1/226 Beaufort Street, Perth WA 6000
1/226 Beaufort Street, Perth WA 6000
West-facing balcony | boutique block of 34 | 139sqm total | Highgate Primary catchment | strong rental yield
The property’s key competitive advantage lies in its unusually generous 55sqm west-facing balcony, which creates an outdoor living space rare in Perth apartments. Combined with 84sqm of internal area, the total 139sqm positions it well above typical 2-bedroom offerings in the city. The boutique complex of 34 units suggests a lower density living environment, appealing to owner-occupiers seeking space and privacy. Its location within the Highgate Primary catchment and proximity to IGA and Woolworths makes it suitable for professionals or downsizers who value walkability without sacrificing square footage. The 13.2% annual growth in Perth’s 2-bedroom market supports a favourable entry point for capital appreciation.
The primary risk is the property’s position in a street with a 65% renter split, which may affect long-term owner-occupier demand and resale liquidity. The west-facing balcony, while a standout feature, may expose the unit to afternoon heat and requires consideration of shading or glazing. No bushfire, flood, or heritage overlays reduce regulatory uncertainty. The 5.9% rental yield in the broader market suggests income potential is solid, but the buyer should verify whether the $820โ$910 weekly rental estimate reflects current achievable rates given the renter-heavy street profile. The 2011 build year means the property is not new but avoids age-related obsolescence, and FTTP connectivity adds a marginal convenience.
Detailed Independent Property Report preparedย by PropCred Analyst team forย 1/226 Beaufort Street, Perth WA 6000
Market Insight:
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.