2A/4 Villiers Street, Yokine WA 6060
2A/4 Villiers Street, Yokine WA 6060
This is a 2-bedroom, 1-bathroom unit from 1967 with one parking space on a shared 2,958 square metre lot in Yokine. Its compact configration places it as classic mid-century stock in a suburb where larger family homes are more common, offering a distinct entry point for buyers seeking established living without modern premiums.
What is competitively strong about this property is its positioning as a more affordable option in a well-liked suburb. The unit sits within Yokine’s established fabric, an area with solid demand from both owner-occupiers and investors. Its configuration-two bedrooms and one bathroom-is typical of its era but remains functional for singles, couples, or small households. The age and compact layout may be seen as constraints, yet they provide genuine affordability in a market where newer stock commands a premium. The buyer best served here is either a first-home owner entering the market or an investor seeking steady rental performance from a lower-cost entry point. Its rarity lies in offering a price point that aligns with older stock while being situated in a suburb with enduring appeal.
Several factors may materially affect the property’s value. The single bathroom for two bedrooms might limit its appeal to families, potentially narrowing the buyer pool. The 1967 construction means updates to finishes or systems may be needed, and these capital outlays should be weighed when forming a view on price. However the large shared land holding could hold future redevelopment potential, though this depends on council zoning and feasibility. Market conditions in Yokine remain stable, and this unit’s price largely reflects its vintage rather than location. A thorough inspection of the building’s structural integrity is advised.
Detailed Independent Property Report prepared by PropCred Analyst team for 2A/4 Villiers Street, Yokine WA 6060
Checks found:
Value Risk
2
Liquidity Risk
1
Planning Risk
Income Risk
1
Execution Risk
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Market Insight
Yokine is a resilient inner-northern suburb exhibiting robust market conditions, with both houses and units experiencing strong annual price growth. Demand is driven by a broad market seeking well-presented family homes, supported by Perth-wide population growth and critically low vacancy rates. The market is exceptionally tight, with houses selling rapidly, indicating intense competition for limited quality stock. Future growth is underpinned by these persistent demand fundamentals, though affordability pressures on the outer suburbs highlight a key constraint, suggesting established suburbs like Yokine may benefit from a relative flight to quality amid broader supply shortages.
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PropCred Estimated Value
Bedrooms
2
Bathroom
1
Parking
1
Land
2958m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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