2/70 Kinsella Street, Joondanna WA 6060
2/70 Kinsella Street, Joondanna WA 6060
3 bed 1 bath 2 car unit | 91m² mid-sized attached home | Owner-occupied street, 80% owners | Inner-north Joondanna, strong commuter appeal
This unit sits in a practical middle ground within Joondanna’s attached housing market. At 91 square metres with three bedrooms and two parking spaces, it offers more room than the typical two-bedroom apartment in the street while remaining more compact than the larger townhouse-style units nearby. That configuration suits a first-home buyer wanting separation between bedrooms, or an investor targeting tenants who need parking for two vehicles. The suburb’s inner-north position, with easy freeway access and established residential streets, supports steady demand from owner-occupiers and renters alike. Given the street’s strong owner-occupier base, this property likely appeals to buyers prioritising a settled neighbourhood over new-build finishes.
The value picture here depends heavily on how the interior presents, since the listing confirms little about condition or renovation level. A well-maintained unit with modern kitchen or bathroom updates may trade toward the upper end of its band, while one needing cosmetic work might attract buyers seeking a project. The 91 square metre floor area, if accurate, gives it an edge over smaller apartments, but the lack of confirmed build year and floor level means buyers should verify these details during inspection. The 2019 last sale date suggests limited recent turnover, which may mean the property has been held for several years, potentially offering negotiation room if the current owner is motivated.
|| Comparable Sales: 12/42 Kinsella Street sold $570,000 Nov 2024; 2/17 Kinsella Street larger townhouse unit, higher band | Property Price Band: $500,000–$600,000 | Value Drivers: interior condition, actual floor level, parking configuration, layout efficiency
Detailed Independent Property Report prepared by PropCred Analyst team for 2/70 Kinsella Street, Joondanna WA 6060
Checks found:
Value Risk
Liquidity Risk
Planning Risk
1
Income Risk
2
Execution Risk
2
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Market Insight
Joondanna, six kilometres from Perth, is a tightly held inner-suburban market defined by professional households in the 30-39 age bracket, a majority of whom hold mortgages. Demand is driven by proximity to North Perth and Osborne Park, local primary schooling, and passive recreation spaces anchored by Roberts Street’s water-tower park. House prices have surged 18.7-22.5% annually to a median of roughly $1.15 million, with units climbing 20.3% to $661,852; homes sell in under two weeks, reflecting inventory constraints—just two listings last month. Rental demand remains firm, with house rents at $850 weekly and unit yields at 4.5%. Future growth hinges on ongoing limited supply and inner-city appeal, but affordability and rate sensitivity pose clear risks given the high share of mortgaged owners and incomes about 10% below the Greater Perth average.
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PropCred Estimated Value
Comparable Sales: 12/42 Kinsella Street sold $570,000 Nov 2024; 2/17 Kinsella Street larger townhouse unit, higher band | Property Price Band: $500,000–$600,000 | Value Drivers: interior condition, actual floor level, parking configuration, layout efficiency
Bedrooms
3
Bathroom
1
Parking
2
Land
1009m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
·
Reviewed by Matt Proctor, Principal Analyst
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