31/250 Beaufort Street, Perth WA 6000

2-bedroom fringe apartment | 72sqm with balcony | 17-year hold, under offer | young professional pocket This property sits in a well-maintained 2005 complex with two pools, gym, and sauna—features that typically outperform in the 20-39 demographic that dominates this suburb. The 72sqm floorplan with private balcony and internal storeroom offers genuine liveability for a professional couple or single buyer. The 17-year ownership period suggests a seller with low cost base, which may create negotiation room despite the under-offer status. With 55% renters in the area and 15-day average days on market for 2-bedroom units, demand is clearly active and liquid. The primary risk is the strata burden—$968 quarterly plus $175 reserve fund—which eats into yield and may deter investors. The 2009 purchase date means no recent capital upgrades visible, so check for upcoming special levies. The 0% auction clearance rate in the area suggests off-market or private treaty deals dominate, so the under-offer status may not reflect competitive tension. For a buyer, this works best as a long-term hold in a walkable fringe location, or as a rental with the building’s proven yield range of 6.5-9.3% for similar units. Use the 17-year hold as a lever to test seller motivation before committing.