2011/380 Murray Street Perth WA 6000

High floor NV unit | 60% owner-occupied building | 20th floor positioning | tight 58-81m² internal area The buying case rests on the 20th-floor altitude within a building where 60% of owners live in their units, indicating a stable, well-managed complex that typically holds value better than investor-heavy towers. The premium floor position gives this unit a rare view advantage over most stock in the building, which matters for resale appeal in a market where median prices sit at $642k. This property suits a buyer who prioritizes city proximity and low-maintenance living over space, and who can accept a compact floorplan in exchange for a top-tier perch above the Perth skyline. The primary risk is the internal area discrepancy between 58m² and 81m², which directly affects valuation and bank lending; a buyer must verify the exact strata plan area before committing. The 40% rental proportion is moderate but not ideal for pure owner-occupier security, and the 0% auction clearance rate suggests limited competitive tension in this price bracket. The opportunity lies in the building’s demographic tilt toward young professionals and the 21% long-term resident base, which supports steady rental demand if the buyer later chooses to lease. Hold this unit for at least five years to recoup transaction costs and benefit from Perth’s tightening supply in the mid-tier apartment segment.