FOR SALE
$285,000

18/1 Ochiltree Street
Somerville WA 6430

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
Land area: 153m2
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Secure your future with steady returns

This furnished investment property promises both potential and profitability. Whether you're an experienced investor or just starting, this opportunity is perfect for those looking to expand their portfolio with a solid asset. Positioned in a highly sought-after area with strong demand
Currently leased at $550.00 per week until 31/1/2025, showing a gross rental return of 10%.
Call Levi Willcocks on 0474 587 930 for a private inspection.
Features
Furnished
2 Bedrooms with Built-In Robes
1 Bathroom
Open Plan Living and Dining
Modern kitchen with Gas Cooking
Evaporative Airconditioning
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Property Details for 18/1 Ochiltree St, Somerville

18/1 Ochiltree St, Somerville is a 2 bedroom, 1 bathroom Unit with 2 parking spaces. The property has a land size of 153m2. The place is currently for sale with First National Real Estate Kalgoorlie.

Building Type
Unit
Land Size
153m2

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About Somerville 6430

The size of Somerville is approximately 4.7 square kilometres. It has 10 parks covering nearly 15% of total area. The population of Somerville in 2011 was 3,811 people. By 2016 the population was 4,134 showing a population growth of 8.5% in the area during that time. The predominant age group in Somerville is 40-49 years. Households in Somerville are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Somerville work in a trades occupation. In 2011, 58.6% of the homes in Somerville were owner-occupied compared with 59% in 2016.

Somerville has 1,808 properties. Over the last 5 years, Houses in Somerville have seen a 41.91% increase in median value, while Units have seen a 72.41% increase. As at 31 October 2024:

  • The median value for Houses in Somerville is $558,294 while the median value for Units is $318,418.
  • Houses have a median rent of $840 while Units have a median rent of $600.
There are currently 26 properties listed for sale, and 1 property listed for rent in Somerville on OnTheHouse. According to CoreLogic's data, 113 properties were sold in the past 12 months in Somerville.

Suburb Insights for Somerville 6430

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Levi Willcocks
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First National Real Estate Kalgoorlie
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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.