8/208 Fisher Street, Cloverdale WA 6105
8/208 Fisher Street, Cloverdale WA 6105
Compact dual-suite layout | low-maintenance lock-and-leave | strong recent growth for similar units | strata fees demand attention
This apartment is positioned as a genuine low-maintenance alternative within a suburb where large detached houses are the norm. The dual ensuite configuration is rarely offered at this level, giving it a clear advantage for owner-occupiers and investors alike. Its location near retail, transport corridors, and the Belmont town centre is regarded as a practical plus, while secure parking and a private balcony add everyday appeal. The property is best suited to a professional couple, a downsizer, or an investor looking for a tenant-friendly unit with minimal upkeep. Short-term price growth for a nearly identical unit on the same street suggests demand for this type is currently strong.
Strata fees may absorb a meaningful share of gross rental return, which might restrain buyer competition among investors. The small land component, relative to the larger lots common further along the street, may also limit long-term appreciation. Conversely, the unit’s light-filled layout, modern split-system air conditioning, and good storage could support a premium over older or less efficient stock, so the final figure will likely depend on how these trade-offs are balanced when buyers compare their options.
Detailed Independent Property Report prepared by PropCred Analyst team for 8/208 Fisher Street, Cloverdale WA 6105
Checks found:
Value Risk
1
Liquidity Risk
1
Planning Risk
2
Income Risk
1
Execution Risk
1
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Market Insight
Cloverdale, 10km east of Perth, is a tightly held market with just 113-142 house sales annually. The median house price sits near $800,000, with annual growth of 12-15%; units are at $534,000, growing 16-24%. Demand is driven by relative affordability, proximity to infrastructure links, and rental yields of 4.2% for houses and 6.2% for units. Houses sell in 14 days, and weekly rents are $700 (houses) and $650 (units), reinforcing investor interest. Future growth is supported by tight supply and transport access, while key risks include interest-rate sensitivity and thin sales volumes that amplify price swings.
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PropCred Estimated Value
Comparable Sales: 5/208 Fisher Street sold $530k; 316 Fisher Street sold $730k but with a larger house. | Property Price Band: $500K–$600K | Value Drivers: dual ensuite layout; overall condition; low-maintenance appeal.
Bedrooms
2
Bathroom
2
Parking
1
Land
1021m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
·
Reviewed by Matt Proctor, Principal Analyst
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