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401/2 Rutland Avenue, Lathlain$500,000
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401/2 Rutland Avenue

Lathlain, WA 6100, Australia
$500,000
1 bed 1 bath 1 car80m²

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Area Price Guide
$470,000$530,000

Indicative price guide range

🏘️
77
Comparable
📊
$675,000
Area median
⚖️
-26%
vs median
📐
$6,250
Per m²
📏
80 m²
Land
🗓️
1 week ago
Listed

Property Insights

Schools · zoning · transport · traffic · noise · flood · bushfire · crime · development · heritage

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About this property

Own a piece of Perth history at the iconic Red Castle, originally a brewery from the 1890's to the 1950's. The site was redeveloped into the modern Red Castle Apartments complex, completed between 2016 and 2017. The developers kept the "Red Castle" name and retained the iconic tower as a nod to the site's history. The location of Lathlain sits in a 'sweet spot'. An inner-city lifestyle suburb with heritage character, stadium connectivity, and strong long-term growth potential. Strong infrastructure, minutes from the CBD, overlooking The Crown, Optus Stadium and Burswood and incredibly easy access to the airport means this property and its location is standout for investors and first home buyers. The apartment itself is in fantastic condition offering immense views of the crown complex from the balcony. Great size master with split system aircon and built in robes and access to a very large roof terrace offering sublime views. Perfect spot for fireworks! What we love: * Walking distance to Victoria Park train station and Burswood entertainment complex * Amazing views of The Crown from the balcony * Balcony and living total 80sqm * Modern kitchen with large fridge recess and integrated dishwasher * European style laundry * Aircon to both living and bedroom * Store, secure parking and gym * Expansive roof terrace with BBQ and incredible views * Tenanted to June 29th 2026 reverting to periodic thereafter * Ideal investment or first home buy Council Rates - $1,849.18 p.a Water Rates - $971.31 p.a Strata Levies - $972.95 p/qtr. Disclaimer: This information is provided for general information purposes only and is based on information provided by the Seller and may be subject to change. No warranty or representation is made as to its accuracy and interested parties should place no reliance on it and should make their own independent enquiries.

Property Features

    View full listing on Domain

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

    Repayment calculator

    $2,424/month
    $1,212 /fortnight
    Loan $400,000 at 6.10% over 30 years

    Upfront costs

    Deposit$100,000
    Stamp duty$17,765
    Conveyancing (est.)$2,000
    Total upfront$119,765
    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
    1
    Bathrooms
    1
    Parking
    1
    Land Area
    80m²
    Listed
    1 week ago

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