301/108 Bennett Street, East Perth WA 6004

301/108 Bennett Street, East Perth WA 6004
2 bed 2 bath 1 car | 2016 build | 104 sqm total | rooftop gym and terrace | park outlook with CAT bus at door This unit sits in the sweet spot of East Perth’s apartment market. The 2016 build gives it a modern floorplan with stone benchtops, ducted reverse-cycle air, and a balcony that overlooks the park rather than a neighbouring wall. At 104 sqm total, it is noticeably more generous than the compact 1-bed stock common in this precinct, and the rooftop gym and BBQ terrace with city views add genuine lifestyle appeal that supports both owner-occupier comfort and tenant demand. It suits a professional buyer or downsizer wanting walk-to-CBD convenience without the premium of a riverfront tower, and the secure parking plus storeroom make it practical for everyday inner-city living. Strata levies around $1,470 per quarter are a material cost and should be weighed against the building’s amenity and maintenance standards. The 86-lot complex is boutique enough to keep common areas manageable, but the rooftop facilities and lift will require ongoing funding. Rental demand appears healthy given the building’s location and transport access, though the exact yield for this unit depends on the final purchase price versus achievable rent. The park outlook is a genuine differentiator within the building, but the 3rd-floor position means it is not a high-rise view, so pricing should reflect that mid-level placement rather than a top-floor premium. || Comparable Sales: 201/108 Bennett Street sold at $380,000; 106/108 Bennett Street sold March 2024 with fixed lease at $650/week | Property Price Band: $650K–$750K | Value Drivers: park outlook, modern fit-out, rooftop amenity, secure parking and storeroom
Detailed Independent Property Report prepared  by PropCred Analyst team for 301/108 Bennett Street, East Perth WA 6004
Checks found:
Value Risk
Liquidity Risk
Planning Risk
Income Risk ! 1
Execution Risk 2
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Market Insight

East Perth’s proximity to the CBD and transport infrastructure underpins its desirability. Demand is driven by investors and first-home buyers competing for limited stock, particularly at the market’s lower end, supported by strong population growth. This competition, amid a severe shortage of listings, has accelerated price growth and compressed selling times. Future momentum relies on the persistent supply-demand imbalance, though the primary constraint remains the acute shortage of quality housing stock.
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PropCred Estimated Value

Comparable Sales: 201/108 Bennett Street sold at $380,000; 106/108 Bennett Street sold March 2024 with fixed lease at $650/week | Property Price Band: $650K–$750K | Value Drivers: park outlook, modern fit-out, rooftop amenity, secure parking and storeroom

Bedrooms

2

Bathroom

2

Parking

1

Land

1309m²

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