1B/112-122 Goderich Street, East Perth WA 6004
1B/112-122 Goderich Street, East Perth WA 6004
Renovated ground-floor apartment | City-fringe convenience | 1-bedroom starter | No car bay | Large strata site
This is a competitively positioned entry-level apartment in a sought-after inner-city pocket. Its ground-floor configuration, combined with a recent renovation, makes it rare among East Perth stock, where mid- to high-rise units dominate. The large strata site suggests a well-established complex, and the apartment’s walkable proximity to the CBD suits owner-occupiers seeking low-maintenance living or investors targeting consistent rental demand. The 1-bedroom, 1-bathroom layout is standard for the suburb, but the renovated condition and ground-floor access give it an edge for buyers who value convenience and immediate move-in readiness.
The absence of a confirmed car bay may be a material constraint, particularly for owner-occupiers reliant on private parking or for resale appeal in a car-dependent market. The building’s age is unverified, which means potential strata levies or maintenance liabilities could affect long-term holding costs. While the apartment’s location offers strong rental liquidity, the lack of on-site amenities or private outdoor space may limit its premium relative to comparable units with those features. Buyers should weigh these factors against the property’s central position and renovated condition when forming a view on price.
Detailed Independent Property Report prepared by PropCred Analyst team for 1B/112-122 Goderich Street, East Perth WA 6004
Checks found:
Value Risk
Liquidity Risk
1
Planning Risk
2
Income Risk
2
Execution Risk
1
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Market Insight
East Perth’s proximity to the CBD and transport infrastructure underpins its desirability. Demand is driven by investors and first-home buyers competing for limited stock, particularly at the market’s lower end, supported by strong population growth. This competition, amid a severe shortage of listings, has accelerated price growth and compressed selling times. Future momentum relies on the persistent supply-demand imbalance, though the primary constraint remains the acute shortage of quality housing stock.
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PropCred Estimated Value
Bedrooms
1
Bathroom
1
Parking
-
Land
40m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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