1/11 Dongara Street, Innaloo WA 6018

1/11 Dongara Street, Innaloo WA 6018
2-bedroom apartment | 2017 build | dual parking | Innaloo location | strata complex of 7 This unit offers a rare combination of modern construction, dual parking, and a low-density strata complex in Innaloo, which is competitively positioned for owner-occupiers seeking a lock-and-leave property near amenities. The 2017 build reduces immediate maintenance concerns, while the two-car accommodationโ€”garage plus carportโ€”provides a tangible edge over most apartments in this price tier. The property serves best as a first home or downsizer option, where the courtyard and efficient floor plan add practical livability without strata complexity. The primary risk is the 68mยฒ internal area, which may feel constrained for buyers accustomed to older units with larger rooms, and the 2017 sale price of $375,000 suggests limited capital growth relative to the current estimated value of $789,000, indicating the buyer is paying for location and newness rather than size. The lack of recent sales data for the complex means resale comparables are thin, but the low number of units (seven) keeps strata fees manageable and owner-occupier focus high. Hold this property as a long-term residence or rental; the rental yield estimate of $780 per week supports a sound investment if purchased near the lower end of the value range.

Independent, Unbiased Research Report for this property by PropCred Analyst teamย 

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Market Insight:

Innaloo is a well-connected suburb offering a compelling mix of urban convenience and coastal proximity, anchored by major retail facilities. Demand is driven by a young demographic seeking lifestyle benefits, reflected in a consistently fast-moving market with strong recent price appreciation. Future growth is underpinned by its enviable location and low vacancy rates, though high entry costs and sensitivity to economic conditions present key considerations for buyers.
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PropCred Estimated Value

Bedrooms

2

Bathroom

2

Parking

2

Land

710mยฒ

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