SOLD
Sold on 27 Sep 2023 for $550,000

12 Felpham Street
Balga WA 6061

Bedrooms: 6
Bathrooms: 2
Car spaces: 2
Floor area: 191m2
Land area: 728m2
Sold By
The McMahon Real Estate Co
This property is currently on the market
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Property Details for 12 Felpham St, Balga

12 Felpham St, Balga is a 6 bedroom, 2 bathroom House with 2 parking spaces and was built in 1964. The property has a land size of 728m2 and floor size of 191m2.This Property is currently listed for sale with Key Performance Real Estate

Building Type
House
Year Built
1964
Floor Size
191m2
Land Size
728m2
Local Government
Stirling
Lot/Plan
457/P008690

Last Listing description (September 2024)

Sold in an "as is" condition.Whether you simply move in, renovate, retain and subdivide, or develop 2 or 3 brand new properties, the options are available for you to pursue now or in the future.This property, zoned R40 and subject to council approval (STCA), offers incredible development potential. Currently tenanted on a periodical basis and basis and generating a solid rental return, this property allows you to earn while you plan for future development.With 6 bedrooms, 2 bathrooms and 2 car bays with a living area of 191m2 on a block of 728sqm, it provides the opportunity to develop multiple units.However, it's important to consult with a local planning expert or council to understand how these changes specifically affect your property and what approvals are required. Existing Structure - Front lounge room with a fireplace. - Open plan kitchen, dining and living area with ceiling fans, leading to a rear verandah. - Master bedroom with ensuite and walk-in-robe. - Five generously sized minor bedrooms, two with built-in robes. - Front yard with a gazebo.Close to shops and public transport and centrally located between Malaga, Wangara and Osborne Park-three of Perth's major commercial and industrial hubs.As part of the New North concept, Balga is a rapidly evolving suburb just 13 kilometres north of Perth's CBD, known for its affordability and central location, makes it an attractive option for both investors and families alike.The property is in reasonable condition and further improvements have been made with the installation of (4) new reverse cycle split systems and extensive internal painting completed. Click 'Get in Touch' or 'Email Agent' for floor plan and strata information.Property Code: 1555

Property History for 12 Felpham St, Balga, WA 6061

A timeline of how this property has performed in the market
Last Sold
$550,000
27 Sep 2023
Listed for Rent
$365/w
04 Jan 2019
  • 03 Sep 2024
    Listed for Sale Above $799,000 - Home Open By Appointment Only
  • 27 Sep 2023
    Sold for $550,000
  • 06 Jul 2023
    Listed for Sale Not Disclosed
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About Balga 6061

The size of Balga is approximately 5.2 square kilometres. It has 38 parks covering nearly 14.5% of total area. The population of Balga in 2011 was 10,701 people. By 2016 the population was 12,698 showing a population growth of 18.7% in the area during that time. The predominant age group in Balga is 20-29 years. Households in Balga are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Balga work in a trades occupation. In 2011, 49.5% of the homes in Balga were owner-occupied compared with 50.6% in 2016.

Balga has 7,654 properties. Over the last 5 years, Houses in Balga have seen a 94.18% increase in median value, while Units have seen a 137.41% increase. As at 31 July 2024:

  • The median value for Houses in Balga is $559,602 while the median value for Units is $526,310.
  • Houses have a median rent of $550 while Units have a median rent of $550.
There are currently 54 properties listed for sale, and 16 properties listed for rent in Balga on OnTheHouse. According to CoreLogic's data, 473 properties were sold in the past 12 months in Balga.

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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.