+61 8 9429 5777
23 / 5 Melville Place, South Perth WA 6151
South Perth Living with River & City Convenience
Positioned in one of South Perth's most sought-after pockets, this beautifully presented apartment offers the perfect blend of lifestyle, comfort and convenience. Located just moments from the Swan River foreshore, Mends Street café precinct and easy access to the Perth CBD, you'll enjoy everything this vibrant suburb has to offer right at your doorstep.
Featuring a light-filled open plan layout, this low-maintenance residence is ideal for professionals, couples or anyone seeking a premium South Perth lifestyle.
Property Features:
Spacious bedrooms with wardrobes
Well-appointed bathroom with bath and separate toilet
Light-filled open plan living and dining area
Modern kitchen with ample storage and quality appliances
Private balcony, perfect for relaxing or entertaining
Split system air conditioning for year-round comfort
Secure complex with allocated parking
Internal laundry facilities
Low-maintenance living in a highly desirable location
Location Highlights:
Short stroll to the Swan River foreshore and walking/cycling paths
Walking distance to the vibrant Mends Street café, restaurant and shopping precinct
Easy access to Perth CBD via the freeway or ferry
Close to public transport, local parks and quality schools
Minutes from Perth Zoo, Royal Perth Golf Club and South Perth Esplanade
Enjoy morning walks along the river, weekend brunches at local cafés and the convenience of living just minutes from the city while enjoying the relaxed atmosphere that makes South Perth one of Perth's most desirable suburbs.
*Note: It is important that you select the 'Book Inspection Time' button and register your details to ensure you receive updates on any unforeseen changes or cancellations of viewing times. Alternatively if no 'Book Inspection Time' option is shown, please send through an enquiry with your details and you will be emailed the available inspection times
The images shown are for illustration purposes only and may not be an exact representation of the fixtures and fittings currently in the property.
Do you own a property and need a managing agent? We would love the opportunity to talk with you! Call our BDM Giselle on 0497 977 738 or email her at giselle.nash-smith@blackburne.com.au for further information or a complimentary appraisal.
Blackburne Property Management are the highest-rated property management company in Perth, delivering exceptional Perth Property Management Services across Perth and metropolitan areas.
Apartment
$725 per week
$3900
10 July 2026
There are no advertised inspections for this property. Contact the agent to arrange a private viewing.
About South Perth Property Management
​South Perth, located just 4 kilometres south of Perth’s CBD, is a highly sought-after suburb known for its picturesque views of the Swan River, lush green spaces, and proximity to the city centre.​
Property Market Overview:
Median Sale Prices: Over the past year, the median sale price for houses in South Perth has been approximately $1,825,000, while units have a median sale price of around $649,000.
Rental Market: Houses in South Perth command a median weekly rent of $922, yielding an annual rental return of 2.9%. Units rent for a median of $620 per week, offering a rental yield of 5.6%.
Market Dynamics:
Growth Trends: South Perth has experienced an annual compound growth rate of -1.6% for houses and 15.4% for units, indicating a stronger appreciation in unit values compared to houses.
Investment Considerations:
South Perth’s blend of residential appeal and commercial activity positions it as a promising investment destination. The suburb’s proximity to the CBD, esteemed schools, and recreational facilities further enhance its attractiveness to families and professionals alike.​
Market Outlook:
Perth’s property market is projected to experience growth of up to 10% in 2025, driven by factors such as strong rental yields, low vacancy rates, and limited housing supply. However, it’s important to note that some areas, including certain parts of Perth, have been identified as higher-risk investment zones due to factors like high household mortgages and reliance on single industries.
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