SOLD
Sold on 04 Oct 2023 for $616,000

5/34 Margaret Street
Cottesloe WA 6011

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 72m2
Land area: 77m2
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Property Details for 5/34 Margaret St, Cottesloe

5/34 Margaret St, Cottesloe is a 2 bedroom, 1 bathroom Unit and was built in 1965. The property has a land size of 77m2 and floor size of 72m2. While the property is not currently for sale or for rent, it was last sold in October 2023. There are other 2 bedroom Unit sold in Cottesloe in the last 12 months.

Building Type
Unit
Year Built
1965
Floor Size
72m2
Land Size
77m2
Local Government
Cottesloe
Lot/Plan
5/S014835

Last Listing description (December 2023)

Beautifully located only a stones throw from the wonderful Cottesloe Beach, northern section. A 'premiere' position you will love and enjoy right between Marine Parade and Ozone Parade (sneak through via Vera View Parade). Double access from both Margaret Street and Ozone Parade. Pop down to Vera View dog beach with the fur-babies for a fun-filled family day in the sun.

Walk to the beach, shops cafs and our beloved O.B.H! To die for location.

A two bedroom unit, with front facing north, being a perfect lock up and leave or downsizer. Includes built-in robes in both bedrooms...the main being very generous in size.,..a modern bright kitchen and bathroom, combined with laundry fully ready "as is" clean and well prsented. Inclusions can be ... refrigerator, microwave and washing machine should you desire those items.. Now vacant and ready for quick occupation or renting out ... you choose. Last sales on this mid level have been in the $600ks range....as a price guide.

n.b., best parking access is from the other side (eastern) via Ozone Parade.

Outgoings:
Council Rates: $1,699 approx. p.a.
Water Rates: $1,224 approx. p.a.
. Strata Fees are Admin $788.80 p qtr + Reserve Fund 10 Yr Maint Plan $402 p qtr = total $1190.80 p qtr.

Contact Jeff Wright on 0418 907 111 or Jeff@wrightre.com.au to find out more.

Note: advertising images are for illustration purposes only, the property is vacant.

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Property History for 5/34 Margaret St, Cottesloe, WA 6011

A timeline of how this property has performed in the market
Last Sold
$616,000
04 Oct 2023
Listed for Rent
$640/w
07 Oct 2023
  • 04 Oct 2023
    Sold for $616,000
  • 19 Sep 2023
    Listed for Rent $640 / week
  • 20 Jun 2023
    Listed for Sale ALL OFFERS PRESENTED
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About Cottesloe 6011

The size of Cottesloe is approximately 3.9 square kilometres. It has 11 parks covering nearly 21.9% of total area. The population of Cottesloe in 2011 was 7,399 people. By 2016 the population was 7,389 showing a population decline of 0.1% in the area during that time. The predominant age group in Cottesloe is 50-59 years. Households in Cottesloe are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Cottesloe work in a professional occupation. In 2011, 65.8% of the homes in Cottesloe were owner-occupied compared with 68.6% in 2016.

Cottesloe has 4,063 properties. Over the last 5 years, Houses in Cottesloe have seen a 77.14% increase in median value, while Units have seen a 69.28% increase. As at 31 July 2024:

  • The median value for Houses in Cottesloe is $3,149,738 while the median value for Units is $1,135,208.
  • Houses have a median rent of $1,400 while Units have a median rent of $700.
There are currently 18 properties listed for sale, and 2 properties listed for rent in Cottesloe on OnTheHouse. According to CoreLogic's data, 149 properties were sold in the past 12 months in Cottesloe.

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Jeff Wright
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Kodie Belcastro
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