13/51 Flynn Street, Wembley WA 6014
13/51 Flynn Street, Wembley WA 6014
Low-density townhouse complex | Wembley inner-west | 2-car parking edge | owner-occupier stable | supermarket 1.2 km
Situated in a low-density complex where owner-occupier tenure averages over seven years, stability of tenure is signaled. A two-car parking configuration is included, a notable advantage in this inner-west locale that reduces a common compromise in comparable properties. This townhouse is best suited to professionals or downsizers seeking low-maintenance living within reach of amenities.
The rapid price appreciation from 2022 introduces a risk of entering at a heightened level should market conditions shift. However, the comparable rental yield indicates income resilience, suggesting the property can be held without strain. The intended use is as a medium-term hold for capital growth or a lease for steady returns.
Detailed Independent Property Report prepared by PropCred Analyst team for 13/51 Flynn Street, Wembley WA 6014
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Market Insight:
Wembley is an established, well-located suburb experiencing strong demand driven by its proximity to key transport corridors and a mix of established and newer housing. The market is characterised by exceptionally tight conditions, with houses selling rapidly and a critically low rental vacancy rate indicating significant supply pressure. While this fuels robust price growth, particularly for units, the high entry point for houses presents a key affordability constraint for future buyers.
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PropCred Estimated Value
Bedrooms
2
Bathroom
2
Parking
2
Land
209m²
Assessments Delivered Today
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