6/164 Odin Road, Innaloo WA 6018
6/164 Odin Road, Innaloo WA 6018
2020-built boutique apartment | 2×2 with 1 bay | Innaloo corridor | designer finishes | strong rental demand
A 2020-built boutique apartment is offered with two bedrooms, two bathrooms, and a single parking bay. Its modern configuration is considered a distinct advantage in an established suburban corridor where older attached housing is more typical. Strong rental appeal is indicated by the property’s design and location, and low-maintenance living is expected to suit investors and downsizers most effectively. The apartment is positioned as a boutique infill development rather than a large tower, which is viewed as a distinctive feature of this pocket.
External outlook and sun exposure are factors that may influence the property’s value, as they commonly affect apartment pricing. The modern build year is expected to reduce maintenance concerns, which may support a premium. The evolving residential context of the corridor is thought to be a factor, as future development could be introduced to the immediate area.
Detailed Independent Property Report prepared by PropCred Analyst team for 6/164 Odin Road, Innaloo WA 6018
Checks found:
Value Risk
1
Liquidity Risk
1
Planning Risk
1
Income Risk
2
Execution Risk
1
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Market Insight
Innaloo sits 10 km from Perth, close to beach and Westfield Innaloo, with parks and primary schools. Demand is led by renters and younger adults; the average age is 20 to 39 and 33.84% of households rent, attracted to retail and transport links. House prices have climbed 5.3% to 18.76% over the past year, with medians between $905,000 and $957,501; units reached $680,000, up 14.3%. The market is brisk: houses sell in around 9 to 12 days, with 166 to 178 sales annually, and vacancy is just 0.65%. Future growth rests on ongoing demand for beachside urban amenity, tight rental supply, and major retail infrastructure, but high entry costs, stock up 23.64% for houses, and rate sensitivity are constraints.
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PropCred Estimated Value
Comparable Sales: 6/12 Odin Road sold for $820K; 8/30 Odin Road sold for $805K | Listed Price Band: $800K–$900K | Value Indicator: Modern condition, 2×2 layout, convenient corridor position
Bedrooms
2
Bathroom
2
Parking
1
Land
899m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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