SOLD
Sold on 09 Feb 2024 for $330,000

22/156-158 Lincoln Street
Highgate WA 6003

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 44m2
Land area: 66m2
Save

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.

Building Type
Unit
Year Built
1967
Floor Size
44m2
Land Size
66m2
Local Government
Vincent
Lot/Plan
22/S046918

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

A timeline of how this property has performed in the market
Last Sold
$330,000
09 Feb 2024
Listed for Rent
$265/w
11 May 2019
  • 09 Feb 2024
    Sold for $330,000
  • 22 Sep 2023
    Listed for Sale From $320,000
  • 02 May 2019
    Listed for Rent $265 / week
Sign in to see more transactions

Commute Calculator

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 1,461 properties. Over the last 5 years, Houses in Highgate have seen a 51.56% increase in median value, while Units have seen a 69.81% increase. As at 31 October 2024:

  • The median value for Houses in Highgate is $1,187,732 while the median value for Units is $529,482.
  • Houses have a median rent of $850 while Units have a median rent of $580.
There are currently 5 properties listed for sale, and 7 properties listed for rent in Highgate on OnTheHouse. According to CoreLogic's data, 127 properties were sold in the past 12 months in Highgate.

Suburb Insights for Highgate 6003

Market Insights
Highgate Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Highgate Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
Contact agent
Katie Lawley
Show contact details
LJ Hooker City Residential
Preferred contact:
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.