SOLD
Sold on 19 Apr 2024 for $530,000

2/21 Penrith Place
Balga WA 6061

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 96m2
Land area: 201m2
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Property Details for 2/21 Penrith Pl, Balga

2/21 Penrith Pl, Balga is a 3 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2011. The property has a land size of 201m2 and floor size of 96m2. While the property is not currently for sale or for rent, it was last sold in April 2024. There are other 3 bedroom Unit sold in Balga in the last 12 months.

Building Type
Unit
Year Built
2011
Floor Size
96m2
Land Size
201m2
Local Government
Stirling
Lot/Plan
2/S062696

Last Listing description (May 2024)

- UNDER OFFER -- Quality Villa - Rental Value over $31,000 per year - Welcome to this amazing villa in the heart of Balga, featuring 3 bedrooms, 2 bathrooms, lounge area, meals area, chefs kitchen, built in robes, storage, air-con, courtyard area, double auto garage. gas HWS, gas heating, NBN internet and NO Strata Fees. The property is centrally located to Balga Shopping area, Balga IGA, Balga Primary School, Balga High School, Princess Wallington Reserve, public transport plus easy access to Reid Hwy, Wanneroo Road, 20 minutes to Perth CBD, 15 minutes to Perth Airport, 10 minutes to Scarborough Beach and just 5 minutes to Reid Hwy. The property also represents an excellent investment opportunity with the current rent being $600 per week to good tenants that would love to stay. The current lease is valid until September 2024. You will need to be very fast to secure this property as the current Perth market has been very active over the past 12 months with massive growth reported across all suburbs. For more information or to request a private viewing, please contact Sam Zeedan at the office on 94954100 or mobile 0400515051.

Property History for 2/21 Penrith Pl, Balga, WA 6061

A timeline of how this property has performed in the market
Last Sold
$530,000
19 Apr 2024
Listed for Rent
$475/w
19 Apr 2023
  • 19 Apr 2024
    Sold for $530,000
  • 11 Apr 2024
    Listed for Sale From $499,000
  • 18 Apr 2023
    Listed for Rent $475 / week
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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 7,636 properties. Over the last 5 years, Houses in Balga have seen a 107.28% increase in median value, while Units have seen a 162.06% increase. As at 31 October 2024:

  • The median value for Houses in Balga is $599,121 while the median value for Units is $578,090.
  • Houses have a median rent of $580 while Units have a median rent of $595.
There are currently 68 properties listed for sale, and 12 properties listed for rent in Balga on OnTheHouse. According to CoreLogic's data, 436 properties were sold in the past 12 months in Balga.

Suburb Insights for Balga 6061

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Contact agent
Sam Zeedan
Show contact details
WA Real Estate Property Group
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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.