416/15 Roydhouse Street, Subiaco WA 6008

416/15 Roydhouse Street, Subiaco WA 6008
1 bed, 1 bath, 1 car on 68sqm | Sold June 2024 for $420k | Central Subiaco walkable location | Small apartment with parking included This is a compact one-bedroom apartment in central Subiaco, a location that consistently attracts professionals and downsizers who value walkability over space. The 68sqm floorplan with a dedicated car space is competitively positioned for its segment—many similar units in this price range lack parking entirely. The property suits investors targeting inner-city rental demand or first-home buyers wanting low-maintenance living close to transport and shops. Its sale in June 2024 at $420,000 reflects the market’s current appetite for well-located, smaller apartments in established inner suburbs. The property’s value may be influenced by its floor level and aspect, which are not confirmed from available data. Apartments on lower floors or with limited natural light can trade at a discount compared to higher, brighter units in the same building. Shared-title costs like strata fees and building condition also matter, though these are not verified here. Buyers should weigh the convenience of the location against the compromises of apartment living—less private outdoor space and dependence on common property management. A physical inspection would clarify these factors before forming a price view.
Detailed Independent Property Report prepared  by PropCred Analyst team for 416/15 Roydhouse Street, Subiaco WA 6008
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Market Insight:

Subiaco is a vibrant, sought-after suburb experiencing a renaissance, attracting lifestyle-focused first home buyers, downsizers, and investors. Strong buyer demand is driving robust price growth across both houses and units, with the market moving swiftly. Its enduring appeal and prime location underpin long-term potential, though high house prices present a significant affordability constraint, while the limited availability of apartments may further pressure the market.
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PropCred Estimated Value

Bedrooms

1

Bathroom

1

Parking

1

Land

68m²

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