OFF MARKET

494 Cambridge Street
Floreat WA 6014

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Land area: 379m2
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Property Details for 494 Cambridge St, Floreat

494 Cambridge St, Floreat is a 3 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 379m2.

Building Type
House
Land Size
379m2
Local Government
Cambridge

Last Listing description (July 2018)

Astute buyers will recognise this rare opportunity to gain an entry level foothold into this hotly desired suburb. Currently rented out, buy as an investment or enjoy a guaranteed rental income while you make plans to enhance the property or sell your family home to downsize.

Built in 2000 and set on a 379sqm strata lot, this single level, neat as a pin residence offers low maintenance living in a walk to everywhere location. With three generous bedrooms, light and open family/dining, functional kitchen, spacious lounge, separate laundry and double garage with shoppers' entrance, the floor plan is both practical and spacious.

With its own street frontage and drive-way the home is free standing, with no common walls, and not within close proximity to its neighbours. The outdoor yard is secure and offers scope to make your dream outdoor entertaining area.

Perhaps one of the best features offered here is the location. The beach is five minutes away, the CBD just 10 minutes and within walking distance to the Floreat Forum, no wonder demand to live in this neighbourhood is so high.

Situated within the Churchlands High School and Floreat Park Primary School catchment zones you are also a short stroll to Reabold Tennis Club, Wembley Bowling Club and the shops and restaurants in Birkdale shopping strip. Short drive to Bold Park, Wembley Golf Course and the recently revamped Bold Park Swimming pool.

This is an ideal opportunity for investors seeking solid rental returns, downsizers or first home buyers looking for an opportunity to buy into this highly sought-after suburb.

FEATURES YOU WILL LOVE
379 sqm front strata lot
No strata fees
3 generous bedrooms
Master with en-suite and walk in robe
2 living areas
Double garage with shoppers' entrance
Paved and secure alfresco area
Split system air-conditioning
Churchlands SHS catchment (Shenton College as of 2020)
Floreat Park Primary School catchment
350m to Floreat Forum
150m to public transport to the City

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Property History for 494 Cambridge St, Floreat, WA 6014

A timeline of how this property has performed in the market
Listed for Rent
09 Mar 2017
  • 08 Mar 2018
    Listed for Sale UNDER OFFER
  • 18 Feb 2017
    Listed for Rent $520 / week
  • 11 Sep 2015
    Listed for Rent - Price not available

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About Floreat 6014

The size of Floreat is approximately 4.8 square kilometres. It has 30 parks covering nearly 24.4% of total area. The population of Floreat in 2011 was 7,228 people. By 2016 the population was 7,898 showing a population growth of 9.3% in the area during that time. The predominant age group in Floreat is 40-49 years. Households in Floreat are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Floreat work in a professional occupation. In 2011, 83.3% of the homes in Floreat were owner-occupied compared with 86.1% in 2016.

Floreat has 3,370 properties. Over the last 5 years, Houses in Floreat have seen a 81.10% increase in median value, while Units have seen a 148.98% increase. As at 31 October 2024:

  • The median value for Houses in Floreat is $2,224,377 while the median value for Units is $999,705.
  • Houses have a median rent of $1,100 while Units have a median rent of $810.
There are currently 19 properties listed for sale, and 3 properties listed for rent in Floreat on OnTheHouse. According to CoreLogic's data, 142 properties were sold in the past 12 months in Floreat.

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