A modern mix 1, 2 & 3 bedroom apartments in Subi

Olive St. Subiaco

Olive St will be a part of the exciting revitalisation of Subi connecting you to everything this esteemed suburb offers. Featuring a mix of beautifully finished 1, 2 & 3 bedroom apartments, commercial spaces and retail amenity, you will thrive in this inner-city precinct, while relaxing in the ambience of your brand-new apartment. Construction is well underway, register early interest in this premium residential development.


Property Type
Perth CBD & Inner Suburbs
Min Price
Max Bedrooms

Register your interest

*images are for illustrative purposes only and furniture does not come with the apartments at Olive St. Subiaco.*

Display Suite Opening

Construction is well underway at Olive St. with completion estimated for mid-2025.

Visit the Olive St. Display Suite to see the floorplans, interior style schemes and finishing materials that will make up the designs of the Olive St. apartments. This is your opportunity to see the Olive St. finishes and designs, and to speak to our project specialist about customisation options while it’s still available.

Display Suite Address:

53 Rokeby Road, Subiaco

Opening Times:

Wednesday: 12.00pm – 2.00pm

Saturday: 1.30pm – 2.30pm

Request a Private Display Suite Viewing

Stamp Duty Eligibility

For a limited time, Olive St. apartments qualify for the Under-Construction Stamp Duty Concession of up to 75% off Stamp Duty costs capped at a maximum of $50,000.

  • Apartments that are $650k or less: Limited time only, access a 75% Stamp Duty Concession up to $50,000 off that apartment.
  • Apartments that are $650k to $750k: Limited time only, access up to a 75% Stamp Duty Concession up to $50,000 off that apartment.
  • Apartments over $750k: Limited time only, access a 37.5% Stamp Duty Concession up to $50,000 off that apartment.

To be eligible:

  • you must sign the contract between 31 August 2023 and 30 June 2025 (inclusive) and
  • the contract must be to purchase a new residential unit or apartment in a multi-tiered structure where development has commenced but not yet completed (off-the-plan).

Key Features

Situated over six levels the development features two elevators and three stairwells to service all 71 apartments. Being a well-orientated development, these apartments soak up lots of natural light and take in a range of views, with the premium designs enjoying northern aspects, city views and an outlook over Subiaco.

Set to feature a range of one, two and three bedroom apartments, all finished to the highest of standards design, functionality and quality. Each apartment comes complete with entertainer style kitchens fit with premium appliances, ample storage and flow. Living spaces have been designed as open-plan connecting to spacious terraces or balcony’s allowing you to enjoy seamless indoor/outdoor living.

Construction is well underway! Register your early interest and start planning your upgrade into one of these stunning apartments and the Subi lifestyle.

The Apartments

Priced from just $575k, Olive St apartments make modern inner-city living extremely affordable. Each apartment has been tailor made for modern living, with maximised functionality & privacy and a range of sustainable design features.

With a choice of two colour schemes, the interior features include a mixture of bold, modern design elements that will certainly make a striking first impression. From the engineered timber flooring, entertainer style kitchens to the open plan living spaces that seamlessly connect with the spacious terraces & balconies.

Standard features include

  • 1, 2 & 3 bedroom floorplans
  • 2 colour scheme options
  • 1 & 2 car bay options
  • Private storeroom
  • Outdoor living spaces up to 55m2
  • Stone benchtops and tiled splashbacks
  • European kitchen appliances including cooktop, oven, rangehood and dishwasher
  • Engineered timber flooring to the living, dining and kitchen
  • Carpet to the bedrooms, study and robes
  • Energy efficient LED downlights through with above counter LED strip lighting
  • Ducted reverse cycle air conditioning to living and bedrooms
  • Private laundry rooms and nooks with dryers provided

There are a number of upgrade options available to each apartment in the early stages of construction. Enquire below to discuss what upgrade options are available.

Register Your Interest


  • 1 Bed from $575k
  • 2 Bed from $710k
  • 3 Bed from $1.145m


It’s easy to see what makes Subi such a sought-after suburb to call home. With the city on renters’ doorsteps, plus the Swan River and Kings Park just moments away, the best of Perth is theirs to experience.

  • Median Rental Return in Subiaco (Units):

    • 1 bed: $500 per week

    • 2 bed: $650 per week

    • 3 bed: $900 per week

  • Average Rental Yield (units):

    • 1 bed: 6.7% rental yield

    • 2 bed: 6.0% rental yield

    • 3 bed: 5.4% rental yield

  • Vacancy Rate: 1.32%

  • Annual Rental Growth (units): 19.00%

  • Median Property Price (houses): $1,615,000
  • Interested Renters: 2,351

  • Proximity to CBD: 2.3km

*realestate.com.au/realestateinvestar.com.au, April 2024.

The Amenities

Co-Working Space

Olive St has been cleverly designed to feature communal “work from home” facilities, allowing you the convenience to work from home, while giving you the ability to separate home and work life. The Olive St co-working space comes complete with plenty of desk space, high-speed WiFi, booths for private calls a boardroom for client meetings. With the added bonus of great coffee next door!

Lifestyle Amenity

Every corner of this development has been considered to provide you with a sense of community and connection. Step outside of your apartment and wander through the leafy green outdoor spaces, spend time with friends or get to know your fellow neighbours in the BBQ area, spend your Sunday afternoon in the residents’ lounge or get cosy by the fire pit over a glass of red.

olive St. Subiaco


Olive St is part of the exciting revitalisation of Subi that will connect you to everything this esteemed suburb offers, shops, bars, restaurants, parks and so much more are all on your doorstep.

Subi is a truly sought-after suburb to call home. With the Perth CBD right on your doorstep, the Swan River and Kings Park just moments away, trains and buses to keep you connected and an abundance of great coffee, bars and nightlife within walking distance from your apartment, this is true inner-city living and yours to experience.



Register your interest

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