3/30 Lockwood Street Yokine WA 6060

Two-bedroom flat in Yokine | 71sqm on large 2246sqm lot | north-west facing porch | heritage overlay present | strong rental demand This property offers a rare combination of a compact, well-configured two-bedroom flat on a substantial 2246sqm lot, which provides a structural advantage over typical strata units. The north-west facing porch and open-plan layout maximize usable space, and the location borders established green areas without flood or bushfire risk. It is best suited for owner-occupiers seeking a low-maintenance home in a stable, owner-dominated suburb, or for investors targeting reliable rental yield from a property with below-median entry price in Yokine. The heritage overlay introduces a constraint that may limit future redevelopment or major alterations, but it also protects the character and density of the complex, which can support long-term value stability. The 1968 build age means some maintenance is expected, but the well-maintained complex reduces immediate capital outlay risk. With a high-confidence rental estimate of $605 per week and a purchase price well within local median, the property offers a straightforward hold strategy: buy for steady cash flow or as a cost-effective home base, and benefit from the suburb’s owner-occupier majority and low turnover.