23 Lyndhurst CrescentFerndale WA 6148
Property Details for 23 Lyndhurst Cres, Ferndale
23 Lyndhurst Cres, Ferndale is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1982. The property has a land size of 726m2 and floor size of 173m2. While the property is not currently for sale or for rent, it was last sold in November 2022.
Last Listing description (January 2023)
Priced below valuation to clear. Tenanted until June 23rd next year at $500 per week, this is a great opportunity. Ferndale is still growing in value. With the nearby high school undergoing a Multi million dollar building program, this suburb continues to boom.
This big recently renovated 3-4 bedroom, 1.5 bathroom family home features multiple big open living areas, as well as a big alfresco, beautifully renovated kitchen and wet areas, as well as generous bedrooms, and a 4th bedroom / study.
Returning $26,000 per year gross. With a 20% deposit this is a 5.66% return on investment, before the current 6.6% capital growth. Where can you get a return of 12.26%? Over the past 3 years, Ferndale has averaged 8.9% compounding capital growth. If you are looking to invest and can't, see this as an amazing buy opportunity, you are crazy.
726 sqm elevated block
3-4 bedrooms
Two 3 big open living areas
Recently renovated
Lovely kitchen
Lovely bathroom
Big bedrooms
Heaps of storage
Big alfresco
Fenced BG Pool
Lock up garage
The content herein does not constitute financial advice, please seek qualified independent advice before investing.
Property History for 23 Lyndhurst Cres, Ferndale, WA 6148
- 20 Nov 2022Sold for $580,000
- 10 Nov 2022Listed for Sale $575,000
- 12 May 2021Listed for Rent $490 / week
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About Ferndale 6148
The size of Ferndale is approximately 3.3 square kilometres. It has 10 parks covering nearly 50.4% of total area. The population of Ferndale in 2011 was 4,259 people. By 2016 the population was 4,329 showing a population growth of 1.6% in the area during that time. The predominant age group in Ferndale is 30-39 years. Households in Ferndale are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Ferndale work in a professional occupation. In 2011, 73.6% of the homes in Ferndale were owner-occupied compared with 75.3% in 2016.
Ferndale has 2,207 properties.
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