SOLD
Sold on 14 Jun 2024 for $2,900,000

16 Penryn Avenue
City Beach WA 6015

Bedrooms: 3
Bathrooms: 3
Car spaces: 2
Floor area: 223m2
Land area: 1034m2
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Property Details for 16 Penryn Ave, City Beach

16 Penryn Ave, City Beach is a 3 bedroom, 3 bathroom House with 2 parking spaces and was built in 1979. The property has a land size of 1034m2 and floor size of 223m2. While the property is not currently for sale or for rent, it was last sold in June 2024. There are other 3 bedroom House sold in City Beach in the last 12 months.

Building Type
House
Year Built
1979
Floor Size
223m2
Land Size
1034m2
Local Government
Cambridge
Lot/Plan
214/P006892

Last Listing description (July 2024)

Hilltop Ocean View 1/4 AcreBig Original Home Footsteps to BeachShore | CountdownAbsolutely all offers presented by 5pm Wednesday June 12Seller reserves the right to sell prior. WILL BE SOLD.Only 250 homes exist, nestled in the dunes, oceanside of the highway in South City Beach. This residential precinct is the closest beach in Perth to the heart of Perth City and the St Georges Terrace engine room of the Western Australian economy and is cocooned against the shoreline by the wonderful interconnected green reserves of Swanbourne SAS Reserve, Cottesloe Golf Club, Bold Park Bush Reserve and the iconic network of City Beach oceanfront football ovals. There is daylight between the South City residential enclave and the next closest houses to the City Beach beachfront.On one of South City's highest hilltops, with sweeping ocean views from the South-West to the North & only 4 houses from the beach track. South City Beach had two waves of subdivision, the 1920's subdivision, at the Northern end which went from Oceanic Drive to Falmouth Avenue and largely consisted of blocks averaging 600sqm. The 1960's subdivision from Falmouth Ave to Launceston Ave at the Southern end, had blocks averaging 800sqm - 1000sqm. Falmouth Avenue is the closest South City location to the highly sought after Groyne and Cafe Precinct where you can have a large landholding. Next door is also available, enabling a 2010sqm (half-acre) estate, should you wish to buy both. Combined, these offer the only half acre estate in South City Beach and surely the biggest and most exciting landholding on the entire Perth coastline!Life is good here... Welcome to South City Beach*Next door is also available, enabling a 2010sqm (half-acre) estate, surely the biggest and most exciting landholding on the entire Perth coastline!Shore | CountdownAbsolutely all offers presented by 5pm Wednesday June 12 Seller reserves the right to sell prior. WILL BE SOLD.DISCLAIMER: Whilst every care has been taken with the preparation of the particulars contained in the information supplied and believed to be correct, neither the agent nor the seller nor servants of both, guarantee their accuracy. Interested persons are advised to make their own enquiries and satisfy themselves in all respects. The particulars contained are not intended to form part of any contract.

Property History for 16 Penryn Ave, City Beach, WA 6015

A timeline of how this property has performed in the market
Last Sold
$2,900,000
14 Jun 2024
  • 14 Jun 2024
    Sold for $2,900,000
  • 10 May 2024
    Listed for Sale Shore | Countdown

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About City Beach 6015

The size of City Beach is approximately 10 square kilometres. It has 27 parks covering nearly 54% of total area. The population of City Beach in 2011 was 6,356 people. By 2016 the population was 6,641 showing a population growth of 4.5% in the area during that time. The predominant age group in City Beach is 10-19 years. Households in City Beach are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in City Beach work in a professional occupation. In 2011, 79.9% of the homes in City Beach were owner-occupied compared with 80.6% in 2016.

City Beach has 2,512 properties. Over the last 5 years, Houses in City Beach have seen a 82.84% increase in median value, while Units have seen a 90.02% increase. As at 31 October 2024:

  • The median value for Houses in City Beach is $2,908,671 while the median value for Units is $1,638,250.
  • Houses have a median rent of $1,400 while Units have a median rent of $915.
There are currently 27 properties listed for sale, and 1 property listed for rent in City beach on OnTheHouse. According to CoreLogic's data, 89 properties were sold in the past 12 months in City beach.

Suburb Insights for City Beach 6015

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Scott Swingler
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Shore Property
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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.