East Perth apartment in VIBE complex listed at $95,000 reduction by mortgagee

A one bedroom, one bathroom East Perth apartment has been listed by its mortgagee.

Featuring 51 square metres of internal living space, the apartment is in the VIBE complex.

Josh Roberts of Realmark Central holds the listing.

Situated at 13/35 Wellington Street the apartment has 19 square metres of balcony space.

Built in 2015, the apartment has a price guide of $315,000.

It first traded in 2012 at $410,000.

Located on the second floor the unit features parkland views, open plan living and a modern kitchen.

The apartment failed to sell after 450 days on the market in 2015/2016 with a price guide of $439,000-$459,000.

The median price for a home in East Perth is $875,000, according to CoreLogic, which calculate its annual change in median price over the past 10 years as -0.1%.