8/103 Morrison Road, Midland WA 6056
8/103 Morrison Road, Midland WA 6056
Compact townhouse unit | Strata-titled low-maintenance living | Active rental demand | Midland amenity corridor | Finish level unverified
This property offers a practical entry point into Midland’s higher-density housing market, where compact strata townhouses are consistently sought by first-home buyers, downsizers, and investors. Its position within the Morrison Road cluster places it close to Midland Gate, the train station, and the medical precinct, making it a convenient base for those prioritising access over yard space. The configuration—likely three bedrooms, two bathrooms, and a garage—suits households wanting manageable upkeep without sacrificing functional living areas. For an investor, the demonstrated rental activity in this pocket suggests steady tenant interest, while owner-occupiers benefit from a location that balances urban convenience with a modest residential footprint.
The property’s value may hinge on its internal condition and layout efficiency, as nearby townhouse stock ranges from dated to fully refreshed. A renovated interior with modern finishes could lift its appeal substantially, while an older presentation might position it at the lower end of buyer expectations. Strata fees and the quality of common-area maintenance may also influence perceived value, as could the unit’s orientation and natural light. The broader corridor’s redevelopment activity might add long-term upside, but for now, the price band likely reflects the trade-off between location convenience and the compact, strata-titled nature of the dwelling.
Detailed Independent Property Report prepared by PropCred Analyst team for 8/103 Morrison Road, Midland WA 6056
Checks found:
Value Risk
1
Liquidity Risk
1
Planning Risk
2
Income Risk
Execution Risk
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Market Insight
Midland is a mixed-use suburb where industrial, commercial and residential zones sit alongside a State Government urban renewal area that has been adding new dwellings since 2000. The predominantly 20-29 age cohort and a 6.08% population rise since 2016 point to young buyers and renters driving demand, supported by strong investment fundamentals: houses return a 5.02% gross yield and units 6.35%, with median weekly rents of $600 and $590 respectively. House prices have grown sharply, with a median of $624,000 and 21.17% annual capital growth, while units sit at $535,000 after rising 24.4% in the same period. Houses clear in around 12 days, reflecting tight stock levels. The renewal project remains the key forward driver, having already reshaped the suburb’s composition; however, rapid price appreciation and the absence of vacancy or supply data leave the sustainability of this momentum unquantified.
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PropCred Estimated Value
Comparable Sales: 151 Morrison Road sold $480,000 (Oct 2022); 153 Morrison Road sold $480,000 (Jan 2023) | Property Price Band: $400,000–$500,000 | Value Drivers: internal condition, layout functionality, rental yield potential
Bedrooms
3
Bathroom
2
Parking
2
Land
2025m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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