32/48 Havelock Street, West Perth WA 6005

60% growth since 2018 | 6.5% high rental yield | Direct Kings Park access | Modern dual-bathroom unit Situated on the doorstep of Kings Park, this 2-bedroom, 2-bathroom unit in the “Havelock Apartments” is a prime example of the West Perth resurgence. The property has seen a 59.8% value increase since 2018, driven by a shift in buyer preference toward larger, well-located apartments. The dual-bathroom configuration is a significant advantage for the rental market, where the estimated income of $785 per week delivers a superior 6.5% yield—well above the West Perth average of 5.9%. The property’s value proposition is enhanced by its proximity to the Perth Modern School catchment and the medical/legal precincts of West Perth. The complex, built in 2003, offers a smaller, more boutique feel compared to the high-density towers of the CBD. With the median unit price in West Perth sitting at $580,000, this property—priced “in the $700k’s”—represents a more premium, space-oriented option that appeals to the long-term owner-occupier. The “Singles and Professional” demographic of the area (over 6,000 residents) ensures a consistent and high-quality tenant pool.