155/2 Signal Terrace, Cockburn Central WA 6164
155/2 Signal Terrace, Cockburn Central WA 6164
Modern 2-bedroom unit | North-facing second floor | Low-maintenance 2015 build | Strong rental yield profile
This property presents a competitively strong offering for an investor or downsizer seeking a modern, low-maintenance residence. Its north-facing aspect on the second floor provides superior natural light, a tangible quality differentiator in apartment living. The estimated rental yield is robust, and the 2015 construction date positions it well within its depreciation schedule, offering financial efficiency. This unit best serves a buyer prioritizing secure, hands-off occupancy with reliable income potential.
Decision hinges on the dual overlay presence; bushfire and heritage controls impose specific compliance costs and limit alteration potential, embedding ongoing holding risk. The asking price commands a notable premium over the estimated market value, requiring immediate equity sacrifice. Proceed only with a verified building inspection and a firm negotiation strategy to align price with the substantiated value. It is a hold for yield, not for short-term capital appreciation.
Recent comparable sales data for the immediate vicinity is not provided, limiting precise value benchmarking. The analysis therefore relies on the property’s own sales history, showing significant appreciation since 2017, and the current rental estimates to infer market position.
Detailed Independent Property Report prepared by PropCred Analyst team for 155/2 Signal Terrace, Cockburn Central WA 6164
Checks found:
Value Risk
1
Liquidity Risk
Planning Risk
2
Income Risk
Execution Risk
1
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Market Insight
Cockburn Central is a dynamic, expanding urban hub experiencing rapid capital growth, driven by its commercial and industrial focus. Demand is supported by a diverse demographic mix, including families and singles, with a high proportion of mortgaged owners indicating strong investor and owner-occupier activity. The market is exceptionally tight, with properties transacting very quickly, reflecting intense competition. Future growth is underpinned by the suburb’s ongoing development, though its reliance on a specific economic base presents a concentrated risk profile.
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PropCred Estimated Value
Bedrooms
2
Bathroom
2
Parking
1
Land
106m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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