3/28 Goodwood Parade, Burswood WA 6100

3/28 Goodwood Parade, Burswood WA 6100
Ground floor west facing | 2 bed 2 bath 2 car | 78sqm living plus 49sqm terrace | Origin Apartments circa 2013 | resort style complex This unit stands out for its unusually generous ground floor terrace, nearly two thirds the size of the internal living area, which is rare in Burswood’s mid-rise apartment stock. The layout is the familiar 2/2/2 format that has proven consistently popular in this building, with secure parking for two cars and lift-free access from the street. It suits owner-occupiers wanting a lock and leave inner city base with a genuine outdoor room, as well as investors because the configuration and secure complex attract steady tenants. The west facing aspect captures afternoon sun, while the resort pool, gym and residents lounge add a lifestyle layer that many apartments of this age cannot match. The ground floor position may affect privacy and outlook more than a higher level would, and the terrace’s usefulness will depend on how open, shaded and separated it feels from foot traffic. Being west facing, afternoon heat in summer might be a consideration, though the terrace’s size could compensate. The building’s circa 2013 condition, the 49 sqm terrace being a genuine differentiator, and the ongoing demand for two car secure apartments are the factors most likely to shape what a buyer pays. >> Comparable Sales: 10/28 Goodwood Parade sold $755k Feb 2025, 41/28 sold $555k | Property Price Band: $700k-$800k | Value Drivers: 49sqm terrace, ground floor accessibility, building condition and resort facilities
Detailed Independent Property Report prepared  by PropCred Analyst team for 3/28 Goodwood Parade, Burswood WA 6100
Checks found:
Value Risk ! 1
Liquidity Risk ! 1
Planning Risk 2
Income Risk ! 1
Execution Risk 2
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Market Insight

Burswood, WA, remains a tightly held market, with just 18–22 house sales annually and only two listings last month. Houses trade in 10–16 days, and a monthly search pool of 557 underlines acute demand from buyers drawn to its proximity to Perth’s urban amenities. Median house prices range from $1.02M to $1.515M across sources, with annual growth of 15.7–16.3 percent; units post stronger momentum at 23.9 percent growth on a $690,000 median. Unit sales outnumber houses roughly six to one, and gross rental yields for units (4.9–5.9 percent) exceed houses (3.8–4.1 percent). Tight stock and rapid turnover are the principal growth drivers. Key constraints are low house sales volume and wide price variance, which amplify affordability sensitivity, while future supply leans heavily on unit development.
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PropCred Estimated Value

Bedrooms

2

Bathroom

2

Parking

2

Land

127m²

Research & Review Prepared by Steve Dalton, Senior Analyst · Reviewed by Matt Proctor, Principal Analyst
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