77/375 Hay Street, Perth WA 6000

77/375 Hay Street, Perth WA 6000
2 bed 2 bath 1 car | South-facing | 2008 build | Pool gym sauna spa | CBD fringe walkable This unit sits in a well-established 2008 strata complex on the CBD fringe, offering a practical 2×2 layout with balcony, storeroom, and secure parking. The amenity package—pool, spa, sauna, gym—supports strong rental appeal, while proximity to the free CAT bus zone, river, and private schools like Mercedes College makes it a solid choice for owner-occupiers seeking low-maintenance city living or investors targeting steady tenant demand. South orientation may reduce natural light compared to north-facing counterparts, but the building’s facilities and location compensate for that trade-off. Value may be influenced by floor level and outlook, as higher units with city or river views typically command a premium. The building’s strata levies, including a recent carpark waterproofing special levy, add ongoing costs that buyers should factor into their budget. Fitout condition—stone benches, European appliances, mirrored robes—will also shape price, with well-presented units achieving stronger outcomes. Rental evidence around $785 per week for similar units suggests solid income potential, though exact yield depends on purchase price and vacancy management.
Detailed Independent Property Report prepared  by PropCred Analyst team for 77/375 Hay Street, Perth WA 6000
Checks found:
Value Risk ! 1
Liquidity Risk ! 1
Planning Risk
Income Risk 2
Execution Risk 2
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Market Insight

Perth’s inner ring remains supply-constrained. The suburb (postcode 6000) sits at the centre of transport-connected demand, with equity-rich upgraders, downsizers and investors competing for scarce listings. Median house price is $940,635, up 18.4 per cent over the year; unit values rose $117,119, with annual growth of 20.1 per cent. Houses sell in roughly 9–10 days and vacancy is below 1 per cent, reinforcing investor and first-home buyer interest in units. Advertised stock is 45–47 per cent below the five-year average, so supply constraints underpin price momentum. Family homes near schools remain sought-after, and population inflows add weight to demand. The principal risk is affordability: first-home buyers face entry prices approaching $1.1 million by end-2026, a $142,000 rise in 24 months. Cash-rate hikes could slow growth, pushing price-sensitive buyers to outer corridors.
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PropCred Estimated Value

Comparable Sales: 47/375 Hay Street sold around $685,000; 50/375 Hay Street recorded prior sales from $458,000 to $549,000 | Property Price Band: $550,000–$650,000 | Value Drivers: Floor level, outlook, fitout condition, and building maintenance levies

Bedrooms

2

Bathroom

2

Parking

1

Land

118m²

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