4/59 Balcombe Way, Westminster WA 6061

Top-floor boutique apartment | 2-bed, 1-bath, 1-car | Low-maintenance lock-up-and-leave | Scarce configuration in Westminster This apartment sits in a small boutique complex on a 709 m² lot, which is uncommon for Westminster where larger blocks dominate. The top-floor position gives it a quiet, private feel that ground-floor units lack. With only one comparable sale in the building—a 2-bedroom unit that sold for $525,000 in March 2025 after achieving 13.31% annual growth over six years—the property type shows strong holding performance. The average owner-occupier stays nearly five years, suggesting genuine liveability rather than transient rental churn. This unit best suits a buyer seeking a modern, low-maintenance home with minimal upkeep and no shared walls above or below. The boutique scale means fewer neighbours and less competition if you decide to sell later. The estimated value of $692,000 may feel ambitious given the in-building sale at $525,000 just months ago, but that earlier sale was a different unit and market conditions shift quickly. Without confirmed floor area, finishes, or strata fees, the price gap could reflect size or quality differences. The top-floor position might command a premium over lower units, but it also may mean higher summer cooling costs if insulation or air-conditioning is lacking. A buyer should verify the exact square metreage, check whether the complex has lift access, and request the strata minutes to understand sinking fund health and any upcoming levies. These factors will materially influence whether the asking price represents fair value or needs negotiation.