OFF MARKET

3 Porter Street
Gwelup WA 6018

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 80m2
Land area: 76m2
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Last updated 30 Sep 2024
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Property Details for 3 Porter St, Gwelup

3 Porter St, Gwelup is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1970. The property has a land size of 76m2 and floor size of 80m2. While the property is not currently for sale or for rent, it was last sold in June 2015.

Building Type
Unit
Year Built
1970
Floor Size
80m2
Land Size
76m2
Local Government
Stirling
Lot/Plan
1/S000833

Last Listing description (September 2016)

This two bedroom duplex is the perfect example of smart buying.
It's all about location and it's all about potential.
Add to that affordability because it is entry level buying into the suburb and will be selling well below the suburb median price.

You can't go wrong.
The real potential of this home is in the rarely seen opportunity to be able to buy its mirror half at number 5 Porter Street.
The unique choices that open up by owning a duplex pair on a 749m2 block in such a great location are brilliant and hardly ever happen.
The properties will be auctioned as a pair and if not sold as a pair negotiations will then commence on the individual duplex homes.
So take your pick.
Buy just one.
Buy both and live in one and rent out the other. Buy it as an investment in your future wealth and rent out both.
Develop it and build your dream home in an idyllic location.
Maybe build two new stunning duplex homes overlooking the park.
It's up to you but make sure you have a look and give it some serious though because when is the next side by side duplex pair going to be available and in such a great spot.
Set directly opposite a park and within meters of the massive Lake Gwelup Natural Bushland Reserve you have nothing but trees and the sounds of birdlife around you. On top of that you have brand new housing estates neighbouring you but far enough away to not make you feel intruded upon.
The prestigious Karrinyup Waters Estate alongside world renowned Lake Karrinyup Country Club and Golf Course, Prive Lane and Gwelup Waters to name a few.
The property goes to auction on Sunday 28th June at 1pm unless sold prior.

Property History for 3 Porter St, Gwelup, WA 6018

A timeline of how this property has performed in the market
Last Sold
$467,500
29 Jun 2015
Listed for Rent
$370/w
11 Jan 2016
  • 24 Nov 2015
    Listed for Rent $370 / week
  • 29 Jun 2015
    Sold for $467,500
  • 04 Jun 2015
    Listed for Sale Not Disclosed
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About Gwelup 6018

The size of Gwelup is approximately 2.9 square kilometres. It has 11 parks covering nearly 36.4% of total area. The population of Gwelup in 2011 was 3,923 people. By 2016 the population was 4,519 showing a population growth of 15.2% in the area during that time. The predominant age group in Gwelup is 40-49 years. Households in Gwelup are primarily couples with children and are likely to be repaying $3000 - $3999 per month on mortgage repayments. In general, people in Gwelup work in a professional occupation. In 2011, 83.8% of the homes in Gwelup were owner-occupied compared with 84.5% in 2016.

Gwelup has 2,025 properties. Over the last 5 years, Houses in Gwelup have seen a 86.71% increase in median value, while Units have seen a 78.38% increase. As at 31 August 2024:

  • The median value for Houses in Gwelup is $1,390,413 while the median value for Units is $948,901.
  • Houses have a median rent of $980 while Units have a median rent of $643.
There are currently 5 properties listed for sale, and no properties listed for rent in Gwelup on OnTheHouse. According to CoreLogic's data, 69 properties were sold in the past 12 months in Gwelup.

Suburb Insights for Gwelup 6018

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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.