OFF MARKET

3 Hunston Street
Balcatta WA 6021

Bedrooms: 5
Bathrooms: 2
Car spaces: 4
Floor area: 105m2
Land area: 900m2
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Property Details for 3 Hunston St, Balcatta

3 Hunston St, Balcatta is a 5 bedroom, 2 bathroom Unit with 4 parking spaces and was built in 1976. The property has a land size of 900m2 and floor size of 105m2. While the property is not currently for sale or for rent, it was last sold in December 2022.

Building Type
Unit
Year Built
1976
Floor Size
105m2
Land Size
900m2
Local Government
Stirling
Lot/Plan
95/D082972

Last Listing description (October 2024)

Large Multi-site Development block (STCA) with TWO Separate Investment Houses to rent out in the meantime!

If you're looking for a fabulous block to subdivide and develop OR retain and build and, in the meantime, you also want to reap the rewards of today's booming rental market before demolition, this is the one for you!

Conveniently situated in one of the most family friendly suburbs within 10Km of Perth CBD, with everything this attractive location has to offer in terms of proximity to: public transport into Perth CBD, access to shops, schools, parks, Mitchell Freeway / Reid Highway AND live just 20 mins to Perth Airport for FIFOs, this could be the opportunity you've been waiting for!

Call TODAY to register your interest so you don't miss out.

With this combination of subdivision potential PLUS outstanding rental income from TWO houses it's a no-brainer!

THE FACTS:
Block: 900sqm / R40 site attractively elevated from the road facing East/West to maximise natural sunlight in the new builds.
Potential City views from a second storey dwelling.

Main House:
Original 3 x 1 house in rentable condition with decent sized living area, bathroom with bath tub, separate shower and single vanity, separate Kitchen with built in meals area and a separate Laundry

Rear House:
2 x 1 house in rentable condition with good sized living area, bathroom with bath tub and single vanity plus a separate Kitchen.

FIVE OPPORTUNITIES to MAKE MONEY!!!!
1. SUBDIVIDE & DEVELOP the block and cash in on today's booming market. In this location, being within WALKING distance to local shops, buses into the City and parks, you'll sell the new units for TOP DOLLAR!
2. SUBDIVIDE now, but don't build, and cash in with EVEN HIGHER SALES RETURNS by selling off each new lot separately
3. RENT OUT BOTH houses immediately and MAXIMISE cashing in now as well as later when you subdivide!
4. OCCUPY the Main House yourself and rent out the rear house to earn yourself PASSIVE INCOME in this BOOMING rental market. Then subdivide later down the track and cash in then as well
5. RETAIN one or both current houses and build at the back

This versatile property won't last long!

CONVENIENT LOCATION:
EVERYTHING you need is right here at your doorstep: SHOPS, BUSES, SCHOOLS, PARKS, CAFES AND FREEWAY/HIGHWAY!

200m Buses on Wanneroo Rd into City
300m Northlands Shopping Mall (Coles Supermarket)
600 Rickman Reserve
900m Takari Primary School
1.5K Balcatta Primary
2.5Km Balcatta Senior High School
5.6K Yokine Shopping Centre
5.8Km Westfield Shopping Centre Innaloo
7Km Karrinyup Shopping Centre

1.3Km Reid Highway to Perth Airport
3Km Mitchell Freeway
10Km Perth CBD

LIKE WHAT YOU SEE?
Call Brian McKiernan TODAY and register your interest so you don't miss out!

Disclaimer: The information provided here has been prepared with care, however it is subject to change and cannot form part of any offer or contract. Whilst all reasonable care has been taken in preparing this information, the seller or their representative or agent cannot be held responsible for any inaccuracies. Interested parties are advised to make their own independent enquiries.

Property History for 3 Hunston St, Balcatta, WA 6021

A timeline of how this property has performed in the market
Last Sold
$800,000
23 Dec 2022
  • 28 Aug 2024
    Listed for Sale SOLD CASH
  • 22 Aug 2024
    Sold for $1,000,000
  • 23 Dec 2022
    Sold for $800,000
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About Balcatta 6021

The size of Balcatta is approximately 7.1 square kilometres. It has 28 parks covering nearly 10.2% of total area. The population of Balcatta in 2011 was 9,990 people. By 2016 the population was 10,369 showing a population growth of 3.8% in the area during that time. The predominant age group in Balcatta is 30-39 years. Households in Balcatta are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Balcatta work in a professional occupation. In 2011, 63.2% of the homes in Balcatta were owner-occupied compared with 63.8% in 2016.

Balcatta has 6,631 properties. Over the last 5 years, Houses in Balcatta have seen a 80.08% increase in median value, while Units have seen a 112.71% increase. As at 30 September 2024:

  • The median value for Houses in Balcatta is $848,168 while the median value for Units is $672,128.
  • Houses have a median rent of $690 while Units have a median rent of $600.
There are currently 40 properties listed for sale, and 7 properties listed for rent in Balcatta on OnTheHouse. According to CoreLogic's data, 267 properties were sold in the past 12 months in Balcatta.

Suburb Insights for Balcatta 6021

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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.