212/23 Adelaide StreetFremantle WA 6160
Property Details for 212/23 Adelaide St, Fremantle
212/23 Adelaide St, Fremantle is a 2 bedroom, 1 bathroom Unit and was built in 1970. The property has a land size of 58m2 and floor size of 58m2. While the property is not currently for sale or for rent, it was last sold in April 2024. There are other 2 bedroom Unit sold in Fremantle in the last 12 months.
Last Listing description (June 2024)
This little beauty is just waiting for you to take advantage of its value and its potential. A fantastic two bedroom apartment embraces city living right in the heart of Fremantle. Walk downstairs to cafe's, markets and main transport routes, this is a great inner city pad that offers an easy care, relaxed lifestyle. With a gross rental yield of approximately 6.7%, this apartment is also fantastic investment opportunity.
Perfect for an investor or first home owner the property is low maintenance and positioned at the end with only one common wall. Located in a secure complex with cameras, security doors and secure parking available.
The property is currently leased to a great tenant until 18th Dec 2024 at $450.00 per week and also offers the potential for short term stay in the future. This investment is a 'no brainer' with rental returns being one of the best in the metro area.
With Fremantle at the beginnings of redevelopment and modernising and with rental prices increasing this home is fast becoming a fantastic lifestyle and money saving/making option.
Do the maths and you'll see that this home will be snapped up very soon.
Council Rates: Approx $1,908 per annum
Water Rates: Approx $1,089 per annum
Strata Fees: Approx $1,050 per quarter
Disclaimer:
The particulars of this listing have been prepared for advertising and marketing purposes only. We have made every effort to ensure the information is reliable and accurate, however, clients must carry out their own independent due diligence to ensure the information provided is correct and meets their expectations.
Property History for 212/23 Adelaide St, Fremantle, WA 6160
- 04 Apr 2024Sold for $350,000
- 20 Feb 2024Listed for Sale Sold
- 08 Dec 2023Listed for Rent $420 / week
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About Fremantle 6160
The size of Fremantle is approximately 5.5 square kilometres. It has 24 parks covering nearly 26% of total area. The population of Fremantle in 2011 was 7,668 people. By 2016 the population was 8,214 showing a population growth of 7.1% in the area during that time. The predominant age group in Fremantle is 30-39 years. Households in Fremantle are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Fremantle work in a professional occupation. In 2011, 52% of the homes in Fremantle were owner-occupied compared with 54.2% in 2016.
Fremantle has 6,267 properties. Over the last 5 years, Houses in Fremantle have seen a 68.34% increase in median value, while Units have seen a 44.15% increase. As at 31 July 2024:
- The median value for Houses in Fremantle is $1,282,700 while the median value for Units is $609,406.
- Houses have a median rent of $793 while Units have a median rent of $670.
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