7 Mornington StreetArmadale WA 6112
Property Details for 7 Mornington St, Armadale
7 Mornington St, Armadale is a 4 bedroom, 1 bathroom House with 1 parking spaces and was built in 1975. The property has a land size of 768m2 and floor size of 124m2. While the property is not currently for sale or for rent, it was last sold in November 2023.
Last Listing description (January 2024)
Seize the opportunity to elevate your investment portfolio with this strategically positioned property. Offering a rare combination of space and potential, this 4-bedroom, 1-bathroom gem on a sprawling 768 sqm block promises both immediate returns and substantial long-term growth.Key Features:"? Four Bedrooms: Optimize rental income with a property appealing to families or professionals.""?? One Bathroom: Balancing convenience and functionality for modern living.""?? One Garage: A sought-after amenity providing secure parking for tenants.""?? 768 sqm Block: Explore the potential for future development or subdivision, ensuring your investment appreciates over time."Currently generating steady income with a lease in place, this property is leased at $420 per week, providing immediate returns for the savvy investor. The current lease provides stability until 19/01/2024Don't miss out on this prime investment! Schedule a viewing now to witness the potential firsthand. Contact [Your Name/Agency] at [Your Contact Information] and take the first step towards securing a lucrative investment with both immediate and long-term gains.
Property History for 7 Mornington St, Armadale, WA 6112
- 17 Nov 2023Listed for Sale Not Disclosed
- 17 Nov 2023Sold for $460,000
- 26 Nov 2021Listed 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 7,241 properties. Over the last 5 years, Houses in Armadale have seen a 179.00% increase in median value, while Units have seen a 197.81% increase. As at 31 December 2024:
- The median value for Houses in Armadale is $587,029 while the median value for Units is $498,446.
- Houses have a median rent of $570 while Units have a median rent of $520.
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