SOLD
RECENT ADVICE
Sold on 04 Dec 2023 for $302,500

5/324 Streich Avenue
Armadale WA 6112

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 73m2
Land area: 66m2
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Property Details for 5/324 Streich Ave, Armadale

5/324 Streich Ave, Armadale is a 3 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 66m2 and floor size of 73m2. While the property is not currently for sale or for rent, it was last sold in December 2023. There are other 3 bedroom House sold in Armadale in the last 12 months.

Building Type
House
Floor Size
73m2
Land Size
66m2
Local Government
Armadale
Lot/Plan
5/S010227

Last Listing description (December 2023)

If you're looking for a neat investment property then this tidy 2 bedroom unit could be just what you're looking for.

The home is situated at the back of a small unit complex which is extremely well located close to all amenities. This particular unit boasts a single undercover carport and there is a visitor carpark right next door. The home presents well for it's age and features renovated bathroom, kitchen and laundry. The backyard is what really sets this aside from anything similar though. Outside there is a backyard that is comparable in size to what you would get in a stand-alone house and it includes a great covered entertaining area and a handy shed for storage.

The property is currently tenanted until 08/08/2024 with a great tenant. Current rental amount is $300/wk and there is already an agreement in place to increase to $350/wk on 06/03/2024 and a further increase can be negotiated after September. Current rent appraisal is around $410/wk.

Please note that the advertised photos are from before the current tenant moved in. The property is still in the same condition but has had a split system air conditioned installed since. A recent walk through video is available upon request.

You definitely won't buy better at this price so call Steve on 0403 402 071 now to arrange a viewing.

Property History for 5/324 Streich Ave, Armadale, WA 6112

A timeline of how this property has performed in the market
Last Sold
$302,500
04 Dec 2023
Listed for Rent
$230/w
06 Feb 2020
  • 24 Nov 2023
    Sold for $302,500
  • 16 Nov 2023
    Listed for Sale Offers above $299,000
  • 15 Jan 2020
    Listed for Rent $230 / week
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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 7,225 properties. Over the last 5 years, Houses in Armadale have seen a 154.40% increase in median value, while Units have seen a 135.21% increase. As at 31 August 2024:

  • The median value for Houses in Armadale is $561,198 while the median value for Units is $450,014.
  • Houses have a median rent of $550 while Units have a median rent of $498.
There are currently 75 properties listed for sale, and 25 properties listed for rent in Armadale on OnTheHouse. According to CoreLogic's data, 576 properties were sold in the past 12 months in Armadale.

Suburb Insights for Armadale 6112

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Steve Veevers
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Professionals Armadale Real Estate
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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.