SOLD
Sold on 29 Nov 2024 for $620,000

5/97 Peninsula Road
Maylands WA 6051

Bedrooms: 2
Bathrooms: 2
Car spaces: 2
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Property Details for 5/97 Peninsula Rd, Maylands

5/97 Peninsula Rd, Maylands is a 2 bedroom, 2 bathroom Apartment with 2 parking spaces. While the property is not currently for sale or for rent, it was last sold in November 2024. There are other 2 bedroom Apartment sold in Maylands in the last 12 months.

Building Type
Apartment

Last Listing description (November 2024)

Nestled within the elegant low-rise Vue Apartments, this contemporary two-bedroom, two-bathroom residence seamlessly combines style, convenience, and prime location. The open-plan living and dining area extends to a generous balcony, offering panoramic views of the surrounding neighborhood—perfect for entertaining or relaxing. Enjoy access to beautifully landscaped communal gardens and barbecue facilities.

Just a short stroll of five to ten minutes places you at the vibrant 8th Avenue/Whatley Crescent café and shopping precinct, the picturesque Swan River, scenic walking and cycling trails, and local shops. Nearby, you'll find the Maylands Peninsula Public Golf Course, Maylands Yacht Club, Ascot Racecourse, and Perth CBD.

This superb location is ideal for busy professionals, couples, or FIFO workers due to its proximity to the airport. The apartment is move-in ready, presenting an attractive opportunity for investors seeking strong ROI. With two bedrooms and two bathrooms, the space offers flexibility—rent out one room while enjoying the other.

Key Features:
Generous 120m2: Total area on title
Open-Plan Living and Dining: Leading to a spacious 25 SQM balcony with city and neighborhood views
Modern Kitchen: Equipped with stone benchtops, dishwasher, induction cooktop and ample storage
Additional Storage: 6 SQM storeroom accessible from the balcony
Integrated Laundry: Conveniently located in the main bathroom
Climate Control: Split system air-conditioning in the living room
Parking: Two dedicated undercover car bays
Complex Features: Beautifully maintained with communal landscaped gardens and secure entry with intercom
Pet-Friendly: Subject to council of owners' approval

Please note this property is currently tenanted until May 2025 on a fixed term lease at $600 per week.

Location Highlights:
450m to Maylands Peninsula Public Golf Course
450m to De Lacy Reserve
700m to the Swan River at Balgup Wetlands or Berringa Park
1.2km to Maylands Yacht Club
1.4km to local shops
1.3km to 8th Avenue/Whatley Crescent café and shopping strip
1.5km to Maylands train station
2.7km to Ascot Racecourse
5.3km to Perth CBDWater Rates: Approx $1,066 per annum

Council Rates: Approx $1,858 per annum
Water Rates: Approx $1,041 per annum
Strata Fees: Approx $842 per quarter

Disclaimer:
The particulars of this listing have been prepared for advertising and marketing purposes only. We have made every effort to ensure the information is reliable and accurate, however, clients must carry out their own independent due diligence to ensure the information provided is correct and meets their expectations.

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Property History for 5/97 Peninsula Rd, Maylands, WA 6051

A timeline of how this property has performed in the market
Last Sold
$620,000
29 Nov 2024
Listed for Rent
$500/w
05 May 2022
  • 25 Nov 2024
    Sold for $620,000
  • 03 Sep 2024
    Listed for Sale Sold By Mary Tan
  • 11 Apr 2022
    Listed for Rent $500 / week
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About Maylands 6051

The size of Maylands is approximately 5 square kilometres. It has 18 parks covering nearly 30.3% of total area. The population of Maylands in 2011 was 12,353 people. By 2016 the population was 12,577 showing a population growth of 1.8% in the area during that time. The predominant age group in Maylands is 30-39 years. Households in Maylands are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Maylands work in a professional occupation. In 2011, 45.8% of the homes in Maylands were owner-occupied compared with 47.9% in 2016.

Maylands has 8,436 properties. Over the last 5 years, Houses in Maylands have seen a 64.01% increase in median value, while Units have seen a 85.09% increase. As at 28 February 2025:

  • The median value for Houses in Maylands is $980,089 while the median value for Units is $511,610.
  • Houses have a median rent of $800 while Units have a median rent of $540.
There are currently 53 properties listed for sale, and 12 properties listed for rent in Maylands on OnTheHouse. According to CoreLogic's data, 547 properties were sold in the past 12 months in Maylands.

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Michael Mort
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Mary Tan
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