209/112-122 Goderich Street, East Perth WA 6004
209/112-122 Goderich Street, East Perth WA 6004
1 bed or 2 bed unresolved | dual-entry layout rare for this price point | car bay included in inner city | 50sqm floorplan or compact 28sqm lot
This apartment sits in a mixed building at 112–122 Goderich Street, East Perth, and its strongest competitive edge is the unresolved bedroom count—if it is genuinely a two-bedroom layout with dual entry and a gas-cooktop kitchen, that configuration is uncommon for a compact inner-city unit with a dedicated car bay. The property appears to serve two buyer profiles well: investors seeking rental demand from CBD-adjacent tenants, where parking is a strong differentiator, and owner-occupiers wanting walkable urban convenience without sacrificing a car space. The reported 50 square metres places it in the small-to-mid range for East Perth apartments, which is typical for this precinct, but the dual-entry description suggests a flexible floor plan that could outperform standard one-bedroom stock in appeal and eventual resale.
The unresolved bedroom count is the primary factor that may materially affect value, as a confirmed two-bedroom layout would likely command a premium over a one-bedroom in this location, while a one-bedroom configuration would align with the lower end of the price spectrum. The conflicting area figures—28 square metres versus 50 square metres—introduce uncertainty about usable space, and a buyer should verify which measurement reflects internal floor area versus lot size. The building’s age is not disclosed, and no common amenities are listed, so the property’s value may be more dependent on its individual features—like the gas cooktop and car bay—than on shared facilities. Floor level is only partially verified at Level 2, which could affect outlook and noise exposure, but this remains unconfirmed.
Detailed Independent Property Report prepared by PropCred Analyst team for 209/112-122 Goderich Street, East Perth WA 6004
Checks found:
Value Risk
1
Liquidity Risk
Planning Risk
2
Income Risk
1
Execution Risk
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Market Insight
East Perth’s proximity to the CBD and transport infrastructure underpins its desirability. Demand is driven by investors and first-home buyers competing for limited stock, particularly at the market’s lower end, supported by strong population growth. This competition, amid a severe shortage of listings, has accelerated price growth and compressed selling times. Future momentum relies on the persistent supply-demand imbalance, though the primary constraint remains the acute shortage of quality housing stock.
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PropCred Estimated Value
Bedrooms
2
Bathroom
1
Parking
1
Land
50m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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