Wrapped in the bends of the Swan River and less than four kilometres from the CBD, South Perth’s stunning location and convenience remain in high demand across Perth’s booming property market.

Invest in One Richardson

A growing number of professionals and students are being drawn to apartment living in South Perth, positively affecting long-term value and rental yield.

One Richardson is no exception, with its connected South Perth address appealing to a wide demographic. With one, two, three and four bedroom apartments available, it’s about as close to the CBD as possible without being in it. Plus, with every aspect of this development carefully considered, you will have the peace of mind of a futureproof investment.

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Rental Market

As an affluent riverside neighbourhood, South Perth has long appealed to older couples and families. The suburb enjoys close proximity to distinguished private schools, Perth Zoo, UWA, the Swan River and more. Rental demand remains consistently high as more and more people look to a low maintenance lifestyle close to city comforts.

Yields, Growth & Vacancy Rates

Median property prices in South Perth over April 2024 hit an impressive $1,827,000 for houses and $550,000 for units.*

Rented units average $550 per week with a rental yield of 5.8%.* Vacancy rates are at record lows, with high rental demand creating considerable long-term opportunities.

Apartments at One Richardson start from $894k and with planned infrastructure attracting more people to the area, this premium South Perth address will be in high demand.

*realestate.com.au, April 2024

Transport

One Richardson enjoys close proximity to a range of transport networks. Public transport options include regular buses and the ferry, which runs from Mends Street Jetty to Elizabeth Quay. Easy access to Kwinana Freeway also puts the CBD within a 3.9km drive.

Major New
Infrastructure Spending

The proposed South Perth Railway Station will be less than 100m from One Richardson, offering even stronger connections to Perth CBD and local attractions.

The new ECU City Campus in central Perth is also set to drive rental demand, with an expected completion in 2025. With 9,000 staff and students in attendance, this $700 million project will reinvigorate Perth’s economy and arts scene.