
Bedrooms
3
Bathrooms
1
Parking
1
Land Area
120 m²
Listed
2 months ago

Repayment calculator

$3,975/month
$1,988 /fortnight
Loan $656,000 at 6.10% over 30 years

Upfront costs

Deposit$164,000
Stamp duty$33,346
Conveyancing (est.)$2,000
Total upfront$199,346
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Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

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Neighbourhood

Living in South Perth

This 3-bedroom villa in South Perth, WA 6151 sits within reach of public transport, local shops and nearby schools. It is listed 6% below the $875,000 median of 71 comparable villaswithin 5 km.

Schools near South Perth

  • Wesley Collegecombined · PP-12 · CoEd
  • Hensman Street Elementaryprimary · PP-4 · CoEd
  • South Perth Primary Schoolprimary · K-6 · CoEd
  • St Columba's Catholic Primary Schoolprimary · PP-6 · CoEd

What's nearby

  • Angelo St After Strickland St (bus)99 m away
  • Garden Affair191 m away
  • Unnamed406 m away
  • Sir James Mitchell Park715 m away
  • Clydesdale Reserve788 m away

South Perth at a glance

Full suburb profile
Population
12,596
Median age
42
Household income
$2,026/wk
Median rent
$375/wk
Median mortgage
$2,200/mo

Source: ABS Census.

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Suburb market

Suburb price trend

South Perth price trend

Median sold · House 3 bed

Compound growth +12.8% / yr over 4 yrs

$1.48mcurrent median

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