56/1 Brigid Road, Subiaco WA 6008
56/1 Brigid Road, Subiaco WA 6008
2 bed 2 bath 2 car | Pool gym apartment | Central Subiaco Square | Walk to train and shops | High strata but strong amenity
This apartment holds a competitive edge in Subiaco’s apartment market through its rare combination of two secure car bays, a swimming pool, and a gym within a central square location. The 91-square-metre layout with an 11-square-metre balcony and separate storage offers practical space for downsizers or professionals who prioritise walkability to the train station, shops, and dining. It sits toward the upper end of amenity for apartment stock in the area, serving buyers who value convenience and security over a larger footprint or lower ongoing costs. The current lease to May 2025 provides immediate rental income, though the property’s primary appeal is to owner-occupiers seeking a low-maintenance, central base.
The strata fees of $1,393 per quarter and council rates of $2,303 per year are material costs that may affect the property’s affordability compared to simpler apartments in the suburb. Without disclosed floor level, aspect, or building age, the quality of light, outlook, and potential for future maintenance levies remain uncertain. The central location and high-density zoning suggest strong demand, but buyers should weigh these outgoings against the convenience premium. The side-by-side car bays and storage add tangible value in a market where parking is often limited, yet the property’s price will ultimately depend on how much buyers pay for that amenity versus lower-cost alternatives nearby.
Detailed Independent Property Report prepared by PropCred Analyst team for 56/1 Brigid Road, Subiaco WA 6008
Checks found:
Value Risk
!
1
Liquidity Risk
!
1
Planning Risk
!
1
Income Risk
✓
Execution Risk
✕
2
Subiaco WA 6008
Subiaco is a vibrant, sought-after suburb experiencing a renaissance, attracting lifestyle-focused first home buyers, downsizers, and investors. Strong buyer demand is driving robust price growth across both houses and units, with the market moving swiftly. Its enduring appeal and prime location underpin long-term potential, though high house prices present a significant affordability constraint, while the limited availability of apartments may further pressure the market.
PropCred Estimated Value
Bedrooms
3
Bathroom
2
Parking
2
Land
223m²
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Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst