18/269 Main Street, Osborne Park WA 6017

18/269 Main Street, Osborne Park WA 6017
1969 brick unit | 80% owner-occupied complex | 41mยฒ compact floorplan | strong rental yield potential This property sits within a well-established, predominantly owner-occupied strata complex, which typically signals better building care and quieter living conditions than investor-heavy blocks. The 41mยฒ footprint is compact but functional for a single occupant or couple, and the 1:1 parking ratio is a genuine advantage in this price bracket. For a first-home buyer seeking a foothold in a tightly held suburb, or an investor targeting the reliable rental demand near Main Street, this unit offers a lower-risk entry point than newer developments with higher body corporate fees. The main risk is the 1969 build age, which may bring deferred maintenance or special levies; a thorough strata report and building inspection are non-negotiable. The 0% auction clearance in the complex suggests current pricing may be aspirational, creating room for negotiation if the seller is motivated. Rental returns are supported by nearby comparables at $505โ€“$585 per week, but the 20% rental cohort in the block means tenant turnover is manageable. The lack of heritage or hazard overlays simplifies due diligence, and the NBN Fibre to the Node is sufficient for most remote work needs.
Detailed Independent Property Report preparedย  by PropCred Analyst team forย 18/269 Main Street, Osborne Park WA 6017
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Market Insight:

Osborne Park is positioned as a dynamic inner-city suburb with a young, professional demographic, driving strong demand for both houses and units. This demand is heightened by a severe shortage of available rental and purchase stock, creating a competitive environment. Recent price growth has been robust, particularly in the unit sector, which is outperforming due to affordability-driven demand. Future growth is underpinned by this persistent supply-demand imbalance, though the market faces risks from softening transaction activity as constrained supply limits sales volume.
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PropCred Estimated Value

Bedrooms

1

Bathroom

1

Parking

1

Land

1 acres

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