50 / 996 Hay Street, PERTH WA 6000
AIR CON, SPA BATH & PLENTY OF VIEWS
The 'Ellement' building is centrally located in the CBD. The complex boasts secure access to the building, pool and gym area exclusive for resident's use, onsite building manager and secure garage parking for one car. Everything is at your finger tips, including a range of Japanese, Vietnamese food outlets and a cafe.
Situated opposite the QV1 complex, you have great access to many local eateries, pubs, shops and public transport links to get out and see the rest of Perth.
Features:
Aircon in living ares
Queen beds in both bedrooms
Main bed with Walk-in robe
Aircon in both bedrooms
Fully furnished and equipped
Quality furnishings
Spa Bath
Washer dryer included
One secure car bay
The images shown are for illustration purposes only and may not be an exact representation of the fixtures and fittings currently in the property.
**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.
Blackburne Property Management are the highest-rated property management company in Perth, delivering exceptional Perth Property Management Services across Perth and metropolitan areas.
Apartment
$760 per week
$3040
21 November 2025
There are no advertised inspections for this property. Contact the agent to arrange a private viewing.
About Perth
Perth, Western Australia, continues to experience notable growth, with property prices projected to increase by up to 10% in 2025, according to the Real Estate Institute of Western Australia (REIWA).
Market Overview:
Price Growth: Perth’s property market has demonstrated resilience, with experts anticipating continued growth in 2025. Some forecasts suggest that the housing market may surpass a 10% capital growth, while the unit market might experience more moderate gains. ​
Rental Market: The rental sector remains robust, with median dwelling rents rising to $670 per week, marking an 8.9% increase from the previous year. This trend is attributed to strong demand and limited housing supply.
Economic Factors:
Perth’s economy continues to thrive, supported by a strong jobs market, significant population growth, and substantial infrastructure investments. However, housing supply constraints persist, with a projected shortfall of approximately 400,000 dwellings by 2029, potentially intensifying competition and driving up property values.
Outlook:
While the property market is expected to maintain an upward trajectory, the pace of growth may moderate compared to previous years. Factors such as global economic conditions, commodity price fluctuations, and domestic policy changes will influence market dynamics.
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