SOLD
Sold on 18 Dec 2023 for $360,000

43 Newport Way
Balga WA 6061

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 72m2
Land area: 265m2
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Property Details for 43 Newport Way, Balga

43 Newport Way, Balga is a 2 bedroom, 1 bathroom House and was built in 1970. The property has a land size of 265m2 and floor size of 72m2. While the property is not currently for sale or for rent, it was last sold in December 2023. There are other 2 bedroom House sold in Balga in the last 12 months.

Building Type
House
Year Built
1970
Floor Size
72m2
Land Size
265m2
Local Government
Stirling
Lot/Plan
1/S066329

Last Listing description (February 2024)

sold with multiple offers.. similar stock wanted In this super tight market, here is a rare opportunity to secure a great little property that has vacant possession The Property- 2 bedrooms- 1 bathroom- Large living area- New paint to most of the property- New blinds- Wooden floorboards- Gas cooking- Front survey-strata home (NO STRATA LEVIES)- Generous rear courtyard- Quiet street close to local schools (primary and high schools)The Opportunity- Available now for buyers wanting to move in- Stop renting and paying someone else's mortgage- A great chance to enter the property market at an affordable priceInvestors- This property will provide a rental return in the region of $460 - $480 per week- Rental vacancy rates are the lowest in Perth since records began (0.7%)- Snap this one up now and select a quality tenant from our database of pre-qualified tenants who will be ready to move in from settlementYou MUST act quickly if you want to secure this property! Call David Snell on 0400 827 800 today, or SMS 0437 806 586 with your email address to receive an info pack and provisional offer form.

Property History for 43 Newport Way, Balga, WA 6061

A timeline of how this property has performed in the market
Last Sold
$360,000
18 Dec 2023
Listed for Rent
$275/w
03 Aug 2016
  • 18 Dec 2023
    Sold for $360,000
  • 13 Dec 2023
    Listed for Sale $299,000 - $349,000
  • 01 Jul 2016
    Listed for Rent $275 / 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 7,657 properties. Over the last 5 years, Houses in Balga have seen a 101.98% increase in median value, while Units have seen a 150.28% increase. As at 31 August 2024:

  • The median value for Houses in Balga is $574,336 while the median value for Units is $546,762.
  • Houses have a median rent of $560 while Units have a median rent of $563.
There are currently 70 properties listed for sale, and 14 properties listed for rent in Balga on OnTheHouse. According to CoreLogic's data, 456 properties were sold in the past 12 months in Balga.

Suburb Insights for Balga 6061

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Contact agent
David Snell
Show contact details
Donna Jackson
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One Agency North
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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.