122/996 Hay Street, Perth WA 6000
122/996 Hay Street, Perth WA 6000
Sub-penthouse on the 18th floor with city views, 2 bed 1 bath, 108sqm including balconies; offers invited in strong CBD apartment demand, with secure resort facilities that attract investors.
Generous 108sqm layout comprises 73sqm internal living space plus 18sqm north-facing balconies, and flows from open-plan kitchen, living and dining areas to capture skyline outlooks. Features include stainless steel appliances, a double spa bath and vanity, and acoustic flooring in this 2007-built complex. A single secure parking space complements the 1:1 parking ratio typical for the building.
Located in Perths West End CBD core, it offers walk-to-everything accessthe cafes, offices, transport hubs and nightlifemaking it suitable for young professionals, downsizers, or investors seeking lock-up convenience without car reliance. It appeals to CBD workers who value elevation and facilities over ground-level bustle, suitable for singles, couples, or those seeking short-term rental potential thanks to the pool, spa, gym and onsite cafe.
Detailed Independent Property Report prepared by PropCred Analyst team for 122/996 Hay 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
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