205/17 Davidson Terrace, Joondalup WA 6027
205/17 Davidson Terrace, Joondalup WA 6027
3 bed 2 bath 2 car apartment | Level 2 position | Mixed-use Joondalup precinct | Consistent 3-bed scheme | Hospital and transport close
This unit holds a genuine edge for its size. A three-bedroom, two-bathroom, two-car apartment is not the typical investor stock you see across Joondalup; it is a more substantial floorplan that suits owner-occupiers, particularly professionals or couples who want room to grow without moving into a house. The building itself runs a consistent three-bedroom product mix, which means neighbours are likely to be similar households rather than transient short-stay tenants. Being on level two gives a practical middle-ground position, above street noise but not so high that lift dependency becomes an issue. The Davidson Terrace precinct is urban and mixed-use, with the health campus, train station, shopping centre and freeway all within easy reach. That kind of convenience pulls demand from medical staff, university employees and commuters, giving the property a broad buyer and renter pool. It serves best someone who values location efficiency over suburban quiet, and who wants a lock-and-leave lifestyle with genuine bedroom count.
The value story here may hinge on how this unit compares to others in the same building, because internal condition, outlook and floor level can shift price meaningfully even with identical layouts. A higher-floor unit in the scheme has sold well above this one, which suggests presentation and aspect might be the differentiators. The mixed-use setting could also weigh on appeal for buyers wanting a purely residential street, though that same character supports strong rental depth. Strata levies and building management quality are worth checking, as older 1990s-era stock can carry higher maintenance expectations. The lack of verified finish details means you should inspect carefully to see whether the kitchen, bathrooms and flooring have been updated or remain original.
|| Comparable Sales: Unit 401 in same building sold $805k, Unit 207 sold $651k | Property Price Band: $600K–$700K | Value Drivers: Internal condition, floor level outlook, and proximity to hospital and transport
Detailed Independent Property Report prepared by PropCred Analyst team for 205/17 Davidson Terrace, Joondalup WA 6027
Checks found:
Value Risk
1
Liquidity Risk
2
Planning Risk
1
Income Risk
2
Execution Risk
URL has been copied successfully!
Market Insight
Joondalup holds a strong position as Perth’s northern commercial and education hub, supported by expanding transport links and infrastructure. Demand is led by young professionals and students seeking apartments, families buying townhouses and single-family homes, and investors drawn to the employment base in health and education. House prices reached a median of $928,500 with 8.3% annual growth, while units rose a sharp 17.5% to $587,500. Selling is brisk, with houses spending just 9–11 days on market and annual sales volume at 134. Rental conditions are tight: houses yield 4.48% on $700 weekly rent, and units yield 5.35% at $620. Future growth is anchored by ongoing infrastructure upgrades and amenity expansion, though volatility, over-development potential, and seasonal price swings remain constraints.
URL has been copied successfully!
PropCred Estimated Value
Comparable Sales: Unit 401 in same building sold $805k, Unit 207 sold $651k | Property Price Band: $600K–$700K | Value Drivers: Internal condition, floor level outlook, and proximity to hospital and transport
Bedrooms
3
Bathroom
2
Parking
2
Land
198m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
·
Reviewed by Matt Proctor, Principal Analyst
URL has been copied successfully!