94A Owtram RoadArmadale WA 6112
Property Details for 94a Owtram Rd, Armadale
94a Owtram Rd, Armadale is a 3 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2013. The property has a land size of 218m2 and floor size of 122m2.
Last Listing description (May 2020)
Don't miss this exciting opportunity to secure one of these gorgeous 3-bedroom, 2-bathroom modern homes, located in a tidy and well-maintained complex only 4 properties. Modern, stylish and well-kept these properties are ready for you to invest in your financial future.
Each of these two homes has individual floor plans and well thought out designs that will suit a variety of tenancies including singles, couples, retirees and families, as they all offer great lifestyle choices.
Wood look flooring and stainless-steel appliances give these properties a modern, chic appeal both indoors and out. All whilst maintaining a pragmatic, easy care approach that will take all the fuss out of the investment opportunity.
Currently tenanted under the desirable NRAS scheme, these homes were built with flexibility in mind. As the new owner, you will be able to decide if you want to keep the property rented out within the scheme or withdraw and have them privately tenanted; or you, your friends or friends can move in in the future if you're looking for a place to call home.
Located close to the train station/bus services and only a short drive to the heart of Armadale with its many shopping outlets, cinema complex and restaurants. The properties are close to local shops, Armadale Shopping Centre, local gyms and sporting facilities, and both primary and secondary schools. The convenience and location of these homes are ideal. Act fast!
Property features include:
- Spacious kitchens with ample cupboard space
- Gas stainless steel appliances
- Main bedrooms with walk in robe and en-suite
- Open plan living and lounge areas
- Close to transport and schools
- Small private courtyards, perfect for entertaining
- Double lock up garages
Under the NRAS scheme, investors can enjoy receiving the yearly rent plus generous government incentives. NRAS Rental commencement date 11/2011.
*As approved and depending on individual financial circumstances.
Investors can gain from the benefit of generous rental yields and potential capital gains of dwellings built under the Scheme. The National Rental Affordability Scheme (NRAS) is a joint Australian and WA Government initiative which aims to increase the supply of affordable rental dwellings in WA.
Further information can be found at
https://www.dss.gov.au/housing-support/programs-services/housing/national-rental-affordability-scheme/nras-investors#01
Property History for 94a Owtram Rd, Armadale, WA 6112
- 10 Jan 2020Listed for Sale From $199,000
- 16 Feb 2018Listed for Sale $1,200,000
- 18 Aug 2017Listed 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 7,229 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.
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