1/38 Brandon Street, Kensington WA 6151
1/38 Brandon Street, Kensington WA 6151
3-bed unit | 2007 build | north courtyard | single garage | strata scrutiny
A rare combination is offered by this unit in Kensington: a modern 2007 construction with three bedrooms and two bathrooms in a low-maintenance format. The north-facing courtyard with a vergola outdoor area is a genuine lifestyle strength, and the single lock-up garage suits couples or small families perfectly. This property serves best owner-occupiers seeking to downsize or professionals wanting inner-suburban convenience without the upkeep of a detached house. Its position within a mixed streetscape provides both community feel and privacy, while the recent build date sets it apart from older housing stock in the suburb. The layout is practical, with split-system air conditioning, a modern kitchen, and storage that adds everyday appeal.
Strata levies may be a material factor, as the current quarterly charge is noted as high, although a proposed reduction might ease long-term holding costs. The internal floor area is reported inconsistently across listing fields, which may affect perceived value. A single garage rather than a double could limit appeal for some family buyers. These factors might influence how the unit is weighted against comparable properties, but they do not overshadow its condition, location, or modern configuration.
>>Comparable Sales: 114 Brandon Street sold $1,777,300; 52 Brandon Street sold $1,450,000 | Property Price Band: $1.2M–$1.3M | Value Drivers: condition, north-facing courtyard, modern layout
Detailed Independent Property Report prepared by PropCred Analyst team for 1/38 Brandon Street, Kensington WA 6151
Checks found:
Value Risk
1
Liquidity Risk
Planning Risk
Income Risk
1
Execution Risk
2
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Market Insight
Kensington, an inner suburb of Perth, is a tightly held market. Houses have a median of $1,442,500, up 18.68% for the year to February 2026, and average 13 days on market. Units have outperformed: median $601,500 after 30.05% growth, selling in 9 days, with a gross yield of 5.08% versus 3.01% for houses. Weekly rents sit at $800 for houses and $690 for units. Sales volumes are thin-60 houses and 16 units over the year-so limited stock is driving competition. Buyers include investors chasing unit yields and owner-occupiers bidding on scarce houses. Future growth rests on continued rental strength, but stretched affordability after back-to-back double-digit jumps is the chief constraint.
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PropCred Estimated Value
Bedrooms
3
Bathroom
2
Parking
1
Land
172m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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