51/8 Hordern Street, Victoria Park WA 6100

51/8 Hordern Street, Victoria Park WA 6100
3 bed 2 bath 2 car apartment | Resort complex with pool and gym | Flood overlay present | Premium family apartment in Victoria Park This apartment is competitively strong because it offers a rare configuration for inner suburban Perth: three bedrooms, two bathrooms, and two secure car bays in a 2010 built complex with genuine resort style amenities. Most apartments in Victoria Park are smaller one or two bedroom investor grade stock, so this property serves a different buyer entirely. It suits downsizers who want lock up and leave living near the river and city, professionals who need space for a home office, and small families who want the school catchment access without the maintenance of a house. The 23 square metre balcony and 90 square metre internal area give it a feel closer to a townhouse than a standard apartment, and the complex facilities like the pool gym and common dining room add daily lifestyle value that typical walk up units cannot match. This is not ordinary apartment stock for the suburb; it is positioned at the upper end of what is available and that is reflected in how it feels when you walk through. What might materially affect the value or sale price of this property is the flood overlay noted on the property record. Buyers should investigate what that means for insurance costs and whether it has ever affected the building or the underground parking. Strata levies were quoted around twelve hundred dollars per quarter in earlier campaigns, and current levies may differ depending on the sinking fund balance and any upcoming maintenance for the pool or gym. The aspect is not confirmed from available information, so a north or east facing balcony would add to the appeal while a south or west outlook might reduce it slightly. These are the factors a buyer should weigh when forming a view on price, because the property itself is strong but the context around it matters.
Detailed Independent Property Report prepared  by PropCred Analyst team for 51/8 Hordern Street, Victoria Park WA 6100
Checks found:
Value Risk 2
Liquidity Risk 2
Planning Risk 2
Income Risk ! 1
Execution Risk ! 1
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Market Insight

Victoria Park is positioned as a high-demand inner-city suburb experiencing robust capital appreciation, particularly in its housing market. Demand is driven by buyers seeking proximity to the city and lifestyle amenities, with strong competition for limited stock. The market has demonstrated significant upward momentum, reflecting tight conditions and sustained buyer interest. Future growth is underpinned by its established appeal and ongoing urban renewal, though potential constraints include affordability pressures and the limited availability of new land for development.
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PropCred Estimated Value

Bedrooms

3

Bathroom

2

Parking

2

Land

141m²

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