13/311 Wharf Street, Queens Park WA 6107

13/311 Wharf Street, Queens Park WA 6107
2×1 villa at 70 sqm | part of 311 Wharf Street complex | modest entry-level size | proven rental demand in building This property is competitively positioned as a compact, low-maintenance villa within a multi-unit complex, offering a practical entry point into Queens Park for first-home buyers or investors. Its 70-square-metre, two-bedroom, one-bathroom configuration is larger than most modern apartments yet smaller than detached houses, striking a balance that suits downsizers or price-sensitive owner-occupiers seeking convenience near transport and commercial corridors. The same complex has demonstrated rental demand at around $650 per week, suggesting the format attracts consistent tenant interest, which supports yield potential for an investor buyer. Several factors may influence the property’s value and sale price. The lack of confirmed building age, interior finishes, or renovation level introduces condition risk that a buyer should assess through inspection. The shared strata site and modest internal area may limit appeal for those seeking privacy or space, potentially narrowing the buyer pool. Parking is restricted to one space, which could be a constraint for households with multiple vehicles. These elements should be weighed when forming a view on price, as they affect both owner-occupier desirability and rental competitiveness.
Detailed Independent Property Report preparedย  by PropCred Analyst team forย 13/311 Wharf Street, Queens Park WA 6107
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Market Insight:

Queens Park presents a compelling entry point into Perthโ€™s inner-ring market, attracting strong buyer and investor interest. Demand is driven by its affordability relative to neighbouring suburbs, appealing to both first-home buyers and investors seeking high rental yields. The market is exceptionally tight, with houses selling rapidly and vacancy rates critically low, reflecting intense competition for limited stock. This robust activity has fuelled significant recent price appreciation across both houses and units. Future growth is underpinned by this persistent supply-demand imbalance, though its rapid price escalation introduces sensitivity to broader economic shifts.
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PropCred Estimated Value

Bedrooms

2

Bathroom

1

Parking

1

Land

1.33 acres

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