FOR SALE
BEST OFFER OVER $299,000

23/83 Phoenix Road
Spearwood WA 6163

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
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Affordable & Lucrative Investment Opportunity – Leased until 16/12/2025 @ $400 per week!!!

Unlike Most other Agencies, Team Trolio immediately extend a conjunctional invitation to all real estate agents from 1 Day 1 of the Marketing Campaign !
Price to Sell & Exceptional Value!
This immaculately maintained light and bright 2-bedroom renovated apartment offers astute buyers an outstanding and appealing rental yield of approximately 6.5%, coupled with a secure 12-month tenancy (approx.), making it an attractive opportunity with potential positive cash flow (subject to LVR & interest rates).
Prime Location with Low Vacancy Rates
Conveniently located within walking distance to:
Medical facilities
Spearwood and Phoenix Primary Schools
Phoenix Shopping Centre and Aldi
Multiple parks and transport links
This sought-after location ensures easy access to daily necessities and lifestyle amenities.
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Property Details for 23/83 Phoenix Rd, Spearwood

23/83 Phoenix Rd, Spearwood is a 2 bedroom, 1 bathroom Apartment with 1 parking spaces. The place is currently for sale with The Agency Perth.

Building Type
Apartment

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About Spearwood 6163

The size of Spearwood is approximately 6.1 square kilometres. It has 28 parks covering nearly 26.3% of total area. The population of Spearwood in 2011 was 9,097 people. By 2016 the population was 10,037 showing a population growth of 10.3% in the area during that time. The predominant age group in Spearwood is 40-49 years. Households in Spearwood are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Spearwood work in a trades occupation. In 2011, 68.6% of the homes in Spearwood were owner-occupied compared with 66.8% in 2016.

Spearwood has 6,070 properties. Over the last 5 years, Houses in Spearwood have seen a 104.03% increase in median value, while Units have seen a 91.96% increase. As at 31 October 2024:

  • The median value for Houses in Spearwood is $882,531 while the median value for Units is $477,179.
  • Houses have a median rent of $650 while Units have a median rent of $575.
There are currently 47 properties listed for sale, and 11 properties listed for rent in Spearwood on OnTheHouse. According to CoreLogic's data, 210 properties were sold in the past 12 months in Spearwood.

Suburb Insights for Spearwood 6163

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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.