W403/70 Canning Beach Road, Applecross WA 6153

W403/70 Canning Beach Road, Applecross WA 6153
Flood overlay | Heritage overlay | Land lease expiry | Resale pool depth The flood and heritage overlays introduce specific insurance and renovation approval costs that a buyer must verify before proceeding. The 171sqm footprint on the 4th floor offers rare internal space for an apartment, which supports owner-occupier demand and long-term holding. This property suits a buyer who values location and size over turn-key flexibility. The Raffles complex location is competitively rare for Applecross waterfront living, with the IGA and train station within walking distance reducing car dependency. The Miele kitchen and ensuite with dual sinks signal a premium finish that attracts owner-occupiers rather than investors. This unit best serves a downsizer or professional couple seeking a low-maintenance riverfront base with strong amenity adjacency. To proceed, instruct your conveyancer to review the strata title for lease conditions and overlay consent histories before exchanging contracts.

Independent, Unbiased Research Report for this property by PropCred Analyst teamย 

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Market Insight:

Applecross is an affluent riverside suburb, characterised by its prime location and high-income demographic. Demand is driven by buyers seeking premium residential living, supported by exceptionally strong recent price growth, particularly in the unit market. The market demonstrates robust conditions with houses transacting relatively quickly. Future growth is anchored in its established desirability and limited riverside land, though the premium pricing presents a natural constraint on entry.
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PropCred Estimated Value

Bedrooms

2

Bathroom

2

Parking

2

Land

2.12 acres

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