18/939 Albany Highway, East Victoria Park WA 6101

Top-floor unit in 1970s complex | 1 bed, 1 bath, 1 car | 48sqm strata lot | No overlays | Catchment schools This unit presents a competitively priced entry into the East Victoria Park market, defined by its top-floor position and absence of development overlays which simplifies due diligence. Its compact, single-bedroom format best serves a budget-conscious buyer or investor seeking a low-maintenance foothold in a established inner-suburban location, with the fixed land size providing cost certainty within the strata structure. The primary risk is the 1970s build quality coupled with a small floor plan, which inherently limits buyer appeal and capital growth relative to larger, modernized stock. The opportunity lies in securing a functional holding at a price point below estimated market value, suggesting immediate equity. Treat this as a long-term hold for rental income or a stepping-stone purchase, not a short-term growth vehicle. Comparable sales data is limited, but an estimated value for a similar unit in the same complex is noted at $410,000. This supports the listed price of $400,000 for this top-floor unit as being positioned at a competitive entry point, though the lack of recent transacted sales requires validation through a formal valuation.