22/16 Marina Drive, Ascot WA 6104
22/16 Marina Drive, Ascot WA 6104
3-bed waterfront apartment | 124 sqm internal | 2 secure car bays | premium Marina East precinct | owner-occupier focus
This apartment stands out in Ascot because of its size and position. At 124 square metres with three bedrooms and two bathrooms, it is larger than most units in the suburb, which tend toward two-bedroom layouts. The waterfront setting in the Marina East precinct at Ascot Waters gives it a lifestyle advantage that standard apartment stock does not offer. This property is best suited to downsizers or professionals who want space, low maintenance, and a strong connection to the water without compromising on room count or parking. The two car spaces add further appeal for households with multiple vehicles or visitors.
The price signal around $1.75 million and the lease listing at $1,000 per week suggest a property positioned for owner-occupiers rather than high-yield investors. A gross yield of roughly three percent is typical for premium apartments in lifestyle precincts. The lack of confirmed floor level, building age, and finishes means the final value may depend heavily on those details. Body corporate fees and any restrictions on short-term letting or pets could also affect the property’s appeal and resale potential. Buyers should verify these factors before forming a final view on price.
Detailed Independent Property Report preparedย by PropCred Analyst team forย 22/16 Marina Drive, Ascot WA 6104
Market Insight:
Ascot offers a highly accessible lifestyle defined by modern family infrastructure, expanding retail hubs, and extensive parklands, making it a magnet for first-home buyers and growing families seeking space and value. This strong demographic demand has driven consistent, volume-led price growth over the past year, cementing its appeal for both owner-occupiers and long-term investors. Although the entry point is highly attractive, buyers should closely watch out for varying block sizes in newer estates and prioritize properties with proximity to established transit links.