11/24 Richardson Avenue, Claremont WA 6010

River views from both bedrooms | 107sqm on level 2 | first sale in 61 years | 85% owner-occupied building This unit occupies a rare position in a tightly held building where turnover has been almost nil for six decades. The 107sqm floorplan is unusually generous for a two-bedroom apartment, and the dual-aspect layout with river views from the master and a north-facing second balcony gives it a competitive edge over newer stock that often sacrifices space for finishes. The high owner-occupier ratio signals a well-maintained building with limited rental churn, which suits buyers seeking stable long-term holding rather than short-term flipping. It works best for downsizers or professionals who value light, space, and water outlook over modern fittings. The flood zone and bushfire risk designations are not dealbreakers but will affect insurance premiums and may limit some financing options. The lack of recorded sales history means price discovery relies entirely on comparable sales, which show a wide spread. The 15% rental presence is low but not zero, so strata governance should be reviewed. On the upside, the riverfront position and scarcity of listings in this building create a natural floor under value. The property is best held as a long-term residence or a low-turnover rental, with capital growth driven by location scarcity rather than renovation potential.