2/20 The Crescent, Midland WA 6056
2/20 The Crescent, Midland WA 6056
First-time buyer entry point, walkable CBD location, tight 111m² lot, heritage overlay constraint.
Property Configuration and Physical Attributes
A 2-bedroom, 2-bathroom apartment built in 2012 with 1 car space. The lot size is compact at 111 square metres, which limits renovation or expansion potential. The unit sits within a heritage overlay zone, meaning any structural modifications will require council approval and may face restrictions. The property includes reliable NBN Fibre to the Node and 5G mobile coverage.
Location and Accessibility
Positioned in Midland’s CBD, the unit offers walkable access to local amenities, shopping, transport, and services, differentiating it from suburban alternatives and reducing reliance on vehicle travel. This central positioning places it within the Governor Stirling Senior High School intake area. Demographically, the area skews younger, with a notable portion of residents aged 2039 and a mix of other age groups, indicating active household formation and community diversity. Rental potential is present, with weekly yields typical for the area translating to a moderate gross yield based on property value. Growth potential is supported by CBD revitalization and growing commercial activity, though the heritage overlay restricts value-add renovations, and the compact lot limits expansion for families. The absence of bushfire and flood overlays reduces natural disaster risk exposure.
Detailed Independent Property Report prepared by PropCred Analyst team for 2/20 The Crescent, Midland WA 6056
Checks found:
Value Risk
Liquidity Risk
Planning Risk
1
Income Risk
Execution Risk
1
URL has been copied successfully!
Market Insight
Midland is a dynamic, mixed-use suburb undergoing significant urban renewal, attracting a young demographic and driving strong demand. This regeneration is fueling exceptional capital growth across both houses and units, with a notably rapid sales pace reflecting a highly competitive market. Future prospects are anchored in the continued execution of its large-scale redevelopment, though its evolving nature presents inherent supply and valuation risks typical of a transforming precinct.
URL has been copied successfully!
PropCred Estimated Value
Bedrooms
Bathroom
Parking
Land
Research & Review
Prepared by Steve Dalton, Senior Analyst
·
Reviewed by Matt Proctor, Principal Analyst
URL has been copied successfully!