2/9 Salvado Road Subiaco WA 6008

| Low capital growth history in complex | Small 40m² floor plan limits buyer pool | Rental yield up to 7.16% but upside capped | Niche 1-bedroom market risk. Comparable sales within the same complex show the 2-bedroom units have experienced negative annual growth of -0.29% to -0.78% over 12?13 years, indicating the building’s capital appreciation is flat to declining. This means the buyer is paying $561,000 for a 1?bedroom unit that may not appreciate in real terms. On the opportunity side, the rental yield is strong at 5.20%–7.16%, with a midpoint weekly rent of $625. This property functions best as a cash?flow?focused investment, not a growth play. The buyer should hold for income and accept limited capital gains. What gives this unit a competitive edge is its 2014 build quality with Miele appliances and FTTP NBN, appealing to professional tenants or owner?occupiers seeking low?maintenance living. Its location within the West Leederville Primary School and Bob Hawke College intake area, plus proximity to Subiaco amenities, supports consistent rental demand. This property suits a buyer who prioritises reliable rental income over capital growth and values a modern, small?footprint unit in a solid inner?city suburb. Given the flat growth trend, proceed only if the purchase price leaves room for the yield to deliver your target return.