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7/54 Melville Parade, South Perth$400,000
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For Saleapartment

7/54 Melville Parade

South Perth, WA 6151, Australia
$400,000
2 bed 1 bath 1 car

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About this property

Riverside Living with Endless Potential Positioned in South Perth just moments from the city, this ground floor two-bedroom apartment presents a great opportunity for first home buyers, investors, or renovators looking to add value. Nestled along Melville Parade, you'll enjoy outlooks towards Melville Waters and a lifestyle that's hard to beat. Offering a practical layout with generous living spaces, two bedrooms and a private ground floor position, the home is comfortable as is while providing plenty of scope to modernise and make it your own. Step outside and take advantage of the foreshore just moments away, with walking and cycling paths, local cafés, public transport and easy access to the Perth CBD all within easy reach. Property Features * Ground floor apartment in a well-located complex * Two bedrooms * One bathroom * Open plan living and dining area * Functional kitchen with storage * Outlook towards Melville Waters * Fantastic opportunity to renovate and add value * Ideal first home, investment or lock-and-leave lifestyle Location Highlights * Minutes to Mends Street café and shopping precinct * Opposite Melville waters and the South Perth foreshore * Easy access to Perth CBD * Close to public transport, parks and recreational facilities * Enjoy riverside walks, cycling paths and stunning sunsets right on your doorstep Whether you're searching for an affordable entry into the South Perth market or a property with exciting renovation potential, this is an opportunity not to be missed. Contact Steve Lally today to find out more and discover the potential this superbly located apartment has to offer. Council Rates: $1,871.81 PA Water Rates: $888.55 PA Strata Fees: $1,075 PQ

Property Details

Property Type
apartment
Listing Type
For Sale
Bedrooms
2
Bathrooms
1
Parking
1
Listed
1 week ago

Repayment calculator

$1,939/month
$970 /fortnight
Loan $320,000 at 6.10% over 30 years

Upfront costs

Deposit$80,000
Stamp duty$13,015
Conveyancing (est.)$2,000
Total upfront$95,015
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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 2-bedroom apartment in South Perth, WA 6151 sits within reach of public transport, local shops and nearby schools. It is listed 53% below the $849,000 median of 65 comparable apartmentswithin 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

  • Mends Street Jetty (ferry)663 m away
  • Zoonique Shop351 m away
  • Unnamed372 m away
  • Unnamed674 m away
  • Unnamed756 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 · Unit 2 bed

Compound growth +12.9% / yr over 4 yrs

$730kcurrent median

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1 price change recorded for this property

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