306/126 Mounts Bay Road, Perth WA 6000

306/126 Mounts Bay Road, Perth WA 6000
Modern 1-bedroom | Fully furnished & turnkey | Pool & gym access | Strong rental yield profile This unit presents a competitively strong, low-maintenance entry into the Perth market, distinguished by its full furnishing and immediate rental readiness. Its position within a building demonstrating consistent investor tenure and high rental demand caters precisely to the yield-focused buyer seeking a hands-off investment. The recent rapid leasing success underscores its market appeal. Decision hinges on the nil parking provision, a permanent value constraint that will limit capital growth and tenant pool relative to comparable units. The building’s solid yield history, however, provides a clear commercial logic for a hold strategy targeting rental income. Acquire for yield, not for significant appreciation. Recent comparable sales in the building establish a clear value framework: – 510/126: Sold $400,000 (Jun 2025), rented at $600/week. – 506/126: Sold $370,000, rented at $590/week. – 312/126: Sold $340,000. – 103/126: Sold $525,000 (2-bedroom). This data anchors this unit’s likely value below $400,000, with its furnished state and recent tenancy supporting a premium within that bracket. The consistent $550-$625 weekly rent range signals a reliable yield above 8% for a well-priced purchase.

Independent, Unbiased Research from  our PropCred Analyst team 

Market Insight:

Perth’s inner-ring suburbs are positioned as highly competitive, transport-connected locations. Demand is driven by equity-rich upgraders, downsizers, and investors, alongside first-home buyers contending with rapid entry-level price rises. The market exhibits exceptionally strong price growth and tight conditions, with listings far below long-term averages and properties selling rapidly. Future growth is supported by sustained population increases and critically low rental vacancy rates, though key risks include significant affordability constraints and potential sensitivity to interest rate movements.

PropCred Estimated Value

Bedrooms

1

Bathroom

1

Parking

-

Land

1.37 acres

Built

Recent Assessments