35/7 Durnin Avenue, Beeliar WA 6164

2-bed apartment in an established complex with a strong rental yield environment, near transport and beach amenities, with limited growth catalysts in the immediate area. Property Configuration A two-bedroom, one-bathroom apartment within the 7 Durnin Avenue complex in Beeliar. The unit sits in a multi-unit residential building that has been established for several years, with the complex comprising a substantial number of units. Market Position and Buyer Profile This property appeals to investor-focused buyers rather than owner-occupiers. The two-bedroom configuration attracts renters seeking affordable accommodation near employment centers and lifestyle amenities, with the rental market showing consistent demand. Comparable units in the same building achieve weekly rents in a similar range, indicating strong tenant interest. Location and Accessibility The address places occupants within walking distance of The Vale Bar & Brasserie and close to Coogee Beach, Port Coogee Marina, and Fremantle’s cultural precinct. Public transport is accessible via Cockburn Central Station. The suburb is within the Cockburn Local Government Area, positioning residents near growing employment corridors in Perth’s southern region. Rental Yield Indicators Recent sales data from the building show units with similar configurations achieving rental returns around a weekly figure consistent with rental yield expectations. A nearby one-bedroom unit sold at a notable price, indicating moderate capital appreciation. This suggests the property operates in a rental yield-focused market segment rather than a capital growth market. Demand Characteristics The building demonstrates steady turnover, with a portion of residents in tenure up to three years, indicating an active rental market. This turnover supports rental demand but may reflect limited long-term owner-occupier appeal. Risks and Limitations The property carries a bushfire overlay designation, which may affect insurance costs and future development potential. As an apartment within an established complex, capital growth potential is more limited than detached housing. The area lacks significant new development projects or infrastructure improvements that typically drive appreciation in outer suburbs. School Proximity The property sits within Fremantle College’s intake area and is near Beeliar Primary School, making it suitable for families with school-age children, though the two-bedroom configuration suggests the market targets smaller households or investors.