44/170 Adelaide Terrace, East Perth WA 6004
44/170 Adelaide Terrace, East Perth WA 6004
Large 121m² apartment | Rare 2-bed plus secure parking | Prime East Perth location | Strong rental yield potential
This unit presents a competitively strong proposition due to its above-average internal and total floor area, a configuration that is increasingly rare in the inner-city apartment market. The inclusion of a dedicated parking space within a secure complex significantly enhances its utility and appeal, serving both owner-occupiers seeking space and investors targeting the professional rental demographic. Its position in the heart of East Perth capitalizes on established amenity and transport links, with the estimated rental yield suggesting solid income fundamentals.
Decision hinges on navigating specific, quantifiable risks: the heritage and flood overlays may impose future compliance costs and limit alteration potential, while the strata report’s age necessitates immediate review for latent liabilities. The commercial logic is clear for a long-term hold, leveraging its size advantage against newer, smaller stock. Acquire this as a low-turnover investment or a high-convenience primary residence, but budget for strata-led capital expenditures.
Detailed Independent Property Report prepared by PropCred Analyst team for 44/170 Adelaide Terrace, East Perth WA 6004
Checks found:
Value Risk
!
1
Liquidity Risk
!
1
Planning Risk
✓
Income Risk
!
1
Execution Risk
!
1
Insight: East Perth WA 6004
East Perths 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.
PropCred Estimated Value
Bedrooms
2
Bathroom
1
Parking
1
Land
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst