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Sold on 07 Dec 2024 for $580,000

2/50 Lion Street
Centennial Park WA 6330

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Floor area: 187m2
Land area: 433m2
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Property Details for 2/50 Lion St, Centennial Park

2/50 Lion St, Centennial Park is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 2015. The property has a land size of 433m2 and floor size of 187m2. While the property is not currently for sale or for rent, it was last sold in December 2024. There are other 4 bedroom House sold in Centennial Park in the last 12 months.

Building Type
House
Year Built
2015
Floor Size
187m2
Land Size
433m2
Local Government
Albany
Lot/Plan
2/S056295

Last Listing description (February 2025)

This smart, modern home is the perfect option for downsizers, investors or buyers appreciating the benefits of a lock-and-leave while they chase the winter sun. With the current rental appraisal suggesting a potential $600 - $650 per week, this gives an indication of the returns an investor can expect.It was designed for easy living and even easier maintenance, so occupants preferring to be socialising, fishing, playing golf or travelling can enjoy peace of mind while having a private, secure place to return to.The freestanding building has a classy slate grey rendered facade and a grey tile roof. It is one of 12 in a private enclave of individually styled homes and occupies a 433sqm block approximately 2km from Albany's CBD. In a quiet street, the home is within walking distance of a shopping centre, childcare centre and medical facilities.A generous open-plan living area comprising the family room, dining space and kitchen is augmented by a theatre or TV lounge to the side.Glass doors from the light and airy family room open onto a paved, covered patio in the enclosed back yard, an excellent outdoor living option all year round.The kitchen is finished in stylish latte cabinetry with stone benches, and sports a five-burner gas cooktop, extra-wide under-bench oven, pantry and breakfast bar. At the front, the master bedroom has a walk-in robe and an ensuite shower room with a vanity and toilet.The other three bedrooms, all queen size with robes, are at the back of the house, near a central activity room or study as well as the main bathroom complete with a bath, shower and vanity, and the separate toilet off the laundry.There's internal access to the double garage as well as off-road parking for two more vehicles, and the private backyard is mostly paved, with a veggie patch and a lockable garden shed.Everything about this impressive home is in good order and it's ready to move into for a lifestyle of comfort and convenience - or rent out for good returns. What you need to know:- Stylish brick veneer and tile home, built 2015- 433sqm block, easy-care gardens- Open family room and meals area- Theatre or TV lounge- Activity area- Covered, paved rear patio- Kitchen with pantry, gas cook-top, 900mm oven - Master bedroom with ensuite shower room, walk-in robe- Three double rooms with robes- Main bathroom with bath, shower, vanity- Laundry and separate toilet- Double garage with internal access- Private back yard, garden shed- Excellent lock-and-leave or rental investment- Current rental appraisal suggesting $600 - $650 per week - Walking distance to shops, childcare and medical facilities. - Council rates $2,985.54- Water rates $1,564.15- Strata fees $124.50

Property History for 2/50 Lion St, Centennial Park, WA 6330

A timeline of how this property has performed in the market
Last Sold
$580,000
07 Dec 2024
Listed for Rent
$650/w
06 Nov 2024
  • 07 Dec 2024
    Sold for $580,000
  • 02 Dec 2024
    Listed for Sale Offers Above $550,000
  • 15 Oct 2024
    Listed for Rent $650 / week
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About Centennial Park 6330

The size of Centennial Park is approximately 2 square kilometres. It has 1 park covering nearly 28% of total area. The population of Centennial Park in 2011 was 568 people. By 2016 the population was 620 showing a population growth of 9.2% in the area during that time. The predominant age group in Centennial Park is 70-79 years. Households in Centennial Park are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Centennial Park work in a trades occupation. In 2011, 51% of the homes in Centennial Park were owner-occupied compared with 53.8% in 2016.

Centennial Park has 855 properties. Over the last 5 years, Houses in Centennial Park have seen a 55.58% increase in median value, while Units have seen a 45.84% increase. As at 31 January 2025:

  • The median value for Houses in Centennial Park is $521,383 while the median value for Units is $363,547.
  • Houses have a median rent of $430 while Units have a median rent of $445.
There are currently 16 properties listed for sale, and 5 properties listed for rent in Centennial park on OnTheHouse. According to CoreLogic's data, 41 properties were sold in the past 12 months in Centennial park.

What's around 2/50 Lion St, Centennial Park

Nearby Schools
Comparable Properties

Suburb Insights for Centennial Park 6330

Market Insights
Centennial Park Trends for Houses
Median Value

$521k

5.58%
View Trend
Median Growth

5.42%

View Trend
Median Rent

N/A

-
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Rental Yield

N/A

-
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Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year (03/24 - 01/25)
Centennial Park Trends for Units
Median Value

$364k

9.23%
View Trend
Median Growth

-5.39%

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

6.13%

6.98%
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year (03/24 - 01/25)
Neighbourhood Insights
Age

Population 620

0-9

 

6%

10-19

 

8%

20-29

 

10%

30-39

 

11%

40-49

 

11%

50-59

 

11%

60-69

 

12%

70-79

 

14%

80-89

 

14%

90-99

 

1%

Household Structure
Occupancy
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Show contact details
Merrifield Real Estate
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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.
Valuations and Estimates
This estimate is provided by CoreLogic, and is based on statistical market data such as recent local sales, property size, number of bedrooms and many more factors. It comes from public data, which may be incomplete or inaccurate, and should not be used in lieu of a professional appraisal under any circumstances, including for lending purposes or in home loan applications.
School data and Content
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ABS data
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Liveability information
The Liveability Score is a rating (out of 10) provided by Propella.ai Pty Ltd as a guide about how "well-connected" properties are in certain local areas. The Liveability Score is based on statistical data about a local area in which a property is located including the distance to and number of available facilities and services (including schools, parklands, health services, shopping and public transport) (Liveability Data). The Liveability Data and Liveability Score has not been verified or confirmed by CoreLogic, is not available for all properties, and is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice. Given the relative nature of the Liveability Score, propella.ai anticipate that scores for individual properties will change over time.