3/92 Carnarvon Street, East Victoria Park WA 6101
3/92 Carnarvon Street, East Victoria Park WA 6101
Modern townhouse | East Victoria Park | Near rail and café strip | Low-maintenance courtyard | Small land parcel
The property is positioned as a modern survey-strata townhouse in a sought-after infill pocket of East Victoria Park. Its competitive strength is a low-maintenance courtyard lifestyle within walking distance to Oats Street rail and the Albany Highway café strip. This configuration serves professionals, downsizers, and investors who prioritise convenience and contemporary comfort over expansive grounds. The finishes and layout are in line with newer stock in the area, but the real attraction is the balance of modernity, walkability, and minimal upkeep. This townhouse is best fitted to a buyer seeking a secure, efficient home with strong rental appeal in an evolving inner-suburban streetscape.
Value may be influenced by the exact interior condition, aspect and natural light, and the size of the courtyard or land area. The survey-strata title and any associated fees might lightly affect perceived ownership cost. Potential exists for ongoing medium-density infill in the street to enhance future amenity, though it may also bring added density or traffic. These factors should be weighed when forming a price view.
Detailed Independent Property Report prepared by PropCred Analyst team for 3/92 Carnarvon Street, East Victoria Park WA 6101
Checks found:
Value Risk
2
Liquidity Risk
Planning Risk
Income Risk
1
Execution Risk
2
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Market Insight
East Victoria Park, under six kilometres from the Perth CBD, is a tightly held professional suburb with strong transport links and established school catchments. Its core demand is mid-to-high-income professionals buying three and four-bedroom houses, evidenced by 102 three-bedroom sales in the past year. House prices have climbed 18.5% to a $1.15m median, while units rose 22.5% to a $620,000 median, reflecting intense competition. Market conditions are exceptionally firm: houses sell in a median 14 days and vacancy sits at 0.90%, underscoring a supply shortage. Unit rental yields of 5.6% sustain investor interest, though house yields of 3.5% remain a constraint. Future growth hinges on continued infrastructure proximity advantages, but affordability is the central risk—particularly for the suburb’s 35% rental population as price growth outpaces income gains. Rate sensitivity remains a watchpoint given yield compression.
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PropCred Estimated Value
Comparable Sales: 76C Carnarvon Street sold for $880,000; 132C Carnarvon Street sold for $920,000 | Property Price Band: $850,000–$950,000 | Value Drivers: land size, interior condition, location near transport and retail
Bedrooms
3
Bathroom
1
Parking
1
Land
1012m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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