40/212 Albany HighwayCentennial Park WA 6330
Property Details for 40/212 Albany Hwy, Centennial Park
40/212 Albany Hwy, Centennial Park is a 1 bedroom, 1 bathroom Unit with 1 parking spaces. While the property is not currently for sale or for rent, it was last sold in October 2024. There are other 1 bedroom Unit sold in Centennial Park in the last 12 months.
Last Listing description (October 2024)
Discover a hassle-free investment with this zoned tourist residential property. Currently under professional management, it offers excellent hands-off returns. For those seeking an alternative income stream, self-management is also an option.
This property embodies successful real estate investment, combining low risk with good returns. The furnished unit is located in a neat, well-managed complex, close to the CBD. Its inner-city location promises strong capital growth as the city expands.
Constructed of brick veneer, the 1 bedroom self contained unit is part of a well-managed strata complex, complete with its own car parking. The complex boasts an excellent strata company, ensuring smooth operations. The unit's design is light, bright, and airy, making it a desirable investment that will pay for itself over time.
Property History for 40/212 Albany Hwy, Centennial Park, WA 6330
- 04 Oct 2024Sold for $163,000
- 26 Jul 2024Listed for Sale $163,000
- 27 May 2014Sold for $346,500
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About Centennial Park 6330
The size of Centennial Park is approximately 2 square kilometres. It has 1 park covering nearly 28% of total area. The population of Centennial Park in 2011 was 568 people. By 2016 the population was 620 showing a population growth of 9.2% in the area during that time. The predominant age group in Centennial Park is 70-79 years. Households in Centennial Park are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Centennial Park work in a trades occupation. In 2011, 51% of the homes in Centennial Park were owner-occupied compared with 53.8% in 2016.
Centennial Park has 838 properties. Over the last 5 years, Houses in Centennial Park have seen a 62.59% increase in median value, while Units have seen a 22.27% increase. As at 31 October 2024:
- The median value for Houses in Centennial Park is $527,031 while the median value for Units is $258,742.
- Houses have a median rent of $380 while Units have a median rent of $450.
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