May 2021: Five luxury Perth apartments listed for under $399,000
Perth has been lauded by industry experts as a strong market to invest in with booming conditions and strong demand.
Perth values are up 6.7 per cent over the year, according to the CoreLogic national home value index for April.
This is higher than the combined capital's average, which is up 6.4 per cent.
Perth auction clearance rates sat at an impressive 92.3 per cent last week when compared to 37.5 per cent at this time last year, reflecting the strong demand which looks like it may swamp market supply.
Expected to outperform this year, Urban takes a look at five new Perth apartments that you can secure via Urban today.
1. Shenton Quarter, Shenton Park
Address: Corner of Selby Street and Seymour Avenue, Shenton Park WA 6008
One-bedroom apartments from $399,000
Developed by Iris Residential, Shenton Quarter delivers 157 light-filled apartments in one, two and three-bedroom configurations in the sought-after Montario Quarter Estate.
The mix of architecturally designed loft-style townhouses and apartments offer an unrivalled way of living within a vibrant, environmentally-conscious community.
The $140 million mixed-use residential and retail development features spacious balconies and terraces and high ceilings and offers outstanding views.
Designed by Cameron Chisholm Nicol, the project includes a 20-metre pool, residents’ dining area, children’s play area and a stylish outdoor barbeque area.
2. Westralia Gardens, Rockingham
Address: 12 Westralia Gardens, Rockingham WA 6168
Two-bedroom apartments from $299,000
Featuring 181 residents in one and two-bedroom configurations, Westralia Gardens’ Lakeview Apartments is the newest project from Yaran Property Group
The development is uniquely located within the manicured grounds of City Park, which boasts two lakes, a children’s playground, picnic facilities and stunning water features.
Each apartment boasts split system reverse cycle air conditioning, secure parking and low strata fees, as well as a balcony, modern kitchen and ample storage.
3. M/25, Mount Lawley
Address: 159 Walcott Street, Mount Lawley WA 6050
One-bedroom apartments from $349,000
M/25, a boutique development with 30 apartments spread over three levels, is delivered by Match and designed by Cameron Chisholm Nicol Architects.
The project’s design takes inspiration from Mount Lawley’s Federation-style red brick and terracotta homes.
“Light flows into the apartments via the landscaped, central courtyard allowing breezes to percolate throughout the building”, the project marketing reads.
4. Indigo, Subiaco
Address: 18 Atkinson Street, Subiaco WA 6008
One-bedroom apartments from $329,000
Delivered by Pindan, Indigo is an 89-resident apartment project, located in the heart of Perth’s vibrant Subiaco.
Perfect for downsizers, the property is within walking distance to nature, everyday needs and offers panoramic views of Subiaco and the Commons Park.
Designed by Hames Sharley, the apartments feature open-plan living spaces, large balconies and well-appointed kitchens with built-in storage.
5. Arthouse, Joondalup
Address: 165 Grand Boulevard, Joondalup WA 6027
One-bedroom apartments from $337,500
Edge Visionary Living’s Joondalup residence, Arthouse, is the ultimate place to live, work and play.
Designed by Hillam Architects, the design delivers contemporary architecture, generous balcony space, and a residents’ lounge.
The development is situated between the recently expanded Lakeside Joondalup Shopping Centre and an array of local retail boutiques.
