SOLD
Sold on 18 Jan 2024 for $880,000

12/20 Sustainable Avenue
Bibra Lake WA 6163

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 294m2
Land area: 305m2
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Property Details for 12/20 Sustainable Ave, Bibra Lake

Building Type
Commercial
Year Built
2008
Floor Size
294m2
Land Size
305m2
Local Government
Cockburn
Lot/Plan
2/S050795

Last Listing description (February 2022)

Key features:
- Offices of 305sqm including work stations
- Additional mezzanine

- Roller door access at rear
- Energy efficient solar system (30KW)

Available for lease is this 305sqm office which includes desks, boardroom, amenities and well lit reception area. NBN is available as well as a mezzanine of 250sqm.

The owners will look at removing the partitions and converting the space to a showroom + warehouse for the right tenant so please contact me to arrange an inspection.

Estimated outgoings are $15,916* per annum plus GST (2019/2020)

*approx

Property History for 12/20 Sustainable Ave, Bibra Lake, WA 6163

A timeline of how this property has performed in the market
Last Sold
$880,000
18 Jan 2024
Listed for Rent
$585/w
11 Nov 2021
  • 18 Jan 2024
    Sold for $880,000
  • 09 Feb 2022
    Sold for $635,000
  • 09 Nov 2021
    Listed for Rent $30,500 / year
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About Bibra Lake 6163

The size of Bibra Lake is approximately 12.8 square kilometres. It has 19 parks covering nearly 32.9% of total area. The population of Bibra Lake in 2011 was 5,954 people. By 2016 the population was 5,890 showing a population decline of 1.1% in the area during that time. The predominant age group in Bibra Lake is 50-59 years. Households in Bibra Lake are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Bibra Lake work in a professional occupation. In 2011, 82.9% of the homes in Bibra Lake were owner-occupied compared with 81.4% in 2016.

Bibra Lake has 4,028 properties. Over the last 5 years, Houses in Bibra Lake have seen a 86.22% increase in median value, while Units have seen a 45.57% increase. As at 31 July 2024:

  • The median value for Houses in Bibra Lake is $866,711 while the median value for Units is $385,275.
  • Houses have a median rent of $675 while Units have a median rent of $410.
There are currently 13 properties listed for sale, and 3 properties listed for rent in Bibra lake on OnTheHouse. According to CoreLogic's data, 134 properties were sold in the past 12 months in Bibra lake.

Suburb Insights for Bibra Lake 6163

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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.