SOLD
Sold on 22 Mar 2024 for $700,000

1/16 Wallace Street
Belmont WA 6104

Bedrooms: 5
Bathrooms: 2
Car spaces: 2
Floor area: 155m2
Land area: 281m2
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Property Details for 1/16 Wallace St, Belmont

1/16 Wallace St, Belmont is a 5 bedroom, 2 bathroom Townhouse with 2 parking spaces and was built in 2014. The property has a land size of 281m2 and floor size of 155m2. While the property is not currently for sale or for rent, it was last sold in March 2024. There are other 5 bedroom Townhouse sold in Belmont in the last 12 months.

Building Type
Townhouse
Year Built
2014
Floor Size
155m2
Land Size
281m2
Local Government
Belmont
Lot/Plan
1/S069395

Last Listing description (August 2024)

Welcome to your perfect oasis nestled in the heart of Belmont.

This 2014-Built stunning 5-bedroom, 2-bathroom townhouse is an absolute gem, boasting convenience, comfort, and charm.

Key Features:

**Prime Location**

Situated just steps away from the lush greenery of Centenary Park, and within easy reach of shopping centres, schools, transportation hubs, and essential amenities, this residence offers the epitome of convenient living.

**Attractive Investment Opportunity**

Investors take note! This townhouse presents a lucrative opportunity for those seeking to expand their property portfolio, in Perth's dynamic rental market.
With an estimated weekly rental of up to Approx. $850, an astute investor can be earning up to Approx. $44,200 p.a. from this gem.

**Bright Layout**

Bask in the natural light that floods through the expansive windows and balcony, illuminating the bright and airy layout of this residence, creating an inviting atmosphere for all.

**Two Living Areas**

With two good sized living areas, there's plenty of room for relaxation, entertaining, or simply enjoying quality time with family and friends.

**Evaporative Cooling Air Conditioning**

Stay cool and comfortable all year round with the modern evaporative cooling air conditioning system, ensuring a pleasant ambiance during the hot summers.

**Cosy Carpeted Bedrooms With Built-In Waredrobes**

Retreat to the cosy embrace of carpeted bedrooms, providing warmth and comfort, ideal for relaxation and rejuvenation after a long day. The built-in drobes have sufficient space for your clothes and belongings, which will help you keep your bedrooms neat and tidy.

**Lock and Leave Convenience**

Perfect for fly-in-fly-out professionals or those with busy lifestyles, this townhouse offers a secure lock-and-leave solution for peace of mind while you're away.

**Close Proximity to Perth Airport**

Enjoy easy access to Perth Airport, making travel a breeze for both work and leisure.

**Spacious Patio and Balcony**

Entertain guests or simply unwind in the spacious patio area or on the charming balcony with green views, perfect for enjoying the beautiful mornings and evenings alike.

Don't miss out on the chance to make this exquisite townhouse your own. Contact Saleh today to make it yours!

Don't delay because this one will be SOLD in NO TIME.

Outgoings:

* Strata Reserve Fund (For General Maintenance of common space): $40 per month

* Strata Insurance: Approximately $1,208 P.A.

* Council Rates: Approx. $1,960 P.A.

* Water Rates: Approx. $1,325 P.A.

** We have obtained all information in this document from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations. **

Property History for 1/16 Wallace St, Belmont, WA 6104

A timeline of how this property has performed in the market
Last Sold
$700,000
22 Mar 2024
Listed for Rent
$500/w
01 Sep 2021
  • 22 Mar 2024
    Sold for $700,000
  • 18 Mar 2024
    Listed for Sale Not Disclosed
  • 24 Aug 2022
    Sold for $525,000
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About Belmont 6104

The size of Belmont is approximately 4.4 square kilometres. It has 10 parks covering nearly 4.4% of total area. The population of Belmont in 2011 was 6,264 people. By 2016 the population was 6,784 showing a population growth of 8.3% in the area during that time. The predominant age group in Belmont is 20-29 years. Households in Belmont are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Belmont work in a trades occupation. In 2011, 54.4% of the homes in Belmont were owner-occupied compared with 54.4% in 2016.

Belmont has 4,434 properties. Over the last 5 years, Houses in Belmont have seen a 86.87% increase in median value, while Units have seen a 106.14% increase. As at 31 January 2025:

  • The median value for Houses in Belmont is $794,454 while the median value for Units is $565,988.
  • Houses have a median rent of $650 while Units have a median rent of $620.
There are currently 22 properties listed for sale, and 9 properties listed for rent in Belmont on OnTheHouse. According to CoreLogic's data, 248 properties were sold in the past 12 months in Belmont.

Suburb Insights for Belmont 6104

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Show contact details
LJ Hooker Victoria Park | Belmont (WA)
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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.