69C Gardiner Street, Belmont WA 6104

69C Gardiner Street, Belmont WA 6104
3 bed 1 bath 2 car townhouse | compact low-maintenance footprint | mixed-age street with infill character | steady rental demand | simple layout, not premium This property offers a practical entry point into Belmont’s infill market, where older houses and newer townhouses sit side by side. The 3/1/2 configuration suits first-home buyers, young couples, or investors looking for house-like accommodation without large yard upkeep. Its competitive strength lies in the balance of bedrooms and parking within a compact format, which keeps maintenance low while still offering functional family space. The street’s mixed character means the property benefits from established amenity, nearby schools, and a rental profile that supports owner-occupiers and investors alike. For a buyer seeking a straightforward, low-maintenance home in a transitional suburb, this represents a sensible fit rather than a standout. The value of this property may be shaped by its simpler specification compared to newer townhouses nearby, which often include additional bathrooms and higher-end finishes. Its age and condition could influence how it sits against more modern stock, and the compact land size may limit expansion potential. Buyers should weigh the trade-off between affordability and the likelihood of needing updates over time. The mixed streetscape might also affect perceived desirability, though it does not inherently detract from the property’s practical appeal. || Comparable Sales: 62 Gardiner Street sold at $490,000 for 3/1/2 on 351m² | Property Price Band: $450K–$550K | Value Drivers: condition, land size, presentation, and layout simplicity
Detailed Independent Property Report prepared  by PropCred Analyst team for 69C Gardiner Street, Belmont WA 6104
Checks found:
Value Risk 2
Liquidity Risk
Planning Risk
Income Risk ! 1
Execution Risk ! 1
WhatsApp
Copy link
URL has been copied successfully!
FbMessenger
WeChat

Market Insight

Belmont sits 6km from Perth, with a tight 8-day median selling time that signals a well-connected, liquid market. Demand is led by 30–39 year olds on moderate-to-high incomes, attracted by the suburb’s proximity and rapid price appreciation: the median house now sits at $750,000 after 15.55% annual growth, supported by 120 sales in the past year. That momentum is underpinned by population growth of 2.56% since 2016, but the affordability picture is increasingly stretched. At a $1,564 weekly household income, the current median price demands significant serviceability, and with mortgage rates around 6.65%, rate sensitivity is a real constraint. Future gains will depend on continued connectivity advantages and listing scarcity, but prospective buyers should weigh how much upside remains relative to income growth. The rental market, meanwhile, shows healthy depth—$700 for a 3BR house and $600 for a 2BR unit—though tighter financial conditions could cool the pace of house price gains.
WhatsApp
Copy link
URL has been copied successfully!
FbMessenger
WeChat

PropCred Estimated Value

Comparable Sales: 62 Gardiner Street sold at $490,000 for 3/1/2 on 351m² | Property Price Band: $450K–$550K | Value Drivers: condition, land size, presentation, and layout simplicity

Bedrooms

3

Bathroom

1

Parking

2

Land

304m²

Research & Review Prepared by Steve Dalton, Senior Analyst · Reviewed by Matt Proctor, Principal Analyst
WhatsApp
Copy link
URL has been copied successfully!
FbMessenger
WeChat