12/12 Tenth Avenue Maylands WA 6051

1-bed unit | 35m² internal | 1970 build | high-yield pocket | 5G connected This unit occupies a distinct position in the Maylands market: it is one of the smallest, most affordable freehold offerings in a suburb where entry-level stock under $400,000 is scarce. The 43m² footprint limits owner-occupier appeal but creates a clear rental proposition. For a buyer seeking cash flow over capital growth, the estimated $495 per week rental income against a $399,000 purchase price implies a gross yield near 6.5%, which is strong for Perth metro. The property sits within the Mount Lawley Senior High School catchment, adding a layer of tenant demand from families wanting the school zone without the house price. The 1970 construction means strata fees and maintenance are likely modest, and the recent comparable sales in the same complex—unit 42 flipping at 21.64% annual growth—show the building has momentum, not stagnation. The primary risk is size. At 35m² internal, this unit falls below the threshold most lenders and buyers consider comfortable, which may limit future resale pool to investors only. The 2023 purchase at $195,000 and current $399,000 list price represent a 104% gain in under three years; that pace is unlikely to repeat. The buyer is effectively paying for yield and location, not square metres. The opportunity is to hold for rental income while the Maylands corridor benefits from continued infill and transport upgrades. If financing allows, this property works as a long-term hold with a refinance option after two years to extract equity for the next purchase.