SOLD
RECENT ADVICE
Sold on 14 May 2024 for $225,000

5/1 Steel Place
Boulder WA 6432

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Land area: 250m2
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Property Details for 5/1 Steel Pl, Boulder

5/1 Steel Pl, Boulder is a 3 bedroom, 1 bathroom Unit with 1 parking spaces. The property has a land size of 250m2. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 3 bedroom Unit sold in Boulder in the last 12 months.

Building Type
Unit
Land Size
250m2

Last Listing description (May 2024)

Run don’t walk!

New to the market is this well-maintained brick 3 bedroom, 1 bathroom unit offering a remarkable gross rental yield of over 10%. Current rented for $450 per week with the option to increase to $475.00 after June 2024, this property not only promises a steady income but also a stable investment.

First home owners don’t be discouraged either with this affordable unit making the perfect option to get your foot into the competitive Kalgoorlie-Boulder market. Lease expires in June 2024.

Key Features:
- 3 Bedrooms with built in robes
- 1 bathroom with shower and bathtub separate
- Good sized kitchen
- Open plan living, dining & kitchen
- One allocated carport space
- 2 Garden Sheds
- Split system air conditioning in living area
- Evaporative air conditioning throughout

Have a look at the investment figures:
- Currently leased at $450 per week
- Updated rental appraisal $475 per week
- Over 9% gross rental yield
- Council rates $1,991.16pa
- Strata levy $730.80 pq (incl. sinking fund)
- Water rates $275.72 pa

The strata fees will pay for the building insurance, common gardening, common area repairs, gutters and downpipes and pest/vermin control as well as putting away money in a sinking fund for future repairs. Rest assured this is a well-managed complex.

This is a property that is sure not too last, speed dial Iris Haynes on 0420 471 461 to secure your viewing today.

Council rates: $1,991.16pa
Strata levy: $730.80pq
Water rates: $275.72pa

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Property History for 5/1 Steel Pl, Boulder, WA 6432

A timeline of how this property has performed in the market
Last Sold
$225,000
14 May 2024
Listed for Rent
$430/w
02 Dec 2022
  • 27 Apr 2024
    Sold for $225,000
  • 08 Apr 2024
    Listed for Sale $235,000
  • 27 Oct 2022
    Listed for Rent - Price not available
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About Boulder 6432

The size of Boulder is approximately 4.3 square kilometres. It has 7 parks covering nearly 8.4% of total area. The population of Boulder in 2011 was 5,358 people. By 2016 the population was 4,815 showing a population decline of 10.1% in the area during that time. The predominant age group in Boulder is 0-9 years. Households in Boulder are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Boulder work in a machinery operators and drivers occupation. In 2011, 61.2% of the homes in Boulder were owner-occupied compared with 60.4% in 2016.

Boulder has 2,626 properties. Over the last 5 years, Houses in Boulder have seen a 90.94% increase in median value, while Units have seen a 58.94% increase. As at 30 November 2024:

  • The median value for Houses in Boulder is $303,413 while the median value for Units is $248,742.
  • Houses have a median rent of $550 while Units have a median rent of $450.
There are currently 26 properties listed for sale, and 14 properties listed for rent in Boulder on OnTheHouse. According to CoreLogic's data, 149 properties were sold in the past 12 months in Boulder.

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Chris Hoycard
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Iris Haynes
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John Matthew & Sons
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