L 5 52/60-64 Forrest Avenue, East Perth WA 6004

Compact inner-city unit | high-renter building | 39m² footprint | school catchment access. This 39m² one-bedroom flat sits in a 1940s building within a suburb where over half the population is aged 20–39, signalling consistent rental demand from young professionals. The property falls within the intake areas for Highgate Primary School and Bob Hawke College, a practical advantage for tenants or buyers with school-age children. With 60% of building occupants renting and recent comparable units achieving solid weekly rents, the unit offers a plausible entry point for an investor targeting inner-city yields. Its small footprint, however, limits appeal for owner-occupiers seeking living space. The main constraint is the unit’s size at 39m², which may restrict financing options and future resale buyer pool. The price picture remains unclear, as visible comparable sales in the same building have varied widely, so confidence in the guide cannot be formed from the available evidence alone. Whether the building’s age and small floorplans will sustain long-term capital growth in this market segment needs to be resolved before a buying decision can be made with assurance.