1302/20 Kintail Road, Applecross WA 6153
1302/20 Kintail Road, Applecross WA 6153
Sub-penthouse on 13th floor | 2024 built over-55s living | 148sqm with SE wraparound balcony | Applecross school catchments
This unit presents a competitively strong proposition within the niche over-55s market, offering a rare sub-penthouse configuration with substantial balcony space and elevated river views in a newly constructed building. Its three-bedroom, three-bathroom layout and dual car spaces serve downsizers seeking premium, low-maintenance accommodation in a high-demand suburb with top-tier public school catchments, positioning it for sustained appeal within its specific demographic.
Proceed with a clear risk assessment. The flood overlay imposes potential insurance costs and future resale complications, while the age-restricted marketing inherently limits the buyer pool. The current listing follows a recent 2025 purchase, suggesting a motivated vendor. Acquire only if the demographic positioning aligns with a long-term hold strategy; the configuration supports a premium rental yield within its sector, but capital growth is tempered by the specialized market segment.
Detailed Independent Property Report prepared by PropCred Analyst team for 1302/20 Kintail Road, Applecross WA 6153
Checks found:
Value Risk
Liquidity Risk
1
Planning Risk
2
Income Risk
1
Execution Risk
2
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Market Insight
Applecross is an affluent riverside suburb, characterised by its prime location and high-income demographic. Demand is driven by buyers seeking premium residential living, supported by exceptionally strong recent price growth, particularly in the unit market. The market demonstrates robust conditions with houses transacting relatively quickly. Future growth is anchored in its established desirability and limited riverside land, though the premium pricing presents a natural constraint on entry.
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PropCred Estimated Value
Bedrooms
3
Bathroom
3
Parking
2
Land
192m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
·
Reviewed by Matt Proctor, Principal Analyst
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