49/31 Wellington Street, Mosman Park WA 6012

49/31 Wellington Street, Mosman Park WA 6012
60mยฒ 6th-floor unit | Mosman Park balanced owner-renter mix | 2-bedroom edge in tight market | 10-day average sell time This property offers a rare competitive position in Mosman Parkโ€™s two-bedroom unit market, where the median price sits at $600k and average days on market are just ten. The 55-65mยฒ internal area on the sixth floor provides a configuration edge over smaller units, and the buildingโ€™s balanced 50% owner-occupier profile signals stable tenancy and maintained common standards. It best serves a buyer seeking a low-maintenance entry into a sought-after coastal suburb with strong catchment schoolingโ€”Mosman Park Primary at 0.5 km and Shenton College within reach. The lack of recent sales history or floor plans introduces valuation uncertainty, and the 2015 last-sold date may mask deferred capital growth. The 64% male demographic skew in the area is unusual and may affect local amenity preferences. However, the 32% of residents aged 20-39 suggests a younger, potentially upwardly mobile tenant pool, supporting future rental demand. The buildingโ€™s 72-property size and 50% renter share carry no immediate risk but warrant a strata inspection for sinking fund adequacy.
Detailed Independent Property Report preparedย  by PropCred Analyst team forย 49/31 Wellington Street, Mosman Park WA 6012
WhatsApp
Copy link
URL has been copied successfully!
FbMessenger
WeChat

Market Insight:

Mosman Park is an affluent, aspirational suburb with exclusive properties and prized views, attracting buyers seeking architectural distinction. Demand is driven by this prestige, creating a high-value market. Recent price growth has been exceptionally strong across both houses and units, with properties transacting swiftly, indicating a robust and competitive environment. Future growth is anchored in its enduring desirability and limited, high-quality housing stock, though its premium positioning inherently constrains broader affordability.
WhatsApp
Copy link
URL has been copied successfully!
FbMessenger
WeChat

PropCred Estimated Value

Bedrooms

2

Bathroom

1

Parking

1

Land

65mยฒ

Assessments Delivered Today

WhatsApp
Copy link
URL has been copied successfully!
FbMessenger
WeChat