10/65 Orr Street, Maddington WA 6109
10/65 Orr Street, Maddington WA 6109
Ground floor unit with view | Updated kitchen & bathroom | Heritage overlay | Maddington Primary catchment | Recently rented
This unit presents a competitively strong proposition due to its updated interior within a large, established complex. The modern kitchen and bathroom, combined with fresh flooring and split-system air conditioning, position it above typical dated stock. Its ground-floor placement and noted fantastic view offer a lifestyle appeal rare for apartments in this price segment, best serving first-home buyers or downsizers seeking low-maintenance living within a specific school catchment.
The heritage overlay introduces a tangible risk, potentially restricting future renovations and affecting resale liquidity to buyers seeking modern exteriors. The single carport may limit appeal for multi-vehicle households. However, the recent rental listing demonstrates baseline demand. Acquire this property as a long-term hold, leveraging its modern interior to attract tenants or owner-occupiers, but budget for strata-led maintenance on the larger 1297mΒ² lot.
Recent comparable sales within the same complex provide a direct benchmark. A two-bedroom, one-bathroom unit at 65 Orr Street sold on 21 June 2024. This transaction, occurring very recently, establishes a clear market price point for nearly identical stock, lending high credibility to the current listing’s pricing in the mid-to-high $500,000s.
Independent, Unbiased Research Report for this property by PropCred Analyst teamΒ
Market Insight:
Maddington is a suburb with strong demand from working professionals, particularly tradespeople, underpinning its market. This demographic is driving robust price growth, with recent sales activity reflecting a fast-moving and competitive environment for houses. Future prospects are supported by this solid demand base, though the limited current supply of both rental and sale listings presents a key constraint on market fluidity.