706/118 Goodwood Parade, Burswood WA 6100

706/118 Goodwood Parade, Burswood WA 6100
Larger than typical 1-bed | 2019 build with pool | Strong rental yield potential | Near stadium and CBD This apartment is competitively positioned as a newer, well-sized one-bedroom unit that offers more internal space than many comparable properties in Burswood. Its 2019 construction, combined with modern finishes and building amenities like a pool and secure parking, places it above entry-level stock. The property serves best a buyer seeking a low-maintenance, inner-urban home with good connectivity, whether as a primary residence for a professional or couple, or as a yield-oriented investment in a precinct with consistent rental demand. The value of this property may be influenced by its floor level and aspect, which are not confirmed but could affect light and privacy. Its size, reported variably, might lead to different lender or buyer perceptions of usable space, so verifying the internal area against the strata plan is advisable. The presence of building amenities like a pool adds lifestyle appeal but also strata levies, which should be weighed against the potential for slightly above-average rental returns in this location.
Detailed Independent Property Report prepared  by PropCred Analyst team for 706/118 Goodwood Parade, Burswood WA 6100
Checks found:
Value Risk ✕ 2
Liquidity Risk ! 1
Planning Risk ✓
Income Risk ✕ 2
Execution Risk ! 1
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Market Insight

Burswood is a tightly held, high-demand suburb experiencing rapid price appreciation across both houses and units, driven by strong investor and buyer interest. The market is characterised by exceptionally low stock levels and swift sales, indicating intense competition. Future growth is underpinned by this sustained demand against constrained supply, though the limited transaction volume and price variance highlight sensitivity to affordability pressures and market liquidity.
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PropCred Estimated Value

Bedrooms

1

Bathroom

1

Parking

1

Land

2294m²

Research & Review Prepared by Steve Dalton, Senior Analyst · Reviewed by Matt Proctor, Principal Analyst
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