SOLD
Sold on 02 Sep 2024 for $715,000

14 Frederic Street
Midland WA 6056

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 105m2
Land area: 1219m2
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Property Details for 14 Frederic St, Midland

14 Frederic St, Midland is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1979. The property has a land size of 1219m2 and floor size of 105m2. While the property is not currently for sale or for rent, it was last sold in September 2024. There are other 3 bedroom House sold in Midland in the last 12 months.

Building Type
House
Year Built
1979
Floor Size
105m2
Land Size
1219m2
Local Government
Swan
Lot/Plan
123/P002112

Last Listing description (October 2024)

A Prime Investment OpportunityRob Harwood@realty is delighted to present this exceptional property, perfectly positioned in Midland. Built in 1978, this solid brick and tile home sits on a sprawling 1,219 sqm block, boasting an R60/80 zoning that offers endless possibilities for the savvy investor. Located only walking distance from both major shopping centers and Midland train stationKey Features:Spacious Living: The home features 3 generously sized bedrooms, providing ample space for a growing family or tenants.Original Charm: The original bathroom includes a unique Roman shower, adding a touch of character to the property.Multiple Living Areas: Enjoy a large formal lounge, separate dining, and family rooms, catering to various lifestyle needs.Functional Kitchen: The original kitchen, complemented by tiled floors, retains its practical layout and charm.Modern Comforts: Stay comfortable year-round with split-system air conditioning.Secure Parking: A lock-up garage provides secure parking and additional storage.Outdoor Living: The rear patio overlooks the picturesque Woodbridge Creek, offering a serene setting for outdoor relaxation.Development Potential: With R60 zoning, this property presents numerous development options, including apartments or group housing.Investment Potential:The existing house is move-in ready and could fetch a rental income of approximately $500 per week. Alternatively, with a simple repaint and refresh, the rental return could increase to up to $600 per week.Don't miss out on this rare opportunity to invest in a property with such significant potential in a prime location. Contact Bob Harwood@realty today to arrange a viewing and explore the possibilities.

Property History for 14 Frederic St, Midland, WA 6056

A timeline of how this property has performed in the market
Last Sold
$715,000
02 Sep 2024
  • 02 Sep 2024
    Sold for $715,000
  • 23 Aug 2024
    Listed for Sale Offers From $699,000

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About Midland 6056

The size of Midland is approximately 4.4 square kilometres. It has 8 parks covering nearly 6.8% of total area. The population of Midland in 2011 was 5,109 people. By 2016 the population was 5,974 showing a population growth of 16.9% in the area during that time. The predominant age group in Midland is 20-29 years. Households in Midland are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Midland work in a trades occupation. In 2011, 39.8% of the homes in Midland were owner-occupied compared with 37.7% in 2016.

Midland has 4,706 properties. Over the last 5 years, Houses in Midland have seen a 81.55% increase in median value, while Units have seen a 107.41% increase. As at 30 September 2024:

  • The median value for Houses in Midland is $591,012 while the median value for Units is $446,281.
  • Houses have a median rent of $523 while Units have a median rent of $500.
There are currently 59 properties listed for sale, and 18 properties listed for rent in Midland on OnTheHouse. According to CoreLogic's data, 401 properties were sold in the past 12 months in Midland.

Suburb Insights for Midland 6056

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Contact agent
Rob Harwood
Show contact details
@realty
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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.