2/4 Villiers Street, Yokine WA 6060
2/4 Villiers Street, Yokine WA 6060
Ground-floor unit | 1967 build | Refurbished throughout | Fixed lease to October 2026 | Compact 70 m² | Undercover parking
This property occupies a ground-floor position within a low-rise 1960s complex, with a full interior refurbishment that sets it apart from much of the older stock in Yokine. The modern kitchen, updated bathroom, and integrated laundry are finished in neutral tones, making it immediately liveable without further work. The fixed tenancy at $470 per week provides a secure income stream through October 2026, which will appeal strongly to investors seeking a low-management holding in an established inner-northern suburb. First-home buyers and downsizers are also well served by the easy-care layout, sheltered outdoor patio, and reverse-cycle air conditioning. The complex sits on a larger corner landholding, which may offer future strata or redevelopment flexibility, though the immediate value lies in the turnkey condition and rental coverage.
The 1967 build era means this property sits within an older strata structure, which may carry ongoing fees and limited scope for major capital improvements without body corporate approval. The compact 70 m² floor area and single carport are functional for one or two occupants but may feel constrained for families or those requiring multiple vehicles. The fixed lease to 2026 locks in current rental income, but any future vacancy or rent adjustment could affect yield if market conditions shift. A buyer should weigh the refurbished interior against the underlying age of the building and the strata obligations when forming a view on price.
Detailed Independent Property Report prepared by PropCred Analyst team for 2/4 Villiers Street, Yokine WA 6060
Checks found:
Value Risk
Liquidity Risk
2
Planning Risk
1
Income Risk
Execution Risk
1
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Market Insight
Yokine is a resilient inner-northern suburb exhibiting robust market conditions, with both houses and units experiencing strong annual price growth. Demand is driven by a broad market seeking well-presented family homes, supported by Perth-wide population growth and critically low vacancy rates. The market is exceptionally tight, with houses selling rapidly, indicating intense competition for limited quality stock. Future growth is underpinned by these persistent demand fundamentals, though affordability pressures on the outer suburbs highlight a key constraint, suggesting established suburbs like Yokine may benefit from a relative flight to quality amid broader supply shortages.
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PropCred Estimated Value
Bedrooms
2
Bathroom
1
Parking
1
Land
2958m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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