1201/80 Milligan Street, Perth WA 6000

1201/80 Milligan Street, Perth WA 6000
2×2 new-build CBD apartment | 12th floor with city proximity | 84mยฒ practical layout | 2024 construction | no car space confirmed This apartment sits in a strong position within Perth’s CBD market, primarily because of its recent 2024 construction and generous 84mยฒ floorplan. Many newer city apartments compress living space, but this unit offers genuine two-bedroom, two-bathroom functionality that suits both professionals wanting lock-and-leave convenience and downsizers seeking central access without sacrificing room proportions. The 12th-floor position from the unit number suggests elevated outlooks and reduced street noise, which is meaningful in a dense urban setting. Owner-occupiers who value modern finishes and low-maintenance living are best served here, though the property also appeals to investors targeting the consistent rental demand that CBD locations generate. The absence of confirmed car parking for this lot may affect its value compared to similar units with secure parking, as many city buyers and tenants prioritise vehicle storage. The 2461mยฒ site indicates a large development context, meaning strata fees and building management quality should be examined closely before purchase. While the Perth Hub development signals a newer building with contemporary standards, the lack of detailed amenity information means the buyer should verify what facilities are included and whether ongoing costs are reasonable. The 2024 build year is a genuine advantage for depreciation and immediate occupancy, but the property’s resale appeal will depend on how the surrounding area develops and whether future supply in the CBD remains balanced with demand.
Detailed Independent Property Report preparedย  by PropCred Analyst team forย 1201/80 Milligan Street, Perth WA 6000
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Market Insight:

Perth’s inner-ring suburbs are positioned as highly competitive, transport-connected locations. Demand is driven by equity-rich upgraders, downsizers, and investors, alongside first-home buyers contending with rapid entry-level price rises. The market exhibits exceptionally strong price growth and tight conditions, with listings far below long-term averages and properties selling rapidly. Future growth is supported by sustained population increases and critically low rental vacancy rates, though key risks include significant affordability constraints and potential sensitivity to interest rate movements.
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PropCred Estimated Value

Bedrooms

2

Bathroom

2

Parking

1

Land

2461mยฒ

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