69/113 Owtram RoadArmadale WA 6112
Property Details for 69/113 Owtram Rd, Armadale
69/113 Owtram Rd, Armadale is a 3 bedroom, 1 bathroom Townhouse with 2 parking spaces and was built in 2015. The property has a land size of 272m2 and floor size of 118m2. While the property is not currently for sale or for rent, it was last sold in February 2023.
Last Listing description (December 2019)
Once in a lifetime opportunity here to secure 22 superb villas in the best pocket of the Armadale foothills! Built in 2015 by the current owners ,the villas are larger than the majority of the competition in the area and offer a mix of 2 and 3 bedroom villas boasting high quality fixtures and fittings with large living areas, generous block sizes and in a super central location minutes from both Armadale and Kelmscott CBD and super close to Armadale Hospital.All 22 of the villas are leased and managed by O'Neil Real Estate and have always been hugely sought after by tenants with properties leased between $260 - $290/week ( Income and Expenditure Statements available for every unit)A super versatile investment opportunity with each villa individually strata titled enabling them to be sold individually should the need arise. The units collectively rent for approx $312,000/year The breakdown of the villas is below - 17 Three Bedrooms One Bathroom ( 2 toilets ) with two living areas - 5 Two Bedrooms Two Bathroom ( 2 toilets ) with one large living area.Massive group discount has been applied (average $195,000 ) to the villas and expecting substantial interest.Be quick to register your interest and request an Information Memorandum.Con Mathews on 0402 235 535
Property History for 69/113 Owtram Rd, Armadale, WA 6112
- 11 Feb 2023Sold for $319,000
- 19 Nov 2019Sold
- 16 Nov 2019Listed for Sale $195,000
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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 148.53% increase in median value, while Units have seen a 119.92% increase. As at 31 July 2024:
- The median value for Houses in Armadale is $553,097 while the median value for Units is $433,745.
- Houses have a median rent of $550 while Units have a median rent of $490.
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