18/369 Hay Street, Perth WA 6000
18/369 Hay Street, Perth WA 6000
Under offer after a quick listing, a 3-bed, 2-bath, 99sqm first-floor unit in Royale Apartments with resort-style amenities offers strong gains since 2019 and an approximate $1k per week rental yield.
Spacious 99sqm internal layout centers on open-plan kitchen, living, and dining flowing to a balcony, with three generous bedrooms including a main with ensuite, a second bathroom, an internal laundry, and two secure parking spaces. Located on the first floor within the Royale Apartments complex, residents enjoy resort-style facilities such as a pool, gym, and communal areas, appealing to downsizers, young professionals, or investors seeking inner-city vibrancy without high-rise density. The layout supports families or shared living with room separation and storage, while dual parking eases CBD access.
Detailed Independent Property Report prepared by PropCred Analyst team for 18/369 Hay Street, Perth WA 6000
Checks found:
Value Risk
1
Liquidity Risk
2
Planning Risk
Income Risk
1
Execution Risk
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Insight: Perth WA 6000
Perth’s inner-ring suburbs are positioned as highly competitive, transport-connected locations. Demand is driven by equity-rich upgraders, downsizers, and investors, alongside first-home buyers contending with rapid entry-level price rises. The market exhibits exceptionally strong price growth and tight conditions, with listings far below long-term averages and properties selling rapidly. Future growth is supported by sustained population increases and critically low rental vacancy rates, though key risks include significant affordability constraints and potential sensitivity to interest rate movements.
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PropCred Estimated Value
Bedrooms
Bathroom
Parking
Land
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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