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OFFERS IN THE HIGH 700,000'S !!!

22 Stepney Road
Armadale WA 6112

Bedrooms: 3
Bathrooms: 1
Car spaces: 3
Land area: 1087m2
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DISCOVER THE POTENTIAL

Welcome to 22 Stepney Road, Armadale-a prime investment and development opportunity on a very large 1087-square-metre corner block. Zoned R15/R25, this property offers the potential for future subdivision and building, making it an excellent choice for savvy investors. The renovated house features three spacious bedrooms and one modern bathroom, equipped with all the contemporary amenities needed for comfortable living. With two split system air conditioning units, you'll stay cool during the hot summer months and cosy in winter.
This property's location and layout make it ideal for both immediate rental income and long-term development potential. The modern updates to the house ensure low maintenance, while the expansive block provides ample space for future projects. Whether you're looking to expand your property portfolio or embark on a new development venture, 22 Stepney Road is a versatile and promising option. Don't miss out on this rare opportunity to secure a valuable asset in a growing area.

Property Details for 22 Stepney Rd, Armadale

22 Stepney Rd, Armadale is a 3 bedroom, 1 bathroom House with 3 parking spaces. The property has a land size of 1087m2. The place is currently for sale with Minic Property Group.

Building Type
House
Land Size
1087m2

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About Armadale 6112

The size of Armadale is approximately 8.3 square kilometres. It has 38 parks covering nearly 8.1% of total area. The population of Armadale in 2011 was 12,853 people. By 2016 the population was 13,607 showing a population growth of 5.9% in the area during that time. The predominant age group in Armadale is 20-29 years. Households in Armadale are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Armadale work in a trades occupation. In 2011, 57.3% of the homes in Armadale were owner-occupied compared with 54.8% in 2016.

Armadale has 7,240 properties. Over the last 5 years, Houses in Armadale have seen a 171.74% increase in median value, while Units have seen a 193.68% increase. As at 30 November 2024:

  • The median value for Houses in Armadale is $579,011 while the median value for Units is $485,168.
  • Houses have a median rent of $570 while Units have a median rent of $520.
There are currently 70 properties listed for sale, and 16 properties listed for rent in Armadale on OnTheHouse. According to CoreLogic's data, 562 properties were sold in the past 12 months in Armadale.

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