6/43 Hooley Road, Midland WA 6056
6/43 Hooley Road, Midland WA 6056
2-bed unit on 1,052m² lot | Near primary school | 57m² internal | 1 car space
This unit presents a rare configuration: a strata-titled apartment occupying a significant land parcel over 1,000 square metres. This substantial lot size is atypical for a two-bedroom unit and provides a fundamental scarcity value not found in standard complexes. The proximity to a primary school within 200 metres creates immediate utility for a young family or an investor targeting that demographic. The offering is best suited to a buyer seeking land leverage within a multi-unit building or a cost-effective entry into the suburb.
The primary risk is the property’s inconsistent classification and lack of recent comparable sales, which obscures true market valuation and may complicate financing. The very small internal area demands scrutiny on livability. Proceed only with a conditional offer contingent on a building inspection and a bank valuation. This property should be acquired as a long-term hold, banking on the underlying land component to drive equity growth over the internal dwelling’s utility.
Detailed Independent Property Report prepared by PropCred Analyst team for 6/43 Hooley Road, Midland WA 6056
Checks found:
Value Risk
!
1
Liquidity Risk
✓
Planning Risk
✕
2
Income Risk
✕
2
Execution Risk
!
1
Insight: Midland WA 6056
Midland is a dynamic, mixed-use suburb undergoing significant urban renewal, attracting a young demographic and driving strong demand. This regeneration is fueling exceptional capital growth across both houses and units, with a notably rapid sales pace reflecting a highly competitive market. Future prospects are anchored in the continued execution of its large-scale redevelopment, though its evolving nature presents inherent supply and valuation risks typical of a transforming precinct.
PropCred Estimated Value
Bedrooms
Bathroom
Parking
-
Land
1052m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst