204/124 Subiaco Road, Subiaco WA 6008
204/124 Subiaco Road, Subiaco WA 6008
Top-floor corner unit | 40m² 1977 apartment | walkable Subiaco village | compact with courtyard
This apartment occupies a genuinely good position within an older Subiaco complex, with the top-floor corner layout providing more natural light and fewer shared walls than typical units of this era. The 40m² floorplate is small, but the inclusion of a courtyard and outdoor entertaining area extends the usable space in a way that many comparable apartments lack. Its location on Subiaco Road places it within easy reach of the suburb’s retail, dining, and public transport, and the Bob Hawke College catchment adds further appeal for buyers prioritising schooling. This property is best suited to first-home buyers seeking an entry point into the suburb, or investors looking for a low-maintenance unit with established rental demand.
The 1977 build and compact size may limit its appeal to buyers who prioritise modern layouts or generous internal space, which could narrow the pool of interested parties and affect how quickly it sells. While the secure parking and updated interiors are positive features, the older complex may carry higher ongoing strata costs or require future levies for common-area upgrades. The prior 2016 sale price of $265,000 provides a historical benchmark, but market conditions have shifted since then, and a buyer should weigh the unit’s age and size against current asking expectations when forming a view on value.
Detailed Independent Property Report prepared by PropCred Analyst team for 204/124 Subiaco Road, Subiaco WA 6008
Checks found:
Value Risk
Liquidity Risk
Planning Risk
Income Risk
1
Execution Risk
1
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Market Insight
Subiaco is a vibrant, sought-after suburb experiencing a renaissance, attracting lifestyle-focused first home buyers, downsizers, and investors. Strong buyer demand is driving robust price growth across both houses and units, with the market moving swiftly. Its enduring appeal and prime location underpin long-term potential, though high house prices present a significant affordability constraint, while the limited availability of apartments may further pressure the market.
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PropCred Estimated Value
Bedrooms
1
Bathroom
1
Parking
1
Land
3673m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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