8/931 Wellington Street, West Perth WA 6005

8/931 Wellington Street, West Perth WA 6005
2×2 with parking in a boutique block | 1997 build, solid inner-west stock | Sought-after Subiaco and Bob Hawke catchment | Strong rental yield signal for its price point This apartment sits in a well-established West Perth location, built in 1997 as part of a boutique complex of only 30 units. The two-bedroom, two-bathroom configuration with one car space is notably stronger than many older units in the area, which often compromise on either bathroom count or parking. It is positioned within the intake areas for Subiaco Primary School and Bob Hawke College, both of which are regarded as desirable public school options in Perth’s inner-west. The property is best suited to owner-occupiers such as downsizers or professionals who value proximity to the CBD, as well as investors seeking a format that typically commands consistent rental demand. The purchase price and rent relationship implied by recent activity in the building suggests a yield that is competitive for inner-city apartment stock. This may reflect the strength of the two-bathroom layout and the boutique nature of the complex, both of which can support above-average returns. Buyers should weigh the 1997 build age and the absence of detailed body corporate information, as older apartment blocks can carry higher ongoing levies or future maintenance costs. The unit’s level position within the building and its aspect are not confirmed, and these factors might influence both living amenity and resale appeal.
Detailed Independent Property Report preparedย  by PropCred Analyst team forย 8/931 Wellington Street, West Perth WA 6005
WhatsApp
Copy link
URL has been copied successfully!
FbMessenger
WeChat

Market Insight:

West Perth is a tightly held inner-city suburb positioned for sustained demand, driven by its proximity to the CBD and robust transport links. Demand is fuelled by strong population growth, including interstate and overseas arrivals, while a chronic undersupply of housing stock creates intense competition, accelerating capital growth as evidenced by recent rapid price appreciation. Future growth is anchored in this persistent supply-demand imbalance, though affordability pressures and interest rate sensitivity remain key constraints for the market.
WhatsApp
Copy link
URL has been copied successfully!
FbMessenger
WeChat

PropCred Estimated Value

Bedrooms

2

Bathroom

2

Parking

1

Land

109mยฒ

Assessments Delivered Today

WhatsApp
Copy link
URL has been copied successfully!
FbMessenger
WeChat