6/9 Orleans Street, Spearwood WA 6163

6/9 Orleans Street, Spearwood WA 6163
Spacious 2×2 unit | large alfresco uncommon for apartment | stable owner-occupier building | strong walk-to-retail location This unit offers a floor plan and outdoor space that is genuinely rare for a 2-bedroom apartment in this price band, with the covered alfresco and balcony functioning almost like a small courtyard. The 2016 build, secure complex, and study nook make it a strong option for a downsizer or professional who values indoor-outdoor flow over a house yard. The rental estimate near $715 per week and mid-5% yield potential are solid, but the real edge is the building’s stable owner-occupier tenure—averaging over six years—which suggests good livability and limited turnover risk. The main cost to weigh is the $1,015 quarterly strata, which is not excessive for a complex of this age but does compress net return for an investor. No bushfire, flood, or heritage overlays were flagged, so planning risk is low. The property sits in a convenient Spearwood pocket with easy access to Fremantle and the coast, which supports both resale demand and rental appeal. For a buyer, this is a low-maintenance hold that suits either occupation or long-term rental, provided the purchase price stays within the early $700s range to preserve the yield advantage.
Detailed Independent Property Report prepared  by PropCred Analyst team for 6/9 Orleans Street, Spearwood WA 6163
Checks found:
Value Risk ! 1
Liquidity Risk
Planning Risk 2
Income Risk
Execution Risk
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Spearwood WA 6163

Spearwood is a high-growth suburb experiencing exceptional capital appreciation, significantly outperforming neighbouring areas in both house and unit price growth. Demand is driven by a robust local workforce and strong rental returns, particularly for units, which are attracting investor interest. The market is characterised by rapid sales and rising rents, indicating sustained buyer competition. Future growth is underpinned by this momentum, though the pace of recent gains suggests a market approaching peak affordability for some segments.
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PropCred Estimated Value

Bedrooms

2

Bathroom

2

Parking

1

Land

132m²

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