8/11 Regal Place, East Perth WA 6004

Flood overlay on title | 70sqm floor area is compact | 8.38% rental yield achievable on comps | Strong turnover in complex This property carries a flood overlay on title, which may narrow the pool of future buyers and can impact financing for some lenders, potentially costing you time and leverage at resale; however the 8.38% rental yield demonstrated by a comparable unit signals robust income potential that offsets modest capital growth. You should treat this unit as a rental hold rather than a renovation play or a family home. The unit sits in a building with moderate turnover and falls within the intake area for Highgate Primary School and Bob Hawke College, which adds buyer and tenant appeal over time. It serves best an investor seeking yield with reasonable demand or an owner-occupier who prioritises location over space and footprint. The 70 square metre floor plan is compact but functional, typical of 1999 builds, and the 1 carport plus 1 car space is rare in this price range. The NBN Fibre to the Building and 5G coverage support modern living or working from home. No bushfire or heritage overlays simplify due diligence. This property suits a buyer who values yield and location over size and who will lock in the current under-offer position quickly while the comparable unit at 14/11 sold for $610,000 in March 2026, reinforcing the price envelope. Your next step is to negotiate a building and pest inspection specifically addressing the flood overlay’s real-world impact on the unit, not just the title note, and confirm lender appetite for the risk before exchanging contracts.