1504/105 Stirling Street, Perth WA 6000

Larger-than-standard layout in a premium complex | prime CBD-fringe position with walkability | strong owner-occupier majority in building | two car bays in a tight parking market This property’s competitive edge is its size — roughly 20 square metres above typical two-bedroom units in the same complex — which gives it a scarcity premium in a building where most apartments trade at a median well below this unit’s implied value. The two parking spaces are a material advantage in a central location where car bays are often leased separately or fought over. With 60% owner-occupiers and a young professional demographic concentrated around the CBD, this unit suits an investor targeting tenants willing to pay above-median rent for space and amenity, or an owner-occupier who values the heated pool, gym, and rooftop garden as daily-use features rather than marketing points. The main risk is valuation dispersion — the gap between the most recent automated estimate and the broader building median suggests pricing may need to find its level through negotiation, particularly given the expressions-of-interest process. The 2017 build means depreciation benefits are still available but tapering, and the strata levy history should be checked for any upcoming special contributions. The location on Stirling Street carries some traffic noise, though the building’s construction standard and orientation mitigate it. For a buyer, this property works best as a hold-and-occupy or hold-and-lease play where the extra space and dual parking underwrite above-average rental demand and capital resilience in a market that rewards differentiation.