23 Victoria Avenue Claremont WA 6010

Premium 4-bed two-storey with private lift | North-facing alfresco & outdoor kitchen | 300m to yacht club & primary school | High-spec contemporary finish on compact 301m² lot This property presents a competitively strong, high-specification contemporary home in a premier riverside position. Its rare combination of a private lift, rooftop terrace, and ground-floor master suite on a compact, low-maintenance block specifically serves affluent professionals or downsizers seeking luxury convenience and walkable proximity to Claremont’s amenities, differentiating it from the suburb’s older, larger-lot stock. The decision hinges on accepting a land area significantly below the suburb typical, which caps land-value appreciation relative to larger plots. The premium for architectural finish and convenience features must be justified by lifestyle utility, not future resale alone. Acquire for long-term occupancy to amortise the fit-out cost; it is less suited as a short-term holding. Our analysis would ground this assessment with precise current valuation, checks on build quality for the lift and complex finishes, and locality-specific risk profiling for this compact, high-value format. Recent sales data is limited, with the property itself selling for $2,000,000 in March 2018. This prior sale establishes a baseline, but the substantial increase in its estimated value since then must be validated against recent, true comparable sales of similar high-spec homes on smaller lots to confirm current market appetite.