20/21 Foundry Rd, Midland WA 6056
20/21 Foundry Rd, Midland WA 6056
2 bed 1 bath apartment built 2016 in a secure modern complex, moments from Midland centre.
This low-maintenance, open-plan home offers light-filled interiors, private outdoor space, split-system air conditioning, built-in robes, and modern connectivity with NBN fibre and 5G coverage. It sits on an 88mΒ² lot with 59mΒ² internal area and a secure 1-car garage, providing a practical layout in a compact strata setting.
Located 0.1Β1.2km from key schools, including Woodbridge Primary and Governor Stirling Senior High, the property sits in a quiet spot near Midland hub for shopping, transport, and employment. Flood overlays pose minor risk considerations; no bushfire issues are noted. Demographics skew younger, with 41% aged 20Β39, supporting rental demand from workers and students. Rental yield is around 5.4% at $575 per week, offering steady income potential for investors. Growth depends on regional employment and transport upgrades and the constrained apartment stock in central Midland. Opportunities include minor value-add updates or holding for potential capital lift from demographic shifts. Risks are limited to strata fees, flood overlay considerations, and potential slowdowns if interest rates rise.
Independent, Unbiased Research Report for this property by PropCred Analyst teamΒ