29/11 Regal Place, East Perth WA 6004

Prime position near Swan River and stadium | 95sqm floorplan with balcony | strong rental yield over 5% | secure complex with lock-and-leave appeal The property offers a rare combination of size and location in East Perth, with a 95sqm floorplan that includes a genuine balcony and open living that holds value better than smaller units in the same complex. The secure complex with 55% owner occupancy and a recent comparable sale at $610,000 shows the building supports price growth. This unit suits a buyer seeking a low-maintenance home base or a rental investment near the stadium precinct, where short-term demand and the 5.4% suburb yield provide income resilience. The main risk is the 2002 last sale price, meaning no recent equity data for this specific unit, and the comparable sales show mixed growth with some units under 2% annually. The unit is fully furnished which reduces upfront costs but limits personalisation for an owner-occupier. Opportunities include leveraging the strong rental demand for short-term stays during events and the free CAT bus network for CBD access. Hold this property for rental income or as a lock-and-leave base while the area benefits from ongoing stadium and foreshore activity.