2005/105 Stirling Street Perth WA 6000

Top-floor luxury apartment | 3-bed plus home office | inner-city premium building | 4.8% rental yield | no flood/bushfire risk This property’s primary strength is its scarcity as a top-floor, three-bedroom apartment in a premier inner-city building, offering a configuration larger than the suburb’s typical stock. The versatile third bedroom, designed as a home office, and the high rental yield signal a property suited for both professional occupants and investors seeking a low-maintenance, high-amenity holding in a tight rental market. It serves buyers prioritizing a lifestyle position with inherent income potential over a standard unit. The central risk is valuation ambiguity, with a wide estimated range and a significant gap from its last sale price a decade ago, demanding immediate, independent valuation to anchor your offer. The opportunity lies in acquiring a differentiated, low-risk property in a dense sales environment; proceed only if due diligence confirms its premium positioning justifies a price toward the upper end of current suburb medians. Our property report would pressure-test this valuation against 67 local comparable sales and detail locality risks to secure your commercial position. Recent sales data shows 67 three-bedroom apartments have sold nearby, providing a substantial evidence base for benchmarking. This volume indicates active demand for this configuration, but the wide price estimation for this specific unit underscores the need to precisely assess its premium finishes and top-floor status against those transactions to determine its true market standing.