5/70 Wittenoom Street, East Perth WA 6004
5/70 Wittenoom Street, East Perth WA 6004
4-bed, 3-bath, 2-car apartment | Premium Verde building | 219 sqm total | Rare family-sized inner-city offering
This is an uncommon property for East Perth, where most apartments run one to three bedrooms. A four-bedroom, three-bathroom configuration with two secure bays places this unit well above the typical stock in the suburb, and the 135 sqm internal area gives it genuine family-scale living rather than the compact layouts usually found in this pocket. The solid timber flooring, stone benchtops, ducted air conditioning, and large entertainer’s balcony all point to a finish level that competes with premium terrace housing nearby, while the building’s pool, gym, and secure lift access deliver the lock-and-leave convenience that downsizers and executive buyers tend to prioritise. This unit suits someone who wants inner-city proximity without sacrificing space, or a professional who needs room for home office and guests.
The price position may be shaped by how the market weighs a large apartment against the strata costs that come with resort-style amenity. The four-bedroom layout narrows the buyer pool compared with mainstream two-bedroom stock, though it also reduces competition when the right buyer appears. Rental demand from higher-income tenants might support strong yield signals, but the achievable rent will depend on presentation and the quality of the fit-out. The balcony and total area of 219 sqm add tangible living space that could justify a premium over smaller units in the same building, while the lack of confirmed floor level or aspect means the outlook could influence value either way.
|| Comparable Sales: 27/70 Wittenoom Street sold at $1.174M for 3-bed, 2-bath, 2-car | Property Price Band: $1.2M–$1.3M | Value Drivers: Four-bedroom rarity, 219 sqm total area, premium building amenity and finishes
Detailed Independent Property Report prepared by PropCred Analyst team for 5/70 Wittenoom Street, East Perth WA 6004
Checks found:
Value Risk
Liquidity Risk
Planning Risk
2
Income Risk
Execution Risk
1
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Market Insight
East Perth’s 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.
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PropCred Estimated Value
Comparable Sales: 27/70 Wittenoom Street sold at $1.174M for 3-bed, 2-bath, 2-car | Property Price Band: $1.2M–$1.3M | Value Drivers: Four-bedroom rarity, 219 sqm total area, premium building amenity and finishes
Bedrooms
4
Bathroom
2
Parking
2
Land
1074m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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