SOLD
Sold on 21 Jun 2024 for $495,000

12 Olive Court
Glen Iris WA 6230

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 4026m2
Sold By
Elders Real Estate South West
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Property Details for 12 Olive Ct, Glen Iris

Building Type
Land
Land Size
4026m2
Local Government
Bunbury
Lot/Plan
109/P063117

Last Listing description (August 2024)

12 Olive Court is situated in a cul de sac and is 4,026sqm in size. It has good street frontage which allows for plenty of different building designs and opportunities. It's part of a small subdivision located on the South-Eastern corner of the intersection of South West Highway and Dodson Road, close to the main port access road being Willinge Drive, Bunbury airport and the Bunbury CBD.This subdivision offers an absolute blank canvas in an established prime commercial location with great exposure of some lots to a busy highway while being close to major transport routes and infrastructure.Zoned Light Industry there are many opportunities for these lots, including relocating your business to your own purpose-built building or develop and lease the property out as an investment opportunity.If you are not ready to purchase the owner will negotiate to build you a building to suit your business on a leaseback arrangement. Talk to me about what type of building what suit your business needs. 4,026sqm of prime commercial land Close to the CBD Flat with good street frontage Zoned light industry Buy outright or the owners will develop on a lease back arrangementBuyers Note: All measurements/dollar amounts are approximate only & generally marked with an * (Asterix) for reference. Boundaries marked on images are a guideline & are for visual purposes only. Buyers should complete their own due diligence, including a visual inspection before entering into an offer & should not rely on the photos or text in this advertising in making a purchasing decision.

Property History for 12 Olive Ct, Glen Iris, WA 6230

A timeline of how this property has performed in the market
Last Sold
$495,000
21 Jun 2024
Listed for Rent
19 Apr 2023
  • 21 Jun 2024
    Sold for $495,000
  • 05 Apr 2022
    Listed for Sale $455,000 Plus GST
  • 05 Apr 2022
    Listed for Rent $1 / year
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About Glen Iris 6230

The size of Glen Iris is approximately 4.9 square kilometres. It has 6 parks covering nearly 1.7% of total area. The population of Glen Iris in 2011 was 2,880 people. By 2016 the population was 3,007 showing a population growth of 4.4% in the area during that time. The predominant age group in Glen Iris is 0-9 years. Households in Glen Iris are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Glen Iris work in a trades occupation. In 2011, 70.3% of the homes in Glen Iris were owner-occupied compared with 68.8% in 2016.

Glen Iris has 1,538 properties. Over the last 5 years, Houses in Glen Iris have seen a 98.55% increase in median value, while Units have seen a 102.65% increase. As at 30 September 2024:

  • The median value for Houses in Glen Iris is $619,636 while the median value for Units is $577,592.
  • Houses have a median rent of $600 while Units have a median rent of $330.
There are currently 15 properties listed for sale, and 1 property listed for rent in Glen iris on OnTheHouse. According to CoreLogic's data, 84 properties were sold in the past 12 months in Glen iris.

Suburb Insights for Glen Iris 6230

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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.