FOR SALE
Sale Price Unavailable

971 Albany Highway
East Victoria Park WA 6101

Bedrooms: 1
Bathrooms: 1
Car spaces: 2
Floor area: 685m2
Land area: 684m2
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PRIME INVESTMENT OPPORTUNITY IN A PRIME LOCATION

This three-storey building site is offering a (Mixed Use) residential/ commercial prime investment opportunity in a prime location. It will generate a massive rental return for the 2nd and 3rd floor apartments. The ground floor can be leased for business venture and featuring a 4 bed, 2 bath, 2 toilet residential house at the back where the family can reside.
A newly built secured property which offers so many attributes.
The spacious and modern one-bedroom apartments boast open-plan living, modern finishings, stainless steel appliances and a huge balcony. Situated right in the middle of Victoria Park business centre, cafe strip and endless restaurants. Within walking distance to the lively area of East Victoria Park & Vic Park where there the business premises are located and is an abundance of boutique dining options, bars and retail stores. Approximately a 10-minute drive to the CBD, Swan River, Burswood, Perth Airport and Welshpool. Offering a 1 bedroom with built in robes, modern bathroom with toilet, a spacious gourmet kitchen with stainless steel appliances and dishwasher, air conditioner, tiled flooring throughout.
The building's ground floor is capable of being leased for a range of office or health related uses.
The premises include open parking spaces at the front parking for about 4 vehicles while the rear covered parking area can accommodate about 6 vehicles and car bays available next to the bus stop.
Close to all major amenities:
• Shopping centre
• Access to public transport
• Local bars, cafes and restaurants
• Retail stores, Bunnings and Aldi
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Property Details for 971 Albany Hwy, East Victoria Park

971 Albany Hwy, East Victoria Park is a 1 bedroom, 1 bathroom Unit with 2 parking spaces. The property has a land size of 684m2 and floor size of 685m2. The place is currently for sale with EXP AUSTRALIA WA.

Building Type
Unit
Floor Size
685m2
Land Size
684m2

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About East Victoria Park 6101

The size of East Victoria Park is approximately 3.9 square kilometres. It has 19 parks covering nearly 8.1% of total area. The population of East Victoria Park in 2011 was 9,031 people. By 2016 the population was 10,076 showing a population growth of 11.6% in the area during that time. The predominant age group in East Victoria Park is 20-29 years. Households in East Victoria Park are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in East Victoria Park work in a professional occupation. In 2011, 53.9% of the homes in East Victoria Park were owner-occupied compared with 55.4% in 2016.

East Victoria Park has 5,936 properties. Over the last 5 years, Houses in East Victoria Park have seen a 74.35% increase in median value, while Units have seen a 60.06% increase. As at 31 October 2024:

  • The median value for Houses in East Victoria Park is $984,622 while the median value for Units is $577,865.
  • Houses have a median rent of $713 while Units have a median rent of $640.
There are currently 36 properties listed for sale, and 13 properties listed for rent in East victoria park on OnTheHouse. According to CoreLogic's data, 288 properties were sold in the past 12 months in East victoria park.

Suburb Insights for East Victoria Park 6101

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Vicki Wotherspoon
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EXP AUSTRALIA WA
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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.