708/58 Grose Avenue, Cannington WA 6107

708/58 Grose Avenue, Cannington WA 6107
Top floor | 2 bathroom | built 2016 | compact footprint | bushfire overlay This is a competitively positioned apartment in Cannington, most notably for being a top-floor, 2016-built unit with two bathroomsโ€”a configuration that is uncommon in the suburbโ€™s older stock. The modern finishes and dual bathrooms give it an edge for owner-occupiers seeking low-maintenance living, particularly downsizers or first-home buyers who value a newer building and parking. The propertyโ€™s age and floor level also support stronger rental appeal, as these features tend to attract tenants willing to pay a premium for quality and outlook. It serves best as a long-term hold for an investor or a turnkey home for someone wanting to avoid renovation. The bushfire overlay flagged for this address may have a material impact on insurance costs and could influence some buyersโ€™ willingness to proceed, though the risk is typically manageable with standard mitigation measures. The compact 72-square-metre lot means internal space is efficient rather than generous, which may limit appeal for those seeking larger rooms or storage. The absence of a stated aspect leaves the quality of natural light and views unconfirmedโ€”both factors that could meaningfully affect perceived value and should be verified in person.
Detailed Independent Property Report preparedย  by PropCred Analyst team forย 708/58 Grose Avenue, Cannington WA 6107
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Market Insight:

Cannington is a well-established, inner-ring suburb experiencing strong demand from young professionals, driving rapid price growth and a highly competitive sales market. This demand is supported by significant population growth and proximity to Perth, creating a tight rental market with solid yields. Future growth is underpinned by its established infrastructure and demographic momentum, though affordability pressures and interest rate sensitivity present key constraints to watch.
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PropCred Estimated Value

Bedrooms

2

Bathroom

2

Parking

1

Land

4009mยฒ

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