1104/3 Kintail Road, Applecross WA 6153

Riverfront complex | 2-bed elevated unit | sweeping water views | 85% owner-occupied building This property sits in a tightly held riverfront complex where 85% of owners are long-term residents, a signal of genuine desirability and lower turnover risk. The elevated position with water views is the primary competitive edge, and in Applecross such exposure is rare within a strata format. The 81-87m² internal area is generous for a two-bedroom apartment, and the flood overlay — while a due diligence item — is common for riverfront land and does not typically affect insurability or resale in this suburb. The property suits a downsizer or professional seeking lifestyle adjacency to the river without leaving the Perth metropolitan core, and the building’s owner-occupier profile supports stable capital growth. The flood overlay is the main risk, not because it precludes ownership but because it may narrow the buyer pool at resale and requires careful review of strata insurance terms. The listing price sits above the suburb median and the estimated value, which suggests either premium pricing for the view or a negotiation window. The recent 2025 sale provides a fresh benchmark, though the exact figure is not disclosed. The lack of floor plans or photos in the data limits a full spatial assessment, but the property’s configuration appears functional. Hold for medium-term capital appreciation driven by scarcity of riverfront stock, or occupy as a primary residence with low ongoing strata risk given the building’s high owner-occupancy.