16/158 George Street, Queens Park WA 6107
16/158 George Street, Queens Park WA 6107
3 bed 2 bath unit with 1 car space on a 179mΒ² lot, valued around $720Β739k with rents $690Β810pw.
Practical and low-maintenance, this unit sits in a complex with a single car space on a compact 179mΒ² lot. It suits first home buyers seeking entry-level ownership, downsizers wanting minimal upkeep, or investors aiming for steady rental returns around $750 per week. It is located in a family-oriented area with good walkability to Queens Park Station for easy city commutes and close to St JosephΒs Primary and St Norbert College for schooling options.
Demand remains steady for transport- and school-adjacent units, with this listing attracting investor and buyer interest. The area skews younger (roughly half aged 20Β39) and professional occupancy supports reliable rentals. Benefits include solid connectivity and zoning considerations, with no bushfire, flood, or heritage risks flagged in the vicinity. Potential drawbacks are the shared complex management and limited outdoor space compared with standalone homes. Growth hinges on infrastructure proximity and ongoing transport links, with opportunities for value-add renovations to lift rents, while risks include strata maintenance fees and competition from similar nearby units.
Independent, Unbiased Research Report for this property by PropCred Analyst teamΒ