18/28 Stirling Highway, Nedlands WA 6009
18/28 Stirling Highway, Nedlands WA 6009
Mixed-use corridor position | Professional strata office stock | Strong institutional proximity | Older building fabric | Car bays included
This property sits within a well-established professional corridor on Stirling Highway, a location that carries genuine weight for buyers seeking proximity to UWA, the QEII Medical precinct, and Kings Park. The complex offers shared amenities like a boardroom, reception services, and kitchen facilities, which are practical advantages for small businesses or medical professionals who want a polished presence without the overhead of managing their own infrastructure. The inclusion of car bays adds meaningful convenience in an area where parking can be tight. The building itself is older stock, so the value here leans more on location and function than on modern finishes or architectural distinction. It suits an owner-occupier professional who values accessibility and a credible address over brand-new presentation, or an investor comfortable with the long-term fundamentals of a blue-chip western suburbs corridor.
The age of the building may influence ongoing maintenance expectations, and the mixed-use nature of the corridor means the surrounding environment is busier than a purely residential street. Traffic exposure along Stirling Highway is a real consideration, though it also supports visibility for professional signage. The exact floor level and internal condition of this particular unit are not confirmed, which could affect light, outlook, and noise. Buyers should weigh the balance between the convenience of the location and the potential need for refurbishment. The property may appeal more to a user than a passive investor, given the commercial orientation and shared facilities, but the strong institutional anchors nearby provide a solid demand base that supports both rental and resale prospects.
|| Comparable Sales: 16/28 Stirling Highway sold $575,000 | 23/18 Stirling Highway marketed $140,000 | Property Price Band: $500,000–$600,000 | Value Drivers: Car bays, shared amenities, institutional proximity
Detailed Independent Property Report prepared by PropCred Analyst team for 18/28 Stirling Highway, Nedlands WA 6009
Checks found:
Value Risk
Liquidity Risk
1
Planning Risk
1
Income Risk
Execution Risk
1
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Market Insight
Nedlands is an affluent riverside suburb in Perth, with house values at $2.705 million after 14.6% annual growth and units at $1.2 million after a 46.3% surge. Demand is driven by high-income professionals drawn to university and hospital precincts and strong school catchments, while tight supply—69 houses and 29 units—keeps days on market at 15 for houses and vacancy at 0.58%. Annual sales volume of around 134 houses underscores liquidity. Growth drivers include transport links and institutional proximity, but affordability constraints and interest-rate sensitivity temper upside, with gross house yields at 2.6%.
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PropCred Estimated Value
Comparable Sales: 16/28 Stirling Highway sold $575,000 | 23/18 Stirling Highway marketed $140,000 | Property Price Band: $500,000–$600,000 | Value Drivers: Car bays, shared amenities, institutional proximity
Bedrooms
2
Bathroom
1
Parking
1
Land
88m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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