2/334 Belmont Avenue, Kewdale WA 6105

2/334 Belmont Avenue, Kewdale WA 6105
Tenanted unit | Above-median asking | Strong yield 5.45% | 100% renter block | Bushfire overlay noted This property is positioned primarily for the investor seeking immediate, above-market rental return in an active submarket. The tenancy secured until late 2026 provides income certainty, and the gross yield near 5.45% is competitive for a 2-bedroom unit in Kewdale, where median days on market are only nine and turnover is consistent. The location near Belmont Forum, transport, and schools supports ongoing tenant demand, and the modern kitchen and bathroom reduce near-term maintenance risk for a buyer. It serves best a passive investor prioritising cash flow over capital growth in a rental-dominant building. The asking price sits notably above the local 2-bedroom unit median, which may not be supported if comparable sales are softer or if the building’s 100% renter profile indicates lower owner-occupier demand and potential resale limitations. The bushfire overlay requires formal confirmation and may affect insurance costs or lending criteria. Strata levies, special levy risk, and the lease’s rent review clause are unverified and should be confirmed before commitment. The opportunity lies in negotiating closer to median if the premium lacks justification from building quality or land content.
Detailed Independent Property Report prepared  by PropCred Analyst team for 2/334 Belmont Avenue, Kewdale WA 6105
Checks found:
Value Risk ! 1
Liquidity Risk ! 1
Planning Risk ! 1
Income Risk ✕ 2
Execution Risk ✓
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Market Insight

Kewdale is positioned as a tightly held, family-oriented suburb with strong transport links to major employment hubs, including the airport precinct. Demand is driven by families seeking established homes near quality schools and by investors attracted to the competitive rental yields. The market exhibits robust price growth and rapid sales, reflecting high competition amid constrained supply. Future growth is underpinned by its strategic location and steady demand from local workers, though affordability pressures and limited listings present ongoing constraints.
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PropCred Estimated Value

Bedrooms

2

Bathroom

2

Parking

1

Land

758m²

Research & Review Prepared by Steve Dalton, Senior Analyst · Reviewed by Matt Proctor, Principal Analyst
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