8/316 Hardey Road, Cloverdale WA 6105

**Cloverdale 3×2 | Rent vs buy gap | 55% renters | 2025 built** The property’s modern finishes and upper-level position reduce maintenance risk, but the 55% rental composition in the building shifts buyer leverage toward investor demand, which softens capital growth over time. The $760 rent compared to a theoretical $780 potential suggests a narrow buffer and limits yield upside for an owner-occupier. For a buyer holding medium-term, treat this as a solid income-producing unit with constrained appreciation until the owner-occupier ratio improves. This unit’s competitive advantage lies in its 2015 construction and 127sqm internal area, rare for apartment stock in Cloverdale, giving a buyer better space per dollar than nearby townhouses. The balcony, air conditioning, and fibre NBN suit professional tenants or downsizers who want low-maintenance living near Belmont schools. It serves best an investor seeking reliable cash flow or an owner-occupier prioritizing a locked garage and private outdoor space in an established corridor. To move forward, request the vendor’s recent strata records to confirm sinking fund health and any upcoming levies—this will confirm your holding costs and strengthen your negotiating position.