SOLD
Sold on 27 Mar 2024 for $1,250,000

649 Canning Highway
Alfred Cove WA 6154

Bedrooms: 5
Bathrooms: 1
Car spaces: -
Floor area: 162m2
Land area: 1012m2
Sold By
Lee Smith
Bourkes
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Property Details for 649 Canning Hwy, Alfred Cove

649 Canning Hwy, Alfred Cove is a 5 bedroom, 1 bathroom House and was built in 1955. The property has a land size of 1012m2 and floor size of 162m2. While the property is not currently for sale or for rent, it was last sold in March 2024. There are other 5 bedroom House sold in Alfred Cove in the last 12 months.

Building Type
House
Year Built
1955
Floor Size
162m2
Land Size
1012m2
Local Government
Melville
Lot/Plan
29/P005215

Last Listing description (May 2024)

NEW PRICE - OFFERS FROM $1,290,000DUPLEX BLOCK WITH INVESTMENT POTENTIALIntroducing 649 Canning Highway, Alfred Cove, available exclusively through Bourkes Property. This 1950's, 5-bedroom, 1-bathroom green title property on a duplex block with multiple options is the one you've been waiting for. Conveniently located a short stroll away from shops, public transport & the Swan River, right across from the picturesque Tomkins Park and in one of Perth's most in demand riverside precincts, this one will not last!Here are just a few reasons why this unique property is so special:- 1,012m2 "North Facing" R20 duplex block (subject to WAPC approval)- Option for the owner to retain the front house (minus the garage) and build at the rear- Currently tenanted on a periodic lease at $350/week- Rent appraised on a single lease at $750/wk- For the savvy investor, there is the option to rent the rooms separately for a potential impressive rental income, i.e. five rooms at $300/wk each to students, a hypothetical $1,500/wk total return- Option for business owners to operate out of the existing house, with a change of use having been previously approved by council- Property includes air-conditioning, alarm system & network cabling from when previously used as an office- To be sold on an "As Is" basis & with an electrical safety certificateProperties with this many options do not last, so don't miss out on this exceptional opportunity.To book a private viewing or find out when the next home open is, contact Lee Smith at Bourkes Property today on 0447 843 345 or lee@bourkes.com.auCity of Melville | $1,696 p/aWater Corporation | $1,154 p/a

Property History for 649 Canning Hwy, Alfred Cove, WA 6154

A timeline of how this property has performed in the market
Last Sold
$1,250,000
27 Mar 2024
  • 27 Mar 2024
    Sold for $1,250,000
  • 30 Nov 2023
    Listed for Sale Not Disclosed
  • 08 Mar 2016
    Listed for Sale OFFERS ABOVE $899,000
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About Alfred Cove 6154

The size of Alfred Cove is approximately 1.1 square kilometres. It has 5 parks covering nearly 15.5% of total area. The population of Alfred Cove in 2011 was 2,304 people. By 2016 the population was 2,558 showing a population growth of 11.0% in the area during that time. The predominant age group in Alfred Cove is 40-49 years. Households in Alfred Cove are primarily couples with children and are likely to be repaying $3000 - $3999 per month on mortgage repayments. In general, people in Alfred Cove work in a professional occupation. In 2011, 76.2% of the homes in Alfred Cove were owner-occupied compared with 79.8% in 2016.

Alfred Cove has 1,433 properties. Over the last 5 years, Houses in Alfred Cove have seen a 76.31% increase in median value, while Units have seen a 91.66% increase. As at 31 October 2024:

  • The median value for Houses in Alfred Cove is $1,393,833 while the median value for Units is $857,480.
  • Houses have a median rent of $775 while Units have a median rent of $720.
There are currently 2 properties listed for sale, and 1 property listed for rent in Alfred cove on OnTheHouse. According to CoreLogic's data, 48 properties were sold in the past 12 months in Alfred cove.

Suburb Insights for Alfred Cove 6154

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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.