6/273 Beaufort Street, Perth WA 6000
6/273 Beaufort Street, Perth WA 6000
2 bed 2 bath secure park | boutique 2017 build | north-east bright balcony | strong rental demand
This apartment holds a genuine edge over much of the inner-city stock because it pairs a practical two-bedroom, two-bathroom layout with secure parking, a storeroom, and a balcony that captures good light. The 2017 build means modern finishes like bamboo flooring and stone benchtops are already in place, so you are not buying into a renovation project. It sits on the Beaufort Street strip, which gives you walkable access to cafes, dining, parks, and the CBD, making it a strong fit for owner-occupiers who want low-maintenance living without sacrificing convenience. The building’s boutique scale of around 41 apartments keeps it quieter and more manageable than larger towers, and the pet-friendly policy broadens its appeal to tenants and buyers who need that flexibility.
The main factors to weigh are the busy street location and the absence of resort-style amenities like a pool or gym, which may matter if you are comparing against full-service buildings. Strata levies around $1,500 per quarter are typical for this age and format, so factor that into ongoing costs. Rental demand looks solid, with larger units in the complex achieving strong weekly returns, which supports both owner-occupier and investor interest. The north-east aspect and balcony are real positives, but the exact floor level and outlook should be confirmed on inspection, as they will influence how bright and private the unit feels.
|| Comparable Sales: 16/273 Beaufort Street sold $600,000; 34/273 Beaufort Street sold $560,000 | Property Price Band: $560,000–$660,000 | Value Drivers: modern finishes, north-east aspect, secure parking and storeroom
Detailed Independent Property Report prepared by PropCred Analyst team for 6/273 Beaufort Street, Perth WA 6000
Checks found:
Value Risk
1
Liquidity Risk
1
Planning Risk
2
Income Risk
1
Execution Risk
2
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Market Insight
Perth’s inner ring remains supply-constrained. The suburb (postcode 6000) sits at the centre of transport-connected demand, with equity-rich upgraders, downsizers and investors competing for scarce listings. Median house price is $940,635, up 18.4 per cent over the year; unit values rose $117,119, with annual growth of 20.1 per cent. Houses sell in roughly 9–10 days and vacancy is below 1 per cent, reinforcing investor and first-home buyer interest in units. Advertised stock is 45–47 per cent below the five-year average, so supply constraints underpin price momentum. Family homes near schools remain sought-after, and population inflows add weight to demand. The principal risk is affordability: first-home buyers face entry prices approaching $1.1 million by end-2026, a $142,000 rise in 24 months. Cash-rate hikes could slow growth, pushing price-sensitive buyers to outer corridors.
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PropCred Estimated Value
Comparable Sales: 16/273 Beaufort Street sold $600,000; 34/273 Beaufort Street sold $560,000 | Property Price Band: $560,000–$660,000 | Value Drivers: modern finishes, north-east aspect, secure parking and storeroom
Bedrooms
2
Bathroom
2
Parking
1
Land
1125m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
·
Reviewed by Matt Proctor, Principal Analyst
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