6/9 Shenton Street, Northbridge WA 6003

2-bed, 2-bath inner-city rarity | Fully renovated with park outlook | Secure complex, long-hold tenure | Strong rental yield potential This unit presents a competitively strong offering for an inner-city buyer or investor, defined by its two full bathrooms and comprehensive renovation within a secure complex—a configuration that is less common in the Northbridge apartment market. The leafy park outlook and dual balcony access enhance livability, positioning it well for professionals seeking a low-maintenance lock-up or an investor targeting durable rental appeal from a modernised property. Its value estimate aligns with recent building sales, suggesting market recognition of its premium finish. The primary decision hinges on the strata structure; costs are moderate but the 1996 build warrants scrutiny of the capital reserve for future works. The high proportion of long-term owners in the building suggests stability but may indicate slower turnover. For a buyer, the commercial logic is clear: secure it for a long-term hold to capitalise on suburban growth and a rental yield exceeding suburb averages. Proceed with a standard building inspection and strata report review to validate the holding cost assumptions. Recent sales within the same building provide a direct value benchmark: – 8/9 Shenton St (3 bed, 2 bath) sold for $650,000 in June 2024. – 1/9 Shenton St (2 bed, 1 bath) sold for $445,000 after a long hold. This unit’s $626,000 estimated value is justified by its superior two-bathroom layout and full renovation compared to the cheaper two-bedder, yet it sits below the three-bedroom sale, reflecting a logical market premium for its specific attributes.