13/290 Stirling Street, Perth WA 6000
13/290 Stirling Street, Perth WA 6000
This is a one-bedroom, one-bathroom apartment on level one of a modern or recently maintained complex at 290 Stirling Street in Perth’s CBD. It includes one car space, a fully renovated ensuite with floor-to-ceiling tiling, built-in robes, and direct city views from the large bedroom. The unit is low-maintenance and offers built-in storage.
This apartment’s competitive strength lies in its combination of a fully renovated ensuite, city views, and a low-maintenance layout in the heart of Perth’s CBD. Such a configuration is above standard for comparable units in the building, making it a rare find for investors seeking high rental yields of around eight percent or single professionals wanting a turnkey city base. The property sits in a high-density, urban neighbourhood defined by walkability to transport, shops, and CBD services, which sustains strong rental demand. It serves best a buyer prioritising immediate occupancy with minimal upkeep and a premium view.
The unit’s value may be influenced by the absence of private outdoor space and potential noise from city activity, which could limit appeal for some owner-occupiers. Its position on level one might also affect the quality of city views compared to higher floors. A buyer should weigh the strong rental yield signals from the building against these constraints when forming a view on price. The lack of a separate land title and shared building facilities are standard for this property type and are not expected to materially detract from value.
Detailed Independent Property Report prepared by PropCred Analyst team for 13/290 Stirling Street, Perth WA 6000
Checks found:
Value Risk
2
Liquidity Risk
2
Planning Risk
1
Income Risk
Execution Risk
1
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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
1
Bathroom
1
Parking
1
Land
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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