1B Lilacdale Road, Innaloo WA 6018

1B Lilacdale Road, Innaloo WA 6018
3 bed 2 bath townhouse built in 2014 on 211m², street-front in a small group of five, estimated value $1.04m with rental $860pw; fresh listing signals steady buyer interest. Low-maintenance 3 bed 2 bath townhouse from 2014 with a single garage suits young professionals or small families seeking easy living without yard upkeep. Open-plan layout promotes effortless flow between living spaces, ideal for those prioritizing convenience over expansive grounds. Positioned street-front in a compact group of five, it offers privacy alongside community feel in a residential pocket zoned for Stirling Council use, free of bushfire, flood or heritage constraints. Appeals to 20-39 year olds, who comprise a dominant share of local demographics at 47%, matching profiles of couples or professionals wanting quick access to urban amenities without house-scale demands. The single car space aligns with low-maintenance buyers less reliant on multiple vehicles. The configuration favors downsizers or first-home couples over large families due to the compact 211m² lot and townhouse format. Demand remains firm for recent-build townhouses in this well-connected spot, with ongoing buyer interest and stable trends for similar stock. Reliable NBN Fibre to the Node and 5G coverage support remote work lifestyles boosting appeal. Location advantages include proximity to Yuluma Primary School intake zone, 1.1km to key services, 1.8km to transport options and 4km to major hubs, enabling short commutes. Walkable to everyday needs while nestled in a family-oriented residential flow. Disadvantages are limited to single parking potentially challenging for multi-car households, though street access mitigates. Rental yield potential around mid-$800s weekly positions it well for investors seeking steady returns from tenant demand in a young demographic hub. Growth drivers stem from Innaloo’s connectivity and absence of development overlays, preserving residential stability amid nearby projects like turnkey offerings on the street. Opportunities lie in turnkey readiness for immediate occupancy or rental, with a low-risk profile from clean overlays and a modern build reducing maintenance surprises. Risks are minimal, mainly market softening if interest rates linger high, though street-front positioning and school access provide resilience.
Detailed Independent Property Report prepared  by PropCred Analyst team for 1B Lilacdale Road, Innaloo WA 6018
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Market Insight:

Innaloo is a well-connected suburb offering a compelling mix of urban convenience and coastal proximity, anchored by major retail facilities. Demand is driven by a young demographic seeking lifestyle benefits, reflected in a consistently fast-moving market with strong recent price appreciation. Future growth is underpinned by its enviable location and low vacancy rates, though high entry costs and sensitivity to economic conditions present key considerations for buyers.
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