1005/380 Murray Street, Perth WA 6000

1 bed 1 bath 44sqm apartment with secure car bay; rental at $352pw under strong application demand; for sale signaling an owner shift; CBD core positioning drives tenant interest. Compact 1 bedroom, 1 bathroom apartment spanning 44 square metres with a dedicated car bay, suitable for urban singles or couples seeking low-maintenance city living. Rental demand remains robust, with recent listings attracting multiple applications quickly at $352 per week, indicating a reliable tenant pool and potential gross yield around 3.7% based on comparable valuations in the complex. Located in the CBD core, it offers walkable access to offices, retail, transport hubs, and entertainment precincts, appealing to young professionals, FIFO workers, or investors prioritising convenience over space. The buyer segment includes first-home buyers entering the inner-city market, downsizers from larger homes, or yield-focused investors attracted to steady rental uptake with minimal vacancies. Demand remains firm for such configurations amid ongoing urban migration. In the Perth CBD, the property enjoys proximity to premium amenities while facing typical high-density considerations such as noise and limited on-street parking. Benefits include immediate connectivity via trains, buses, and ferries, with evolving dining and cultural scenes; downsides include construction activity from nearby developments and common strata fees in serviced towers.