422/3 Airlie Street, Claremont WA 6010

422/3 Airlie Street, Claremont WA 6010
Large format apartment | 3 bed 2 bath 2 car | North facing balcony with ocean views | Premium Claremont positioning This apartment sits well above typical unit stock in Claremont, offering a rare combination of substantial internal space, generous outdoor living, and a north facing balcony that captures Indian Ocean views. At 257 square metres with a dedicated 99 square metre outdoor area and two car parking, it competes more with top end apartment product than standard suburban units. The configuration and location naturally suit downsizers seeking single level living without sacrificing space, executive owner occupiers who value lock up and leave convenience, and affluent families wanting proximity to Claremonts retail and transport corridors while retaining a premium outlook. The reported size and orientation are the primary value drivers here, though the property records show significant inconsistency across platforms which may affect how the market prices it. A north facing balcony with ocean aspect in this suburb commands a premium, but buyers should weigh whether the current floor plan and finishes justify the asking level given no verified renovation history or specification schedule is available. The 2020 sale provides a reference point, but market conditions have shifted since then and comparable sales in this specific product type are scarce in the immediate area. The school catchment for North Cottesloe Primary and Shenton College adds structural demand, though official boundary confirmation should be sought before relying on it for purchasing decisions
Detailed Independent Property Report prepared  by PropCred Analyst team for 422/3 Airlie Street, Claremont WA 6010
Checks found:
Value Risk ✓
Liquidity Risk ✓
Planning Risk ✓
Income Risk ✕ 2
Execution Risk ! 1
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Market Insight

Claremont is a premium riverside suburb with a clear market hierarchy, where established family homes command significant premiums over more accessible apartments. Demand is driven by affluent owner-occupiers seeking its prime location and lifestyle, supported by high household incomes. The market is characterised by strong capital growth, particularly for houses, and exceptionally tight selling conditions with properties transacting rapidly. Future growth is underpinned by sustained high demand against consistently low inventory, though this supply constraint also presents a key market risk.
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PropCred Estimated Value

Bedrooms

3

Bathroom

2

Parking

2

Land

257m²

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