109/1 Kyle Way, Claremont WA 6010
109/1 Kyle Way, Claremont WA 6010
2-bed Claremont unit | 103sqm internal | dual parking | strong owner-occupier building
This property offers a rare combination of generous internal space and two dedicated car bays within a well-established Claremont building where 70% of residents are owner-occupiers. The 103-square-metre floor plan positions it well above typical two-bedroom apartments in the area, and the dual parking adds tangible utility for professionals or downsizers who require vehicle flexibility. The building’s low turnover and high owner-occupier ratio suggest a stable, well-maintained environment that typically supports stronger capital preservation than investor-heavy complexes. This unit suits buyers seeking a long-term home in a prime suburb rather than a short-term flip.
The primary risk lies in the building’s auction clearance rate of zero percent and the wide spread of recent sale prices, which indicate variable demand depending on floor level, aspect, and configuration. The unit 120 sale at $950,000 renting for $1,000 per week suggests achievable rental income, but the 0.73% annual growth recorded for a comparable two-bedroom unit signals that not all apartments in this building have appreciated equally. Buyers should verify the unit’s orientation, natural light, and any strata levies or upcoming capital works before committing. For those who prioritise space, parking, and a stable owner-occupier demographic over speculative growth, this property represents a solid, liveable choice in a sought-after location.
Detailed Independent Property Report preparedย by PropCred Analyst team forย 109/1 Kyle Way, Claremont WA 6010
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.