1/7 Ninth Avenue, Maylands WA 6051

1976-built 3-bed unit | single-level complex | walkable Eighth Ave precinct | private courtyard | strata lot This property presents a competitively priced, high-utility entry into a tightly held suburb, offering a rare three-bedroom configuration within an easy-care complex. Its primary strength is the functional floorplan with dedicated outdoor space, serving owner-occupiers seeking low-maintenance living or investors targeting small families, given the strong rental yield implied by its location. The unit is positioned for capital growth, leveraging its walkability to Maylands’ vibrant cafe and retail heart, which sustains tenant demand. The decision hinges on accepting the trade-offs of older strata stock. The main cost is the 1976 build, which may require capital for ongoing updates, and the single bathroom limits appeal compared to modern layouts. However, the significant equity gain since its 2020 purchase demonstrates the suburb’s momentum. Acquire as a long-term hold; the commercial logic is to secure a large-format unit in a rising location where land value underpins the strata title. Recent comparable sales data is limited for direct three-bedroom unit comparisons in the immediate vicinity. The property’s own last sale in April 2020 was $285,000. This established price point provides a clear baseline, indicating substantial market appreciation prior to the current listing. For buyers, this history underscores the suburb’s growth trajectory but necessitates thorough due diligence on recent sales of similar vintage units to validate the current asking premium.