29 Stepney RoadArmadale WA 6112
Property Details for 29 Stepney Rd, Armadale
29 Stepney Rd, Armadale is a 3 bedroom, 3 bathroom House with 1 parking spaces. The property has a land size of 325m2. While the property is not currently for sale or for rent, it was last sold in March 2024. There are other 3 bedroom House sold in Armadale in the last 12 months.
Last Listing description (August 2024)
NDIS-SDA properties are hard to find and this package is a stand-out.
Located in The City of Armadale Council 35 km South-East of Perth, WA, Armadale is away from the hustle and bustle of the city without having to compromise on life's essentials.
Location
Nestled in the heart of Western Australia, Armadale offers a unique blend of urban convenience and natural beauty. Surrounded by lush parks and the picturesque landscape of the Darling Range, it provides a serene yet vibrant lifestyle for its residents. With easy access to major roadways like the South Western Highway and the Tonkin Highway, commuting to the thriving Armadale employment hub and Perth's city center is a breeze. Located just a short drive from Perth, Armadale offers the perfect balance of a peaceful suburban lifestyle while maintaining close proximity to urban amenities. Its strategic location ensures convenience in travel, with Perth Airport within reach. Discover the best of both worlds in Armadale, where urban living harmonizes with the scenic beauty of Western Australia's Darling Range.
About the Property
- House and land package - 2-part land and build contracts
- Land area is 325sqm and is registered
- Home is 3.3.1 | 2P + OOA
- Full turnkey.
- Fast build times
The Market
Median house price
2023 - $340K
1 Year growth rate: 13.9%
5 Year growth rate: 6.8%
Vacancy rate - 0.7%
Rental population - 33%
The Key Numbers
As of July 2023 the SDA pricing increased, this includes High Physical Support, Improved Liveability, and Robust. For an in-depth explanation of the new pricing, talk to our sales team.
Improved Liveability
SDA Income - $70,995 per participant
MRRC - $11,000 per participant
Location Factor - 1.06
Potential Total Income | $172,509
Potential Yield - 22.9%
*Please note that these numbers are based on 2 participants only. Numbers may vary.
Ready to get started?
Get in touch. You can secure this property with just a $2,000 initial deposit. Make your move soon though as this is going to sell quickly.
Disclaimer
We have in preparing this information used our best endeavours to ensure the information that has been provided is true and accurate. The images and renders provided in this listing by the builder are for illustrative purposes only. They may contain fixtures, furniture or finishing not available for this design. Clients need to refer to the building contract for specific details on specifications and inclusions specific to any property. Specifications and inclusions are subject to change over time. Meridien Group does not accept any responsibility for variations to specifications and inclusions made by the builder. Financial information is an estimate only and is not warranted or guaranteed. Refer to investment reports for specific details.
Property History for 29 Stepney Rd, Armadale, WA 6112
- 14 Aug 2024Listed for Sale NDIS-SDA Home | $749k
- 26 Mar 2024Sold for $232,000
- 20 Jul 2023Sold for $110,000
Commute Calculator
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0About Armadale 6112
The size of Armadale is approximately 8.3 square kilometres. It has 38 parks covering nearly 8.1% of total area. The population of Armadale in 2011 was 12,853 people. By 2016 the population was 13,607 showing a population growth of 5.9% in the area during that time. The predominant age group in Armadale is 20-29 years. Households in Armadale are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Armadale work in a trades occupation. In 2011, 57.3% of the homes in Armadale were owner-occupied compared with 54.8% in 2016.
Armadale has 7,230 properties. Over the last 5 years, Houses in Armadale have seen a 170.70% increase in median value, while Units have seen a 147.73% increase. As at 31 October 2024:
- The median value for Houses in Armadale is $578,291 while the median value for Units is $434,163.
- Houses have a median rent of $560 while Units have a median rent of $513.
Suburb Insights for Armadale 6112
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