For Sale

33/38-42 Waterloo Crescent, East Perth, WA 6004

Offers From $445,000

Apartment

Type

Bedrooms

Bathrooms

Parkings

Published on Thursday, October 08, 2026 ( See property details for 33/38-42 Waterloo Crescent, East Perth, WA 6004)

Offers From $445,000

Leah Waters Sales Executive

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AI Property Insight

AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A promising one-bedroom apartment in East Perth offering excellent renovation potential in a prime, convenient location.

🏡 Property Highlights

Prime East Perth location close to Swan River and parklands
Excellent renovation and value-add opportunity
Affordable entry point for first-home buyers or investors
Convenient access to Perth CBD and public transport
Established Waterloo Heights complex with potential
Private balcony with city views

✨ Key Features

One bedroom
One bathroom
Private balcony
Open-plan living area
Established Waterloo Heights complex
Close to Swan River and parklands
Easy access to public transport
Affordable price point
Potential for renovation and value-adding
Inner-city location

Suburb and Property Insights of East Perth, WA 6004

East Perth is a vibrant inner-city suburb renowned for its stunning riverfront views, lush parklands, and lively dining scene. Its proximity to the CBD makes it ideal for professionals and investors alike. The area offers excellent public transport links, recreational facilities, and a strong community atmosphere. With ongoing development and a rich history, East Perth presents a dynamic lifestyle and promising investment prospects.

Frequently Asked Questions

What is the condition of the apartment and what renovations are needed?

The apartment is sold in its current 'as is' condition and requires renovation and updating throughout, offering a blank canvas for buyers to personalise.

What are the potential uses for this property?

This property is ideal for renovators, investors seeking a value-add opportunity, or first-home buyers looking to enter the East Perth market.

How accessible is the location in terms of transport and amenities?

The apartment offers easy access to Perth CBD, public transport, Swan River, parklands, cafes, restaurants, shopping, and entertainment venues.

Is there parking available with the property?

The listing does not specify parking facilities; potential buyers should inquire about parking options with the selling agent.

What are the strata fees and ongoing costs?

Strata administration fees are $800 per quarter, with a reserve fund contribution of $311 per quarter. Council rates are approximately $1,406.65 annually, and water rates are about $820.68 annually.

What to ask about this property to agent?

Are there any restrictions or easements affecting the property that could impact renovation plans? Has the property been inspected for structural issues or pest infestations? Are there any upcoming developments or planning proposals in the area that could affect the property’s value or living environment? What are the total ongoing costs including strata fees, council rates, and water rates? Is the property compliant with all building codes and regulations, especially considering its 'as is' condition? Are there any known issues with the building or complex, such as maintenance or management concerns? What is the history of the property regarding previous renovations or repairs? Are there any restrictions on property use or future modifications within the complex? Is there any history of flooding or environmental risks in the area? What are the terms of the sale, and are there any special conditions or covenants attached?

33/38-42 Waterloo Crescent, East Perth, WA 6004 - More Details

Offers From $445,000

LOCATION! LOCATION! LOCATION!

Ready for a project?

Positioned within the established Waterloo Heights complex, this one-bedroom, one-bathroom apartment presents an exciting opportunity for buyers looking to renovate, add value and create something of their own in a fantastic East Perth location.

Offered for sale in its current "as is" condition, the apartment is in need of renovation and updating throughout - making it an ideal opportunity for renovators, investors, first-home buyers or anyone searching for an affordable entry point into East Perth.

Bring your ideas, roll up your sleeves and unlock the potential!

The real standout here is the location. Set just moments from the Swan River and surrounded by some of Perth's most recognizable destinations, you'll have the CBD, beautiful parklands, public transport, cafes, restaurants and major sporting and entertainment venues all within easy reach.

Whether you're looking for your next renovation project, an investment opportunity or a city base you can transform to suit your own style, this apartment offers plenty of potential for the right buyer.

PROPERTY FEATURES
One bedroom
One bathroom
Private balcony
Open-plan living area
Fantastic renovation and value-add opportunity
Sold in its current "as is" condition
Established Waterloo Heights complex
Convenient East Perth location
Easy access to Perth CBD and public transport
Close to the Swan River and surrounding parklands
Cafes, restaurants, shopping and entertainment nearby

Rates & Dimensions
Council Rates: $1,406.65 pa
Water Rates: $820.68 pa
Strata Admin: $800.00 p/qtr
Strata Reserve: $311 p/qtr
Total Area: 43sqm

PRICED TO SELL - DON'T MISS THIS OPPORTUNITY!

Properties at an accessible price point in such a convenient inner-city location offer buyers the chance to secure the property now and create their vision over time.

Renovate. Refresh. Reimagine.

Type: Apartment
Bedrooms: 1
Bathrooms: 1
Parkings: 1

Map & nearby places — 33/38-42 Waterloo Crescent, East Perth, WA 6004

Explore 33/38-42 Waterloo Crescent, East Perth, WA 6004 in 3D

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