103/1 Airlie Street, Claremont WA 6010

103/1 Airlie Street, Claremont WA 6010
First-floor apartment | 2-car parking in established complex | 90% owner-occupied | North Cottesloe Primary catchment This unit offers a rare combination of generous internal space and two dedicated parking bays within a highly stable, predominantly owner-occupied complex. The 90% owner-occupier ratio signals strong community tenure and typically more disciplined building management, which reduces the likelihood of unexpected special levies or rental turnover disruptions. For a buyer seeking a well-positioned family foothold, the catchment for North Cottesloe Primary adds genuine long-term appeal, while the first-floor configuration avoids ground-level noise and security concerns common in larger complexes. The primary risk lies in the complex’s size—167 properties can mean slower consensus on upgrades or sinking fund contributions, and the zero percent auction clearance rate suggests some buyer hesitation in this specific building. However, the 71% long-term resident base indicates most owners are satisfied, and the 2021 last sale provides a reasonable recent benchmark. The opportunity is a property that may trade at a discount to nearby stand-alone houses, offering better value per square metre in a sought-after suburb, particularly for buyers who prioritise location and parking over a newer build.
Detailed Independent Property Report prepared  by PropCred Analyst team for 103/1 Airlie Street, Claremont WA 6010
Checks found:
Value Risk ✓
Liquidity Risk ✓
Planning Risk ! 1
Income Risk ! 1
Execution Risk ! 1
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Market Insight

Claremont is a premium riverside suburb with a clear market hierarchy, where established family homes command significant premiums over more accessible apartments. Demand is driven by affluent owner-occupiers seeking its prime location and lifestyle, supported by high household incomes. The market is characterised by strong capital growth, particularly for houses, and exceptionally tight selling conditions with properties transacting rapidly. Future growth is underpinned by sustained high demand against consistently low inventory, though this supply constraint also presents a key market risk.
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PropCred Estimated Value

Bedrooms

2

Bathroom

1

Parking

2

Land

1.47 ha

Research & Review Prepared by Steve Dalton, Senior Analyst · Reviewed by Matt Proctor, Principal Analyst
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