2/4 Kennerly Street, Cloverdale WA 6105
2/4 Kennerly Street, Cloverdale WA 6105
Modern 2019 apartment | Compact 100 mยฒ strata lot | 2 bed 2 bath investor layout | Sold late 2023 for $375,000
This 2019-built apartment offers a rare combination of contemporary construction and efficient floorplan within Cloverdaleโs infill residential setting. The 100 mยฒ lot supports a genuinely liveable two-bedroom, two-bathroom configuration with a single car space, making it well-suited for owner-occupiers seeking low-maintenance living or investors targeting steady tenant demand from singles, couples, and downsizers. The modern building age provides both energy efficiency and reduced immediate maintenance concerns, while the apartment format aligns with the suburbโs gradual shift toward medium-density housing near transport and amenity corridors.
The sale price of $375,000 in late 2023 may reflect the propertyโs compact strata nature and limited private outdoor space, which could constrain capital growth compared to detached houses in the area. The absence of verified finish details, floor level, or aspect means the final value will depend heavily on internal presentation and outlook. Prospective buyers should verify strata levies, building management quality, and any upcoming special levies, as these factors may materially affect holding costs and resale appeal.
Detailed Independent Property Report preparedย by PropCred Analyst team forย 2/4 Kennerly Street, Cloverdale WA 6105
Market Insight:
Cloverdale presents as a tightly held, high-demand suburb experiencing robust capital growth, driven by its proximity to Perth and strong investor appeal. The market is characterised by rapid sales and significant price appreciation, particularly for units, which also offer attractive rental yields. This momentum is supported by consistent buyer activity, though the limited sales volume suggests a constrained supply that underpins current competition. Future growth will likely hinge on sustained demand against this limited stock, with affordability emerging as a potential constraint given the accelerated price trajectory.