SOLD
Sold on 11 Sep 2024 for $480,000

5/24 Newport Way
Balga WA 6061

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 231m2
Land area: 231m2
Sold By
Ross Realty WA
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Property Details for 5/24 Newport Way, Balga

5/24 Newport Way, Balga is a 3 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1970. The property has a land size of 231m2 and floor size of 231m2. While the property is not currently for sale or for rent, it was last sold in September 2024. There are other 3 bedroom Unit sold in Balga in the last 12 months.

Building Type
Unit
Year Built
1970
Floor Size
231m2
Land Size
231m2
Local Government
Stirling
Lot/Plan
5/S052386

Last Listing description (November 2024)

Discover the perfect blend of comfort and convenience with this charming 3-bedroom, 1-bathroom townhouse situated in a secure, well-maintained complex. Currently rented at $530 per week.Ideal for first-time homebuyers, investors, or those looking to downsize, this property offers a peaceful retreat in a central location. The open-plan living and dining area is tastefully decorated, providing a welcoming space to relax or entertain. Natural light floods the room, creating a bright and airy atmosphere.The modern kitchen is equipped with plenty of cupboard space, a gas cooktop, and an electric oven, along with a convenient serving window that adds to the functionality and connection between the kitchen and living areas. All three bedrooms are generously sized, with the master bedroom featuring a private balcony-perfect for enjoying your morning coffee or unwinding in the evening. The spacious bathroom upstairs is well-appointed with modern fixtures and finishes. Outside, you'll find a private courtyard, an ideal spot for summer barbecues or simply relaxing outdoors, and a low-maintenance garden that allows for more leisure time on the weekends. This unit also includes a separate laundry with a convenient downstairs toilet, a garden shed for extra storage, and secure parking within the complex. The complex itself is completely secure, with remote-activated gates providing peace of mind, and it's surrounded by beautiful parklands, offering both tranquillity and accessibility. Key Features: - Open-plan living and dining area with abundant natural light - Modern kitchen with ample cupboard space, gas cooktop, and electric oven - Three generously sized bedrooms - Master bedroom with private balcony - Spacious, well-appointed bathroom- Private courtyard with low-maintenance garden - Separate laundry with downstairs toilet - Garden shed for additional storage - Secure parking within a gated complex - Remote-activated gates for added security - Surrounded by beautiful parklandsLocation: Located in the heart of Balga, this property is close to local shops, schools, public transport, and recreational facilities. With easy access to major roads, commuting to the city or exploring the surrounding suburbs is a breeze. Investment Potential: Whether you're looking for a new home or an investment opportunity, this property offers excellent potential. With a strong rental demand in the area, this unit is an attractive option for investors seeking a property with a reliable return.Don't Miss Out! Properties like this don't stay on the market for long. Contact us today to arrange a viewing and take the first step towards making 5/24 Newport Way your new home or investment.

Property History for 5/24 Newport Way, Balga, WA 6061

A timeline of how this property has performed in the market
Last Sold
$480,000
11 Sep 2024
Listed for Rent
$500/w
01 Mar 2024
  • 11 Sep 2024
    Sold for $480,000
  • 02 Sep 2024
    Listed for Sale Offers From $450K
  • 14 Feb 2024
    Listed for Rent $500 / 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 7,634 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 66 properties listed for sale, and 10 properties listed for rent in Balga on OnTheHouse. According to CoreLogic's data, 437 properties were sold in the past 12 months in Balga.

Suburb Insights for Balga 6061

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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.