3/69 Stead Road, Centennial Park WA 6330

Two-storey townhouse | 2008 build | low-maintenance strata | strong rental yield | established Centennial Park. This unit presents a rare configuration advantage in the Centennial Park market: a two-storey townhouse within a well-maintained strata complex, offering both separation of living and sleeping areas and a low-maintenance footprint. Built in 2008, the property avoids the depreciation concerns of older stock while delivering modern finishes that appeal to owner-occupiers and investors alike. Its location minutes from Albany’s CBD and within intake areas for Albany Primary and Senior High School strengthens demand from families and professionals seeking convenience without a full house commitment. The dual garage spaces add practical value in a market where secure parking is often limited. The primary risk lies in the bushfire overlay, which may affect insurance premiums and lender appetite for some buyers. However, no flood or heritage overlays reduce regulatory complexity. The 186m² land size is modest, limiting future subdivision potential but reinforcing the low-maintenance appeal. With a valuation range of $590,000–$790,000 and estimated rental income of $635 per week, the property offers a solid yield for investors while remaining accessible to upgraders downsizing from larger homes. The NBN Fibre to the Node connectivity is a supporting convenience, not a prime driver.