SOLD
Sold on 06 Sep 2024 for $680,000

8 Cambell Road
Armadale WA 6112

Bedrooms: 4
Bathrooms: 1
Car spaces: 1
Floor area: 115m2
Land area: 941m2
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Property Details for 8 Cambell Rd, Armadale

8 Cambell Rd, Armadale is a 4 bedroom, 1 bathroom House with 1 parking spaces and was built in 1987. The property has a land size of 941m2 and floor size of 115m2. While the property is not currently for sale or for rent, it was last sold in September 2024. There are other 4 bedroom House sold in Armadale in the last 12 months.

Building Type
House
Year Built
1987
Floor Size
115m2
Land Size
941m2
Local Government
Armadale
Lot/Plan
103/P014755

Last Listing description (September 2024)

Home Open cancelled. Property is under contract now!

Discover the perfect investment at 8 Cambell St, Armadale! This property offers an exceptional opportunity with its generous 941 sqm corner block, can apply the higher zoning of R30 under Local Planning Scheme No. 4, allowing for a potential 3-lot subdivision. The most attractive feature? You can retain the existing house while subdividing a block with its own frontage (subject to WAPC approval; buyers are encouraged to conduct their own due diligence).

Property Features:

- Solid double brick 4 Bedrooms, 1 Bathroom, plus a second WC (Toilet) house:** This home features four spacious bedrooms, a well-laid-out kitchen, and two living areas, providing plenty of space for comfortable living.

- Large Entertainment habitable area: The property includes a massive 41 sqm of added habitable area-fully council approved. currently utilized as a rumpus/theatre room, offering versatility and the potential to convert it into a granny flat.

- Investment Potential: With existing tenants in place on a 12-month lease, paying $590 per week until June 15th, 2025, this property provides immediate rental income.

Please note that the spa is currently not operational, outdoor BBQ is not operational.

Location and Accessibility:

Located approximately 30 kilometers southeast of Perth's central business district, Armadale is easily accessible within a 30-minute drive via the Albany Highway, Kwinana Freeway, or Tonkin Highway. The suburb is also well-serviced by public transport, featuring frequent train services and bus routes connecting to the CBD.

Investment Potential:

Armadale's real estate market has experienced consistent growth in recent years, making it an attractive investment destination. The Western Australian government has plans to invest significantly in the areas infrastructure, including upgrades to the train station and improvements to the road networks. These enhancements are expected to further boost property values.

With its affordable housing options and a variety of amenities, Armadale is becoming increasingly popular among homebuyers and investors. The anticipated infrastructure developments make it a promising prospect for those looking to invest in Western Australia's property market.

Disclaimer:
Although diligence has been taken, this information is provided for introduction purposes only and is based on
information provided by the seller, and it may be subject to change. No warranty or
representation is made as to its accuracy and interested parties should inspect the property and do their own due diligence to verify the information.

Property History for 8 Cambell Rd, Armadale, WA 6112

A timeline of how this property has performed in the market
Last Sold
$680,000
06 Sep 2024
Listed for Rent
$500/w
17 Apr 2023
  • 06 Sep 2024
    Sold for $680,000
  • 16 Aug 2024
    Listed for Sale Not Disclosed
  • 23 May 2024
    Listed for Rent $590 / 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 7,226 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, 561 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.