1503/11 Barrack Square, Perth WA 6000

1503/11 Barrack Square, Perth WA 6000
Modern build | 108m2 floorplan | Jetty and city views | Flood and heritage overlays This apartment presents a rare configuration in Perthโ€™s premium waterfront market, combining a generous 108m2 internal area with a 2019 build, secure parking, and direct jetty-facing outlooks. The floorplan and finishes place it above typical two-bedroom offerings in the city, and the combination of Highgate Primary and Bob Hawke College catchment adds long-term demand depth. It suits buyers seeking a lock-and-leave primary residence with strong resale fundamentals rather than pure investment yield. The flood and heritage overlays require careful due diligence, as they may constrain future alterations and affect insurance terms, though they do not inherently diminish value in a premium precinct where similar constraints are common. Strata levy history and special levy risk are the primary unknowns, given the buildingโ€™s age and shared infrastructure. For the right buyer, the propertyโ€™s size, views, and modern condition offset these risks, provided strata documentation is reviewed before commitment.
Detailed Independent Property Report preparedย  by PropCred Analyst team forย 1503/11 Barrack Square, Perth WA 6000
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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

2

Bathroom

2

Parking

1

Land

3389mยฒ

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