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28/165 Grand Boulevard, Joondalup WA 6027

From $329,000

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$329k - $345k Transparent Transparent Listing Based on an openly advertised listing price.

Apartment 1 Bed 1 Bath 1 Car

Listed: 27th Jun 2026

Updated: 30th Jul 2026

Overview

Excellent value is offered for the discerning investor in this conveniently located apartment. Set in the heart of Joondalup, the property provides easy walking access to all the amenities that this vibrant city center offers. This investment opportunity stands out for its strategic location and potential for future growth within a well-established property market.

The apartment consists of one bedroom and one bathroom, perfectly suited for singles, couples, or investors seeking a low-maintenance addition to their portfolio. Positioned on the first floor, the unit is part of a sought-after complex notable for its comfort and accessibility, featuring an elevator for resident convenience—an uncommon amenity among similar developments in the area.

The living space includes air conditioning to ensure comfort year-round, along with a spacious balcony that extends the living area and invites relaxation or entertaining in an outdoor setting. The design maximizes natural light and modern conveniences, offering excellent value for money in a competitive property market.

The property is currently tenanted under a lease agreement that runs until March 9th, 2025, with a reliable tenant paying $420.00 per week. This stable tenancy offers immediate rental income, reinforcing the apartment's appeal as a sound investment choice. The tenant has expressed a preference for a long-term stay, adding further security to prospective owners.

Additional financial considerations include strata fees, which are approximately $706.90 per quarter, covering common area maintenance and the property's reserve fund. Council rates amount to $1,065.20 annually, reflecting local government charges for the property. These predictable expenses contribute to clear budgeting for owners.

As the apartment is tenanted, public open home inspections are not available. Potential buyers interested in viewing the property should arrange a private appointment to gain direct access. Overall, this apartment represents an excellent entry point into the Joondalup property market with its central location, practical features, and secure tenancy providing a strong investment outlook.

Local Market Insights

In Joondalup, Quiet Listings observed 9 new apartments entering the market over the last 30 days, up from 8 during the previous 30-day period, with an average advertised asking price of $664,556. The property type mix of listed properties is predominantly Houses at 66%, followed by apartments (13%), and commercial properties (7%). The most active agency for apartments in the Joondalup area is currently First Western Realty, representing 44% of new listings, followed by Marshall Real Estate with 11%. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.

While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.