K20/125 Herdsman Parade, Wembley WA 6014

Herdsman Lake outlook | two-car parking | boutique block | low turnover building. The unit’s lake-facing position in a low-supply building gives it a scarcity advantage over most Wembley apartments. Two dedicated parking spaces are rare at this price point and add everyday utility for a couple or professional sharer. The building’s single sale in twelve months signals low churn, which typically supports steadier value retention. This property suits a buyer wanting a long-term hold in a location with lifestyle amenity and limited nearby apartment supply. The main risk is the wide valuation gap—one recent sale at $460,000 against a $700,000 ask. That spread suggests the listing may be aspirational, and a buyer should negotiate hard, using the K5 sale as a factual anchor. There is no rental history in the building to test income potential, so an owner-occupier has a clearer case than an investor. Hold this unit for its location and parking edge; it is not a short-term trade.