9/6 York Street, Inglewood WA 6052

1970s unit on large land | dual car accommodation | prime school catchments | no overlays This unit presents a rare configuration for its era: a two-bedroom apartment on a substantial 2,200-square-metre block with both a car space and a carport. Its position within the Inglewood Primary and Mount Lawley Senior High School catchments creates inherent demand from families seeking apartment living in strong state school zones. The absence of development overlays simplifies the ownership proposition, making it a straightforward, low-complexity purchase for an owner-occupier or a long-term investor targeting the family rental market. The primary risk is valuation validation, given the significant appreciation since its last sale and the lack of immediate comparable sales data. This necessitates a premium on due diligence to justify the current asking range. The commercial logic lies in securing a well-located unit with land component scarcity; it is a hold proposition, relying on land value and rental yield from a stable tenant profile rather than speculative value from future renovations. Proceed only with a disciplined price ceiling based on a conservative rental assessment. The only direct comparable is the property’s own sale at $260,000 in February 2023. This dramatic increase in a short period underscores a hot market but demands external validation. You must cross-reference the agent’s estimates against recent sales of similar two-bedroom units in the broader Inglewood area to test pricing resilience.