5/27 Green Avenue, Balcatta WA 6021

5/27 Green Avenue, Balcatta WA 6021
2×2 apartment | 71mยฒ internal | balcony included | $740/week rent signal | modern finishes confirmed This apartment is competitively rare for Balcatta because it pairs two bathrooms with 71 square meters of internal space, which is larger and more liveable than the typical two-bedroom unit in the area. The modern finishes, high recessed ceilings, and timber flooring suggest a newer or upgraded build that appeals strongly to downsizers seeking single-level comfort and to investors targeting a premium rental configuration. The balcony adds practical outdoor space without the maintenance of a house, and the estimated rental yield of nearly five percent signals genuine demand from couples or small households. This property serves best a buyer who values low-maintenance living with a clear rental upside and a configuration that stands out in the local apartment stock. The prior sale at $420,000 about four years ago highlights how much this market has shifted, but the current price range may already reflect that growth rather than further upside. The absence of confirmed on-site amenities, building age, and floor level means the buyer should verify whether the strata fees or building condition align with the price being asked. The residential zoning within the City of Stirling is stable, but the lack of verified school catchment data and nearby comparable sales means the buyer may need to cross-check those factors independently before forming a final view on value.
Detailed Independent Property Report preparedย  by PropCred Analyst team forย 5/27 Green Avenue, Balcatta WA 6021
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Market Insight:

Balcatta is an established suburb experiencing a rapid transformation, with exceptionally strong demand compressing sales timelines and driving robust price appreciation across both houses and units. This momentum is underpinned by high sales volumes and a critically low vacancy rate, indicating a sustained supply-demand imbalance. Future growth appears linked to its ongoing evolution from its traditional character, though the market’s current velocity and constrained stock levels present a key consideration for entry.
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PropCred Estimated Value

Bedrooms

2

Bathroom

2

Parking

1

Land

1012mยฒ

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