OFF MARKET

3/9 Gladstone Road
Armadale WA 6112

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 102m2
Land area: 204m2
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Last updated 11 Nov 2024
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Property Details for 3/9 Gladstone Rd, Armadale

3/9 Gladstone Rd, Armadale is a 3 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2013. The property has a land size of 204m2 and floor size of 102m2. While the property is not currently for sale or for rent, it was last sold in May 2021.

Building Type
Unit
Year Built
2013
Floor Size
102m2
Land Size
204m2
Local Government
Armadale
Lot/Plan
15/S059070

Last Listing description (August 2021)

If you are looking for a quality property that is a 3 bedroom x 2 bathroom, double lock up garage with a shoppers entrance that's superbly located in a quite complex, close to all major services in a growing community then look no further.

Whether it is simply to invest for today and prepare to downsize later in life or an immediate home to live now.
THE PROPERTY CURRENTLY HAS A LONG-TERM TENANT WISHING TO STAY.

Then this well-maintained, low maintenance property needs to be on your list. With a list of features that you would expect in a modern home in this area.
It just depends on your needs.

FOR THE INVESTOR LOOKING FOR THE EDGE IN PROPERTY INVESTMENT
This property is NRAS APPROVED and paying investor's on average a total gross figure of $422.74 pw over a year.
This property could take out all the pain of buying an investment property, with a quality long-term tenant well established and wanting to stay on.
The property at 3/9 Gladstone's exits the NRAS scheme as of the 10/02/2023

So, what is NRAS! - It is the National Rental Affordability Scheme.
Effectively, The Federal and State government provides investors a refundable tax offset incentive.
Currently (NRAS) approved properties are paying investor $11,270.59pa for the 20/21 - this figure is indexed to CPI.
So, the total average gross earnings from this property is currently = $422.74 pw
The tenant is currently paying $206 pw and the NRAS incentive is currently paying $216.74 pw averaged out over the year. = that's an average of $422.74 pw or approximately $21,982 for the year.

To find out more about what NRAS is (The National Rental Affordability Scheme) and what it could potential do for you please contact me on my mobile 0414 934 693 or e-mail me at will.trainer@canningtonnras.rh.com.au

Property History for 3/9 Gladstone Rd, Armadale, WA 6112

A timeline of how this property has performed in the market
Last Sold
$240,000
10 May 2021
Listed for Rent
$206/w
14 Aug 2019
  • 10 May 2021
    Sold for $240,000
  • 05 Feb 2021
    Listed for Sale $249,000
  • 29 Jul 2019
    Listed for Rent - Price not available
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About 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 7,226 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.
There are currently 80 properties listed for sale, and 25 properties listed for rent in Armadale on OnTheHouse. According to CoreLogic's data, 557 properties were sold in the past 12 months in Armadale.

Suburb Insights for Armadale 6112

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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.