SOLD
Sold on 25 Sep 2024 for $558,000

5/23 Magnolia Way
Forrestfield WA 6058

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 112m2
Land area: 313m2
Sold By
Mark Abbott
Kea1 Realty
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Property Details for 5/23 Magnolia Way, Forrestfield

5/23 Magnolia Way, Forrestfield is a 3 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1992. The property has a land size of 313m2 and floor size of 112m2. While the property is not currently for sale or for rent, it was last sold in September 2024. There are other 3 bedroom Unit sold in Forrestfield in the last 12 months.

Building Type
Unit
Year Built
1992
Floor Size
112m2
Land Size
313m2
Local Government
Kalamunda
Lot/Plan
5/S022796

Last Listing description (December 2024)

From the moment you walk inside this Fantastic 3-bedroom one bathroom unit in arguably the best complex in the area, you will want to just move in. Located in a private loop road and a short 5-minute walking distance to shops, parks, doctors and transport and great backdrop outlook to the hills. Ideal for those wanting a quality investment, lock and leave or starting out/winding down. Presently leased out to first class tenant who would love to stay if sold to the astute investor.

It has three great sized bedrooms with built-in-robes, bathroom with separate toilet. A modern low care floor plan with 3 living areas including a theatre. Low care flooring throughout with roller shutters on all doors and windows. A separate family/dining, TV/Theatre and great size lounge leading out to the gorgeous patio filled with established plants you really will think you are in your own garden of Eden which is completely private. Cooled down by air conditioning, with gas cooking, hot water, and heating, solar power to reduce your running costs with a good size lockup carport and secure outdoor storage room.

Ample parking complete with room which will even fit the pop top caravan or boat, every part of space in this wonderful unit has been cleverly used. It has such a nice vibe, extremely low strata fees.

Ideal investment property or starting out or winding down this is the one. And you can bring your four-legged friend as pets are allowed. Don't wait Call me today to view.

STRATA FEES INCLUDE BUILDING INSURANCE AT $1,440 PER ANUM ($27.50 PER WEEK).

KEY FEATURES

- 3 Bedrooms, 1 Bathroom
- Private secure home
- Air Conditioning
- Three great size living areas, lounge, family/dining, theatre/TV
- Secluded lock up carport and ample lockup storeroom
- Close to parks, shops and all amenities
- Meticulously maintained tranquil low care gardens
- Solar power panels
- Magnificent outside covered entertaining area
- Low Strata fees that include building insurance and garden maintenance

Inspect Now Call

Property History for 5/23 Magnolia Way, Forrestfield, WA 6058

A timeline of how this property has performed in the market
Last Sold
$558,000
25 Sep 2024
Listed for Rent
$325/w
20 Sep 2018
  • 25 Sep 2024
    Sold for $558,000
  • 20 Sep 2024
    Listed for Sale Offers from $555,000.00
  • 17 Aug 2018
    Listed for Rent $325 / week
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About Forrestfield 6058

The size of Forrestfield is approximately 17.4 square kilometres. It has 22 parks covering nearly 32.4% of total area. The population of Forrestfield in 2011 was 11,811 people. By 2016 the population was 12,715 showing a population growth of 7.7% in the area during that time. The predominant age group in Forrestfield is 30-39 years. Households in Forrestfield are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Forrestfield work in a trades occupation. In 2011, 73.2% of the homes in Forrestfield were owner-occupied compared with 73.3% in 2016.

Forrestfield has 6,502 properties. Over the last 5 years, Houses in Forrestfield have seen a 107.12% increase in median value, while Units have seen a 43.72% increase. As at 30 November 2024:

  • The median value for Houses in Forrestfield is $753,682 while the median value for Units is $594,407.
  • Houses have a median rent of $630 while Units have a median rent of $565.
There are currently 27 properties listed for sale, and 11 properties listed for rent in Forrestfield on OnTheHouse. According to CoreLogic's data, 285 properties were sold in the past 12 months in Forrestfield.

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Disclaimer
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.