1/23 Knowsley Street W, Derby WA 6728
1/23 Knowsley Street W, Derby WA 6728
Boutique six-unit complex | generous 283sqm allotment | three-car parking edge | regional rental demand driver
The property’s core strength is its uncommon lot size and parking provision within a small complex, which translates to a competitive edge in Derby’s market. This configuration is rare for a unit and supports strong appeal to tenants with vehicles, particularly workers in the region. It serves best as a low-maintenance holding for investors or owner-occupiers seeking functional space.
The primary risk is the demonstrated capital depreciation in the same complex, which signals potential for sluggish upside. The regional location adds exposure to employment shifts and insurance costs. Yet, the rental demand from local industries and the parking advantage buffer downside. Hold for income, not growth.
Detailed Independent Property Report prepared by PropCred Analyst team for 1/23 Knowsley Street W, Derby WA 6728
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Market Insight:
Driven by a highly specialized local economy, Derby provides unique regional infrastructure tailored to corporate workforces, essential workers, and yield-focused investors. The market has recently seen intense localized demand, offering exceptionally high rental yields and robust transactional velocity driven by broader resource sector activity. Although yields are incredibly attractive, prospective investors should watch out for sudden shifts in corporate housing policies which can rapidly impact local rental demand.
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PropCred Estimated Value
Bedrooms
2
Bathroom
2
Parking
3
Land
283m²
Assessments Delivered Today
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