157B Edinboro Street, Joondanna WA 6060
157B Edinboro Street, Joondanna WA 6060
Rear-lot townhouse | Edinboro St pocket | Low-rise infill | Investor-friendly
This property occupies a rear-lot position on a central Joondanna street, which is competitively rare in this pocket because it offers the privacy of a standalone dwelling without the maintenance of a full house. The configuration suits buyers who want low-maintenance living close to the Perth CBD corridor, and the street’s established character supports steady demand from professionals, downsizers, and small households. It competes well against newer units because the rear-lot layout and courtyard orientation provide a house-like feel in a compact footprint.
The property’s value may be shaped by its older building stock, which could require updating over time. The absence of common walls and the private outdoor space are likely to support price resilience, while the level of finish and any recent renovations will materially affect its market position. Buyers should weigh the convenience of location against the age of the structure, and consider how the compact land parcel compares with larger lots nearby.
Detailed Independent Property Report prepared by PropCred Analyst team for 157B Edinboro Street, Joondanna WA 6060
Checks found:
Value Risk
Liquidity Risk
1
Planning Risk
2
Income Risk
1
Execution Risk
2
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Market Insight
Joondanna, six kilometres from Perth, is a tightly held inner-suburban market defined by professional households in the 30-39 age bracket, a majority of whom hold mortgages. Demand is driven by proximity to North Perth and Osborne Park, local primary schooling, and passive recreation spaces anchored by Roberts Street’s water-tower park. House prices have surged 18.7-22.5% annually to a median of roughly $1.15 million, with units climbing 20.3% to $661,852; homes sell in under two weeks, reflecting inventory constraints—just two listings last month. Rental demand remains firm, with house rents at $850 weekly and unit yields at 4.5%. Future growth hinges on ongoing limited supply and inner-city appeal, but affordability and rate sensitivity pose clear risks given the high share of mortgaged owners and incomes about 10% below the Greater Perth average.
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PropCred Estimated Value
Comparable Sales: 173B Edinboro St sold Dec 2022 as rear villa | 5/143 Edinboro St sold $370,000 as ground-floor unit | Property Price Band: $400K–$500K | Value Drivers: rear-lot privacy, interior condition, proximity to transport and city access
Bedrooms
2
Bathroom
2
Parking
1
Land
1939m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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