2/19 Ilumba Way, Nollamara WA 6061

Small complex, 7 units | Owner-occupied building | School catchment proximity | Rental yield benchmark available This unit sits within a tightly held seven-property complex that is fully owner-occupied, a configuration that typically supports stronger capital preservation and lower turnover than investor-heavy blocks. The 73-square-metre internal area is generous for a two-bedroom apartment, and the building’s 100% owner-occupier profile often results in better common-area maintenance and quieter living conditions. For a buyer seeking a low-maintenance home within walking distance of both a primary and secondary school, this property offers practical appeal, particularly given the scarcity of stock on this small street. The primary risk lies in verifying the exact floor plan and any body corporate fees, as smaller complexes can carry proportionally higher levies. The end-date sale method introduces competitive uncertainty, though the recent $450,000 sales for comparable units in the same building provide a transparent pricing reference. The rental benchmark of nearly 7% gross yield for a similar unit suggests this could suit an investor seeking immediate income, but the owner-occupied character may limit future rental supply, which supports vacancy resilience.