4 Garnett PlaceBalga WA 6061
Property Details for 4 Garnett Pl, Balga
4 Garnett Pl, Balga is a 4 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 728m2 and floor size of 81m2. While the property is not currently for sale or for rent, it was last sold in October 2023. There are other 4 bedroom House sold in Balga in the last 12 months.
Last Listing description (October 2023)
New Listing Alert! Discover your future investment opportunity at 4 Garnet Place, Balga. This charming and well-presented 4-bedroom, 1-bathroom home is not only a comfortable residence but also offers immense development potential. Nestled on a generous 728 sqm triplex block in a coveted R40 zone, this property is your gateway to a world of possibilities.
Key Features:
4 bedrooms with built-in robes
Spacious kitchen/dining area with ample cupboard space
High ceilings for an airy feel
Conveniently located near a park and playground
Close to schools, shops, and public transport
Only 12kms from the Perth CBD
The interior boasts fresh décor and beautiful jarrah floorboards, creating an inviting atmosphere that you'll love coming home to. With the flexibility of this R40 zoning, you have two enticing options:
1. Retain and Build: Explore the potential to retain the existing home and build at the rear of the property. Maximizing space and potential rental income!
2. Knock Down and Build: Consider the option of knocking down the current dwelling and constructing three units, unlocking even greater investment potential.
Investment Potential:
Rental returns of $580 per week - a comfortable income
Upside potential of up to $620 per week - maximize your returns
Whether you choose to live in this delightful home or make it an astute investment, the possibilities here are abundant.
Don't miss out on this fantastic opportunity! For more information and to arrange a viewing, contact John Tran at 0413 697 917. Act now and secure your future in the thriving suburb of Balga. Your investment journey begins here!
Disclaimer:
This information is provided for general information purposes only and is based on information provided by the Seller and may be subject to change. No warranty or representation is made as to its accuracy and interested parties should place no reliance on it and should make their own independent inquiries.
Property History for 4 Garnett Pl, Balga, WA 6061
- 16 Nov 2023Listed for Rent $520 / week
- 09 Oct 2023Sold for $550,000
- 03 Oct 2023Listed for Sale From $499,000
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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.
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