10/161 Middleton Road, Mount Clarence WA 6330
10/161 Middleton Road, Mount Clarence WA 6330
Quiet rear unit | sea breezes and glimpses | tenanted to March 2027 | fully furnished turnover | compact 60mยฒ footprint
The buying case here rests on a rare combination of immediate income certainty and coastal lifestyle positioning. A fully furnished, tenanted unit until 2027 removes vacancy risk and provides a known yield from day one, which is competitively strong in a market where most comparable stock offers vacant possession. The rear location within a quiet complex and elevated aspect with sea breezes and glimpses of King George Sound give this unit a differentiated feel that appeals to downsizers or investors seeking low-maintenance coastal living. The 60mยฒ land size is tight but typical for apartments in this corridor, and the light-filled layout and neat condition reduce immediate capital outlay. This property serves best a buyer who values cash flow over short-term capital gain, or a self-funded retiree looking for a lock-and-leave with passive income.
The main risk is the fixed tenancy until March 2027, which locks the buyer out of occupying or renovating for nearly two years, and the current rent may not yet reflect the asking price guide. There is also limited land component, so long-term value growth will depend on broader Mount Clarence demand rather than scarcity of site. The opportunity is to use the fully furnished setup as a premium short-term or executive let after the current lease ends, which could lift returns above standard residential leasing. The buyer should hold this unit as a passive income asset for the tenancy period, then reassess whether to reposition for higher yield or consolidate into a larger holding in the same precinct.
Independent, Unbiased Research Report for this property by PropCred Analyst teamย
Market Insight:
Mount Clarence presents a tightly held, premium Albany market characterised by exceptionally strong price growth and rapid sales, driven by limited new supply and resilient local employment. Demand is anchored by Perth relocators and local upgraders seeking lifestyle properties, supported by consistent investor activity for solid yields. This scarcity and sustained buyer confidence underpin a robust market, though future performance remains sensitive to interest rate movements and the ongoing constraint of available housing stock.