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Images and floorplans are provided for illustrative purposes and remain the property of their respective copyright owners.

5/7 Midgley Street, Lathlain WA 6100

$400,000 - $425,000

Listed: 10 days ago
Updated: 10 hours ago
Overview

This top-floor apartment offers a well-lit, spacious living environment that balances comfort and convenience ideally suited for single professionals or couples seeking inner-city fringe living. Its open-plan design maximises space, creating a seamless flow between the kitchen and living areas which encourages easy entertaining and relaxed daily living.

The kitchen is thoughtfully appointed with practical laminate benchtops, tiled splashbacks, a stainless steel sink, and ample built-in cupboards, catering well to everyday cooking needs. The inclusion of an electric cooktop and oven, along with split system air conditioning in both the kitchen and living area, enhances its functionality and comfort year-round.

  • The balcony is a standout feature, generously sized and shaded by the canopy of a mature jacaranda tree, providing a peaceful outdoor retreat ideal for morning coffees or unwinding after work.
  • Fresh neutral paint throughout creates a modern palate ready for personal touches.
  • Security is assured with an automatic secured gate to the complex, enhancing peace of mind.
  • Parking is convenient with one undercover car bay, complemented by a separate storage room behind the bay—an excellent addition for extra belongings or equipment.
  • The apartment is part of a small, intimate complex of only eight residences, fostering a close-knit community atmosphere and reduced congestion.

Located in Lathlain, residents benefit from proximity to public transport, parks, and the vibrant Victoria Park café strip. The area supports an active lifestyle with nearby amenities including restaurants, bars, cafes, and shops. Easy access to major routes such as Albany and Great Eastern Highways facilitates commuting, while the Perth CBD, airport, and Crown Entertainment Precinct are all within easy reach, offering a blend of convenience and lifestyle advantages.

Additional practical features include a large combined bathroom/laundry, built-in storage solutions, floorboards throughout for easy maintenance, and window treatments that contribute to the apartment’s inviting atmosphere.

This property is also appealing for investors, with a forecast rental return of $500 to $525 per week and manageable ongoing costs including council rates, water rates, and quarterly strata levies for administration and reserves.

Local Market Insights

In Lathlain, Quiet Listings observed 14 new apartments entering the market over the last 30 days, down from 15 during the previous 30-day period, with an average advertised asking price of $636,000. The property type mix of listed properties is predominantly Apartments at 48%, followed by houses (28%), and villas (10%). The most active agency for apartments in the Lathlain area is currently Ray White, representing 43% of new listings, followed by Team Rash with 14%. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.

While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.

Location
5/7 Midgley Street
Lathlain WA 6100
Market Insights for Lathlain WA 6100
New Listings (last 30 days)
14
Average price
$636,000
Lowest price
$380,000
Highest price
$1,000,000
Other properties in this postcode