83/4 Delhi Street, West Perth WA 6005
83/4 Delhi Street, West Perth WA 6005
2006 build | Resort-style complex | Secure parking | City-fringe address | Strong rental demand
This apartment is situated within a well-maintained 2006 complex that distinguishes itself through a resort-style pool, spa, and gym, a rare convenience for inner-city living. The secure basement parking and modern finishes in many units appeal directly to professionals and downsizers seeking low-maintenance occupancy. Its location on Delhi Street places it within easy reach of City West Station, the Perth CBD, Kings Park, and Subiaco, making it one of the more transit-oriented apartment offerings in West Perth. The building’s mid-2000s construction and amenity-rich profile attract both owner-occupiers and investors, with rental demand supported by the proximity to employment hubs and lifestyle precincts.
Value may be influenced by the apartment’s floor level and aspect, which remain unresolved. Balcony size and the condition of kitchen and bathroom might shift pricing within the complex. Strata fees for resort-style amenities could be higher, while a northern aspect or city views may add a premium. Conversely, a quieter position or updated fit-out could enhance desirability.
Detailed Independent Property Report prepared by PropCred Analyst team for 83/4 Delhi Street, West Perth WA 6005
Checks found:
Value Risk
1
Liquidity Risk
Planning Risk
Income Risk
1
Execution Risk
1
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Market Insight
West Perth WA 6005 is a tightly held inner-city market directly adjacent to the Perth CBD, with houses trading at a median of $1,042,500 after 44.89% annual growth and a median days on market of just 10 days. Supply constraints are acute: annual sales volume is a thin 44 houses, and Greater Perth listing stock sits 42% below its five-year average. Demand is driven by sustained population growth, interstate migration and overseas arrivals, plus first-home buyers shifting to units as affordability tightens. Support comes from strong transport links and proximity to the CBD, which underpins competition for limited well-located stock. The key constraint is affordability and interest-rate sensitivity; chronic undersupply will keep upward pressure on prices, but stretched buyer capacity and higher rates pose the main downside risk.
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PropCred Estimated Value
Comparable Sales: 8/4 Delhi Street and 60/4 Delhi Street, both sold in the $700s | Listed Price Band: $700K to $800K | Value Indicator: floor level, balcony size, and kitchen/bathroom condition
Bedrooms
2
Bathroom
2
Parking
1
Land
102m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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