16 Argyll StreetGledhow WA 6330
Property Details for 16 Argyll St, Gledhow
16 Argyll St, Gledhow is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1955. The property has a land size of 19763m2 and floor size of 209m2.
Last Listing description (August 2023)
Located only 4.5km from Albany?s CBD and situated opposite the new, modern sub-division in Gledhow, this unique parcel of land offers value on every level.
With a 3 bedroom, 1 bathroom character home as well as a 2 bedroom, 1 bathroom cottage both rented out on the property, the pressure is really taken off from having to develop the property straight away. It also ensures a nice steady income stream with potential weekly returns of $750 for renting the 2 properties out.
Zoned ?Future Urban? and with a possible R20/40 residential zoning under the South Lockyer Structure Plan the property was approved for 22 large lots by WAPC in 2013 which has lapsed.
The property is nestled by a bush reserve which provides a great buffer from the main road that leads to the property, a lake on the adjoining land and a park reserve on the other side of this will result in a quiet and low traffic area, even once developed. The land is also gently sloped.
In addition to the 2 properties on the block, there is also a large powered shed and double bay carport that are also currently rented out.
Property History for 16 Argyll St, Gledhow, WA 6330
- 02 Aug 2023Listed for Sale Not Disclosed
- 10 Feb 2021Listed for Sale $990,000
- 03 Jul 2019Listed for Sale Not Disclosed
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About Gledhow 6330
The size of Gledhow is approximately 6.6 square kilometres. It has 2 parks covering nearly 1.1% of total area. The population of Gledhow in 2011 was 941 people. By 2016 the population was 977 showing a population growth of 3.8% in the area during that time. The predominant age group in Gledhow is 50-59 years. Households in Gledhow are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Gledhow work in a trades occupation. In 2011, 77.8% of the homes in Gledhow were owner-occupied compared with 77.7% in 2016.
Gledhow has 619 properties. Over the last 5 years, Houses in Gledhow have seen a 67.23% increase in median value. As at 31 October 2024:
- The median value for Houses in Gledhow is $605,219 while the median value for Units is $277,892.
- Houses have a median rent of $398.
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