11/2 Braid Street, Perth WA 6000
11/2 Braid Street, Perth WA 6000
Double-storey townhouse format | Two car bays in inner city | Built in 2008 | Bushfire overlay noted
This property stands out for its double-storey townhouse configuration in a central Perth location, offering genuine two-car parking that is uncommon for apartment-style living. Built in 2008, it provides a low-maintenance alternative to older stock while retaining generous internal space of around 104 square metres. The 168 square metre parcel adds a private outdoor element that typical units lack. This property is best suited to owner-occupiers who value separation of living and sleeping areas, downsizers seeking convenience without sacrificing parking, or professional couples wanting a foothold in the inner city. The format commands a premium over standard two-bedroom apartments in the same suburb.
The bushfire overlay may influence insurance costs and lending criteria, though it does not necessarily limit liveability. The property’s value may be affected by its specific position within the complex, particularly aspect, natural light, and privacy from neighbouring units. Without evidence of premium amenities like a lift or pool, the price will be driven primarily by the rare two-car parking and townhouse layout rather than complex facilities. The absence of recent comparable sales data for the exact configuration means the price should be assessed against the strength of the floor plan and land component rather than general unit trends.
Detailed Independent Property Report prepared by PropCred Analyst team for 11/2 Braid Street, Perth WA 6000
Checks found:
Value Risk
Liquidity Risk
Planning Risk
Income Risk
1
Execution Risk
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Market Insight
Perth’s inner-ring suburbs are positioned as highly competitive, transport-connected locations. Demand is driven by equity-rich upgraders, downsizers, and investors, alongside first-home buyers contending with rapid entry-level price rises. The market exhibits exceptionally strong price growth and tight conditions, with listings far below long-term averages and properties selling rapidly. Future growth is supported by sustained population increases and critically low rental vacancy rates, though key risks include significant affordability constraints and potential sensitivity to interest rate movements.
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PropCred Estimated Value
Bedrooms
2
Bathroom
2
Parking
2
Land
168m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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