OFF MARKET

31/2 Molloy Promenade
Joondalup WA 6027

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 51m2
Land area: 79m2
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Property Details for 31/2 Molloy Prom, Joondalup

31/2 Molloy Prom, Joondalup is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2011. The property has a land size of 79m2 and floor size of 51m2. While the property is not currently for sale or for rent, it was last sold in November 2022.

Building Type
Unit
Year Built
2011
Floor Size
51m2
Land Size
79m2
Local Government
Joondalup
Lot/Plan
31/S054963

Last Listing description (December 2022)

A well-located modern apartment with a fantastic price and a fixed-term tenancy agreement makes this the perfect opportunity for any savvy investor to add to their portfolio.

This apartment is within a secure, pet-friendly complex, with a single car bay and storeroom; it is not just the apartment but the proximity to all the amenities that make this a bulletproof investment.

Joondalup health campus, premium education and extensive shopping outlets are located within the city's centre, surrounded by native parklands with lakeside walks to explore. The City of Joondalup also has Edith Cowan University, TAFE and the WA Police Academy, giving the investor an endless supply of tenants.

The total strata area is 79m2, comprised of the apartment 51m2, balcony 11m2, parking 13m2, and storage 4m2.

Currently rented at $300 per week until 30th January 2023.
Strata levies are $490.30, and the reserve fund is $508.80 quarterly. Contact me for further information.
Council rates are $1037.24 per annum.
Water rates are $792.35 per annum.

Call to view or chat about how this investment opportunity could work for you.

Disclaimer:
This information is provided for general information purposes only and is based on information provided by the Seller and may be subject to change. No warranty or representation is made as to its accuracy and interested parties should place no reliance on it and should make their own independent enquiries.

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Property History for 31/2 Molloy Prom, Joondalup, WA 6027

A timeline of how this property has performed in the market
Last Sold
$250,000
08 Nov 2022
Listed for Rent
$280/w
17 Mar 2017
  • 08 Nov 2022
    Sold for $250,000
  • 29 Jun 2022
    Listed for Sale Offers
  • 23 Dec 2016
    Listed for Rent - Price not available
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About Joondalup 6027

The size of Joondalup is approximately 10.6 square kilometres. It has 29 parks covering nearly 24.8% of total area. The population of Joondalup in 2011 was 9,197 people. By 2016 the population was 9,098 showing a population decline of 1.1% in the area during that time. The predominant age group in Joondalup is 20-29 years. Households in Joondalup are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Joondalup work in a professional occupation. In 2011, 54.4% of the homes in Joondalup were owner-occupied compared with 56% in 2016.

Joondalup has 5,230 properties. Over the last 5 years, Houses in Joondalup have seen a 78.47% increase in median value, while Units have seen a 86.97% increase. As at 30 September 2024:

  • The median value for Houses in Joondalup is $835,102 while the median value for Units is $524,886.
  • Houses have a median rent of $650 while Units have a median rent of $550.
There are currently 49 properties listed for sale, and 28 properties listed for rent in Joondalup on OnTheHouse. According to CoreLogic's data, 351 properties were sold in the past 12 months in Joondalup.

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