62/131 Adelaide Terrace, East Perth WA 6004
62/131 Adelaide Terrace, East Perth WA 6004
North-facing balcony in 2007 complex | strong 6.3% rental yield | inner-city walkability | heritage & flood overlays present
This unit presents a competitively strong rental investment within the East Perth market, defined by its north-facing aspect which is a premium over typical stock and its demonstrated high yield. The property’s configuration and 2007 build era align with core demand from professionals seeking CBD-adjacent convenience, supported by immediate rental history and robust yield estimates. It serves the investor or owner-occupier seeking a low-maintenance inner-city base with reliable income.
Your position carries specific risk mechanisms from the heritage and flood overlays, which permanently limit alteration potential and impose insurance considerations. The opportunity rests on securing a high-yielding unit in a stable, high-demand precinct. Acquire this for hold as a long-term rental; its value is in consistent yield, not speculative capital growth from redevelopment.
Independent, Unbiased Research Report for this property by PropCred Analyst teamΒ
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Market Insight:
East PerthΒs 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
Bedrooms
1
Bathroom
1
Parking
1
Land
84mΒ²
Assessments Delivered Today
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