46/2 Bardon Place, Maylands WA 6051
46/2 Bardon Place, Maylands WA 6051
2×1 third-level unit | 1970s build | 51mยฒ | Maylands apartment market | last sold 2010, leased July 2024
This unit offers a rare combination in Maylands: a compact, well-presented third-level apartment in a 1970s complex with strong rental history and low days on market. The open-plan tiled interior and single parking space suit first-home buyers or investors seeking a low-maintenance foothold in an established suburb with active turnover. The 70% owner-occupier ratio in the building suggests stable occupancy and reasonable neighbour quality.
The detected bushfire risk is a genuine concern for insurers and may affect lending on older strata stock, though no flood or heritage overlays were flagged. The 51mยฒ floor area is tight for owner-occupiers wanting space, but the 2010 sale and recent July 2024 lease indicate the unit holds value in a market where 2-bedroom units median near $570,000. The opportunity lies in its off-market status, allowing a buyer to negotiate without auction pressure, provided they verify strata health and bushfire mitigation measures for the building.
Detailed Independent Property Report preparedย by PropCred Analyst team forย 46/2 Bardon Place, Maylands WA 6051
Market Insight:
Maylands is a vibrant, well-connected suburb attracting young professionals, driving strong demand and competitive sales conditions. Recent price growth has been robust across both houses and units, reflecting its appeal and tight market. Future growth is underpinned by demographic momentum and infrastructure, though affordability pressures and a relatively high proportion of rental stock present key considerations for market exposure.