FOR SALE
Offers Over $1,550,000

70 Monash Avenue
Nedlands WA 6009

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 112m2
Land area: 491m2
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Original Home ready for Development or Renovation

Original Home currently leased within the Nedlands Medical Precinct. Zoned RAC-3 providing an opportunity to develop and or build a mixed-use premises.
Development subject to R-Codes Vol.2
• 2 Bedroom, 1 Bathroom
• 491 sqm
• Plot Ratio 2.0
• Potential building height 6 storeys
• Total leased holding income of $24,000 per annum
• Council rates 68 Monash ($2,064.05 21/22)
• Water rates 68 Monash ($1,304.73 21/22)
• Can be sold in conjunction with 70 Monash.

Property Details for 70 Monash Ave, Nedlands

70 Monash Ave, Nedlands is a 2 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 491m2 and floor size of 112m2. The place is currently for sale with Gordon Davies Real Estate.

Building Type
House
Floor Size
112m2
Land Size
491m2

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About Nedlands 6009

The size of Nedlands is approximately 5.3 square kilometres. It has 18 parks covering nearly 11.3% of total area. The population of Nedlands in 2011 was 10,183 people. By 2016 the population was 10,192 showing a population growth of 0.1% in the area during that time. The predominant age group in Nedlands is 20-29 years. Households in Nedlands are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Nedlands work in a professional occupation. In 2011, 68.8% of the homes in Nedlands were owner-occupied compared with 70.9% in 2016.

Nedlands has 5,139 properties. Over the last 5 years, Houses in Nedlands have seen a 60.87% increase in median value, while Units have seen a 69.75% increase. As at 31 October 2024:

  • The median value for Houses in Nedlands is $2,304,269 while the median value for Units is $872,715.
  • Houses have a median rent of $1,100 while Units have a median rent of $695.
There are currently 40 properties listed for sale, and 15 properties listed for rent in Nedlands on OnTheHouse. According to CoreLogic's data, 267 properties were sold in the past 12 months in Nedlands.

Suburb Insights for Nedlands 6009

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Gordon Davies
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Gordon Davies 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.