47/1 Kentucky Court, Cockburn Central WA 6164

47/1 Kentucky Court, Cockburn Central WA 6164
– Property type: 2-bedroom, 2-bathroom apartment/unit with 1 parking space at Harmony Apartments, 47/1 Kentucky Court, Cockburn Central WA 6164. The property was listed for sale on 18 June 2026 as an apartment/unit in Cockburn Central. 2×2 with storeroom and secure parking | 2017 build in central Cockburn | near hospital employment hub | gross yield near 4.8% | no stated floor level or aspect This apartment offers a modern 2017 build with a practical 73 sqm internal layout, a private balcony, a secure car bay, and an additional storeroom, which is a rare advantage in typical 2×2 units. Its configuration with two bathrooms and secure parking aligns well with contemporary apartment stock in Cockburn Central, making it a strong option for first-home buyers, downsizers, or healthcare workers tied to Fiona Stanley Hospital. The property’s central location within a 7-level complex with ground-floor commercial areas supports steady rental demand, as indicated by a lease asking rent of $375 per week, which implies a gross yield around 4.8% based on a recent sale price of $410,000. The absence of verified floor level, orientation, or specific interior finishes may affect how the property compares to others in the same complex, as higher floors or better aspects can command a premium. Its urban, higher-density setting may not suit buyers seeking a quiet suburban streetscape, and the lack of confirmed school catchment data leaves a gap for families. The recent sale at $410,000 and a nearby comparable at $403,000 suggest a narrow price range, but any unverified factors like noise, views, or maintenance history could shift value. Buyers should weigh these unknowns when forming a view on price.
Detailed Independent Property Report prepared  by PropCred Analyst team for 47/1 Kentucky Court, Cockburn Central WA 6164
Checks found:
Value Risk ! 1
Liquidity Risk ✕ 2
Planning Risk ✓
Income Risk ! 1
Execution Risk ! 1
WhatsApp
Copy link
URL has been copied successfully!
FbMessenger
WeChat

Market Insight

Cockburn Central is a dynamic, expanding urban hub experiencing rapid capital growth, driven by its commercial and industrial focus. Demand is supported by a diverse demographic mix, including families and singles, with a high proportion of mortgaged owners indicating strong investor and owner-occupier activity. The market is exceptionally tight, with properties transacting very quickly, reflecting intense competition. Future growth is underpinned by the suburb’s ongoing development, though its reliance on a specific economic base presents a concentrated risk profile.
WhatsApp
Copy link
URL has been copied successfully!
FbMessenger
WeChat

PropCred Estimated Value

Bedrooms

2

Bathroom

2

Parking

1

Land

100m²

Research & Review Prepared by Steve Dalton, Senior Analyst · Reviewed by Matt Proctor, Principal Analyst
WhatsApp
Copy link
URL has been copied successfully!
FbMessenger
WeChat