16/3 Forward Street, East Victoria Park WA 6101
16/3 Forward Street, East Victoria Park WA 6101
16/3 Forward Street, East Victoria Park is a 2015-built first-floor apartment with 2 bedrooms, 1 bathroom, secure parking for 1 car, and a lockable storeroom. It features split-system air conditioning, built-in robes, and an intercom system.
The property is competitively positioned as a modern, low-maintenance unit in a sought-after pocket of East Victoria Park, a suburb known for its convenience and lifestyle appeal. Its 2015 construction means it avoids many of the maintenance concerns found in older stock, and the inclusion of a lockable storeroom and secure parking adds practical value often missing in comparable units. With only one bathroom, it is best suited to investors, downsizers, or first-home buyers who prioritise location and modern finishes over space. The unit sits within a small complex of 18, which may appeal to those seeking a quieter, well-managed building without the density of larger developments.
The single bathroom may limit appeal for owner-occupiers or families who prefer a second bathroom, potentially narrowing the buyer pool and affecting resale speed. The car space count is listed inconsistently across sources, and if only one space is confirmed, this could be a constraint for households with multiple vehicles. Being on the first floor, the unit offers some separation from street activity but may still be subject to noise from neighbours above or common areas. Buyers should also consider the shared lot size and strata fees, as these can influence ongoing costs and the property’s long-term value.
Detailed Independent Property Report prepared by PropCred Analyst team for 16/3 Forward Street, East Victoria Park WA 6101
Checks found:
Value Risk
1
Liquidity Risk
1
Planning Risk
1
Income Risk
Execution Risk
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Market Insight
East Victoria Park is a high-demand suburb positioned for professionals, with its strong transport links and established school catchments underpinning family appeal. Demand is driven by this demographic seeking larger homes, reflected in rapid sales and significant price appreciation across both houses and units. The market exhibits robust conditions with tight vacancy and competitive yields, though future growth faces constraints from affordability pressures and limited stock availability.
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PropCred Estimated Value
Bedrooms
2
Bathroom
1
Parking
1
Land
103m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
·
Reviewed by Matt Proctor, Principal Analyst
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