122 Albert Street, Osborne Park WA 6017

122 Albert Street, Osborne Park WA 6017
2 bed / 1 bath / 81 m² | 1969-built walk-up | carport + open parking | no overlays detected | older unit stock in established suburb This unit offers a notably larger floorplan than much of the older apartment stock in Osborne Park, with the 81 m² internal area providing genuine two-bedroom living space that newer developments often cannot match. The 1969 build positions it within the suburb’s established multi-unit cohort, where walk-up construction and solid room dimensions are common. Its location in a low-density residential setting, free from heritage or flood constraints, makes it particularly suitable for first-home buyers seeking affordable entry into the inner-north market, or for investors targeting consistent rental demand from small households and workers along the Perth inner-northern corridor. The older building age may introduce maintenance considerations that a newer property would not, and the single bathroom configuration could limit appeal for some owner-occupiers who prefer a second toilet. The absence of lift access and modern amenity features like a pool or gym may narrow the buyer pool compared to contemporary apartment offerings. While the unit’s size is a clear advantage, the lack of premium finishes and the building’s vintage might affect how its value compares to recently built stock in the area.
Detailed Independent Property Report prepared  by PropCred Analyst team for 122 Albert Street, Osborne Park WA 6017
Checks found:
Value Risk ! 1
Liquidity Risk
Planning Risk ! 1
Income Risk 2
Execution Risk ! 1
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Market Insight

Osborne Park is positioned as a dynamic inner-city suburb with a young, professional demographic, driving strong demand for both houses and units. This demand is heightened by a severe shortage of available rental and purchase stock, creating a competitive environment. Recent price growth has been robust, particularly in the unit sector, which is outperforming due to affordability-driven demand. Future growth is underpinned by this persistent supply-demand imbalance, though the market faces risks from softening transaction activity as constrained supply limits sales volume.
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PropCred Estimated Value

Bedrooms

2

Bathroom

1

Parking

2

Land

2023m²

Research & Review Prepared by Steve Dalton, Senior Analyst · Reviewed by Matt Proctor, Principal Analyst
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