22/156-158 Lincoln StreetHighgate WA 6003
Property Details for 22/156-158 Lincoln St, Highgate
22/156-158 Lincoln St, Highgate is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1967. The property has a land size of 66m2 and floor size of 44m2. While the property is not currently for sale or for rent, it was last sold in February 2024. There are other 1 bedroom Unit sold in Highgate in the last 12 months.
Last Listing description (June 2024)
Calling all astute investors! Prepare to supercharge your portfolio with this exceptional opportunity at 22/156 Lincoln Street, Highgate. Your path to wealth creation starts here.
Proven Rental Income: This property has a proven rental income stream. Tenanted till June 2024. Sit back and watch your investment grow.
Strategic Location: Highgate is a hotspot for renters, thanks to its proximity to the city, entertainment hubs, and essential amenities.
Low Maintenance: Say goodbye to unnecessary upkeep. This property is designed for hassle-free management, saving you time and money.
Strong Investment Potential: Highgate is a thriving suburb with a strong demand for rental properties. Expect solid returns and potential for capital growth.
Whether you're a seasoned investor or new to the game, this property is a smart addition to your portfolio. Highgate offers a welcoming neighborhood, ensuring tenant retention and long-term rental success.
What we love:
* Superstar location with it's proximity to the CBD
* Well maintained development with under cover parking and storeroom
* Modern kitchen
* Internal European style laundry
* Great size bedroom with built in robe
* Tenanted to June 2024
* Strong Yield at approx 6% with option for growth
* Ideal first time investment buy
* Allocated Parking
- Council Rates $1,653.27 p.a.
- Water Rates $1,031.55 p.a.
- Strata Admin $287.49 pq
- Strata Reserve $235.32 pq
- Total Area 66sqm
- Internal 44sqm
- Balcony 5sqm
- Carpark 13sqm
- Storeroom 4sqm
Unlock the door to financial prosperity with 22/156 Lincoln Street. This investment gem is poised to deliver steady returns.
Property History for 22/156-158 Lincoln St, Highgate, WA 6003
- 09 Feb 2024Sold for $330,000
- 22 Sep 2023Listed for Sale From $320,000
- 02 May 2019Listed for Rent $265 / week
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About Highgate 6003
The size of Highgate is approximately 0.4 square kilometres. It has 3 parks covering nearly 3.6% of total area. The population of Highgate in 2011 was 1,941 people. By 2016 the population was 2,184 showing a population growth of 12.5% in the area during that time. The predominant age group in Highgate is 30-39 years. Households in Highgate are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Highgate work in a professional occupation. In 2011, 35.1% of the homes in Highgate were owner-occupied compared with 39.5% in 2016.
Highgate has 1,466 properties. Over the last 5 years, Houses in Highgate have seen a 50.60% increase in median value, while Units have seen a 52.35% increase. As at 31 July 2024:
- The median value for Houses in Highgate is $1,138,741 while the median value for Units is $494,353.
- Houses have a median rent of $790 while Units have a median rent of $550.
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