3/62 Subiaco Road, Subiaco WA 6008

Ground-floor boutique | 1967 build, 45 sqm | Bob Hawke College zone | Compact urban entry point This unit sits in a small eight-residence block, which is relatively rare for Subiaco and often preferred over larger complexes for privacy and lower turnover. The ground-floor position adds accessibility without the lift reliance found in many older blocks. Its size and configuration are best suited to first-home buyers or investors targeting the consistent rental demand seen in inner-city one-bedroom stock. The 1967 build is typical of the suburb’s established apartment supply, meaning depreciation is less of a concern than with newer product. Being within the Bob Hawke College intake area may broaden appeal among families seeking proximity to that school, though primary catchment is unconfirmed. The 45-square-metre internal area may limit appeal for buyers seeking more generous living space, and older buildings can carry higher ongoing maintenance levies or require future upgrades. The ground-floor setting may also raise questions about natural light, privacy, and security depending on the unit’s exact orientation and outlook, which were not confirmed. Buyers should weigh these potential trade-offs against the property’s entry-level price point and boutique block character when forming a view on value.