135/250 Beaufort Street, Perth WA 6000
135/250 Beaufort Street, Perth WA 6000
2 bed 2 bath apartment with rare 2 car bays, inner city precinct walkable to CBD, estimated $790pw rental yield around 6.5%, low-maintenance for young professionals or investors.
Compact 79sqm internal living on 118sqm lot offers gas appliances, split system AC throughout and a private 8sqm balcony overlooking gardens and facilities. Access via Stirling Street places it in vibrant Beaufort Central, blending urban energy with convenience close to core city amenities. Suits downsizers, first home buyers, or investors seeking low-maintenance inner-city living, particularly young professionals aged 20-39 who make up 63% of local residents. Demand stays steady for dual-parking units in this pocket, with similar 2 bed 2 bath apartments in the building reselling after short hold periods and showing solid growth, such as around 9.84% annual over three years. The rental market supports $730-855 weekly, aligning with yields around 6.5-7% from comparable units fetching $775pw.
Highgate Primary School is 0.5km away, Mount Lawley Senior High 2.7km, both within intake zonesยkey for families though the profile skews toward child-free young adults. No bushfire, flood or heritage overlays in Vincent Council area, with full 5G coverage. Location benefits include pedestrian access to cafes, bars and transport along Beaufortยs evolving strip, plus proximity to new developments that enhance precinct appeal without oversupply pressure. Risks include strata complexities in older complexes and noise from nearby activity, though the buildingยs facilities provide a buffered, sanctuary-like feel. Growth drivers center on ongoing inner Perth revitalization and sustained tenant demand from professionals, with opportunities for value-add through minor updates or holding for capital gains in a tenure-diverse building where about 30% turnover occurs within three years.
Detailed Independent Property Report preparedย by PropCred Analyst team forย 135/250 Beaufort Street, Perth WA 6000
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.