6/65 Macleod Road, Applecross WA 6153

Townhouse in Applecross | 3-bedroom, 2-bathroom | 110m² internal, 295m² land | Strong local demand, 18-day average market time | No recent sales data for the complex This property offers a rare entry point into Applecross’s tightly held townhouse market, where 48 three-bedroom homes have sold this year in under three weeks. The 110m² internal area is efficient for a downsizer or professional couple seeking a low-maintenance riverside base, while the 295m² land component provides a tangible footprint in a suburb where land value is a primary driver. The complex’s 45% owner-occupier ratio suggests a stable community, and the Applecross Primary and Senior High catchments add long-term appeal for families. The lack of recent sales data for this specific complex may allow a buyer to negotiate from a position of local market strength, given the broader street’s estimated values between $1.2M and $1.6M. The primary risk is the absence of comparable sales within the 65 Macleod Road complex, which creates valuation uncertainty and may require a thorough building and pest inspection given the property’s age. The 55% renter ratio in the complex could indicate higher turnover or less owner investment in common areas, though this is not unusual for townhouse developments. A key opportunity lies in the property’s positioning within a desirable school catchment and its proximity to the Swan River, which typically supports capital growth. The flood overlay on a nearby comparable is a reminder to verify the specific lot’s flood risk, but the property’s land area and configuration suggest it is a solid, if unremarkable, holding in a premium suburb.