49/2 Burvill Drive, Floreat WA 6014
49/2 Burvill Drive, Floreat WA 6014
Top-floor Floreat apartment | Perry Lakes position | 2-car secure parking | heritage overlay noted
This property’s competitive edge lies in its top-floor configuration within a 2017 build, offering the privacy and light rarely found in apartments of this era. The dual bathrooms and two secure car spaces position it well above typical 2×2 offerings, and the proximity to Perry Lakes parkland and City Beach creates a lifestyle demand that supports both owner-occupier interest and rental resilience. It suits professionals or downsizers seeking lock-and-leave convenience without compromising on space or amenity.
The heritage overlay is the primary constraint, limiting external alterations and potentially affecting future renovation scope or strata approvals. Buyers should verify what specific controls apply and whether they impact balcony or window changes. The rental yield is reasonable at approximately $900 per week, though strata levies will compress net returns. This property is best held as a long-term home or low-maintenance investment in a tightly held suburb, where scarcity and location underpin value more than any renovation upside.
Detailed Independent Property Report preparedย by PropCred Analyst team forย 49/2 Burvill Drive, Floreat WA 6014
Market Insight:
Floreat is a tightly held, high-ownership suburb where affluent professional families are drawn by its proximity to the city and top-tier schools, creating sustained demand. This has driven strong recent price growth in a low-supply market, though the premium house prices and divergent unit performance present a notable constraint on broader affordability and entry.