405/122 Brown Street, East Perth WA 6004

405/122 Brown Street, East Perth WA 6004
2 bed 1 bath 1 car | 2015 build | 89 sqm total | rooftop city views | secure parking This unit sits in a well-maintained 2015 strata complex that offers a genuinely low-maintenance lifestyle without the tired finishes found in older East Perth stock. The 89 sqm total footprint is generous for a two-bedder, and the open-plan living flows onto a private balcony, which makes it feel larger than the 61 sqm internal area suggests. The shared rooftop deck with city views is a real point of difference, giving you amenity that most comparable apartments in the suburb lack. It suits a professional couple, a downsizer, or an investor wanting a secure, modern property that rents well due to its proximity to the CBD, Claisebrook Cove, and public transport. The secure car bay and lift access add practical convenience that matters when you are weighing long-term appeal. The value picture is shaped by a few things you should weigh carefully. The single bathroom is a constraint for some buyers, though it is common at this price point. The unit’s exact aspect is not confirmed, so the view and natural light could vary more than the marketing suggests. The building has a mix of one and two-bedroom units, and price dispersion within the complex is noticeable, meaning level, fitout, and orientation will matter when forming a view on what this particular unit is worth. The 2015 build means the complex is young enough to avoid major capital works, but strata fees and the rooftop amenity upkeep should still be checked. || Comparable Sales: 104/122 Brown Street sold $540k in Dec 2024; 311/122 Brown Street sold $540k with 10-year hold | Property Price Band: $500k–$600k | Value Drivers: modern build quality, rooftop amenity, secure parking, CBD proximity
Detailed Independent Property Report prepared  by PropCred Analyst team for 405/122 Brown Street, East Perth WA 6004
Checks found:
Value Risk
Liquidity Risk
Planning Risk
Income Risk 2
Execution Risk ! 1
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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: 104/122 Brown Street sold $540k in Dec 2024; 311/122 Brown Street sold $540k with 10-year hold | Property Price Band: $500k–$600k | Value Drivers: modern build quality, rooftop amenity, secure parking, CBD proximity

Bedrooms

2

Bathroom

1

Parking

1

Land

1214m²

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