OFF MARKET

40/165 Grand Boulevard
Joondalup WA 6027

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 56m2
Land area: 79m2
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Property Details for 40/165 Grand Bvd, Joondalup

40/165 Grand Bvd, Joondalup is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2005. The property has a land size of 79m2 and floor size of 56m2. While the property is not currently for sale or for rent, it was last sold in October 2023.

Building Type
Unit
Year Built
2005
Floor Size
56m2
Land Size
79m2
Local Government
Joondalup
Lot/Plan
45/S046485

Last Listing description (February 2024)

Discover a remarkable investment opportunity in the heart of Joondalup! This tidy one-bedroom apartment is currently leased until February, fetching an impressive $450 per week in rental income.

Key Features

Prime Location: Nestled in the heart of Joondalup, this apartment offers unrivaled convenience with Lakeside Shopping Centre just a stroll away. Enjoy shopping, dining, and entertainment at your doorstep.

Near Educational Institutions: Perfectly positioned for students and faculty, the property is in easy reach of ECU University and the North Metropolitan TAFE.

Effortless Commuting: Seamlessly access bus and train services nearby, making your daily commute a breeze.

Comfortable Living: Inside, you'll find porcelain tiles and carpet throughout, creating a cozy and stylish living space. Stay comfortable year-round with the reverse cycle air-conditioner.

Amenities Galore: This building boasts an air-conditioned gym for your fitness needs, plus an upstairs outdoor barbeque/patio area for social gatherings and relaxation.

Investor's Paradise: With a strong rental income and prime location, this apartment is an extraordinary opportunity for savvy investors.

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Property History for 40/165 Grand Bvd, Joondalup, WA 6027

A timeline of how this property has performed in the market
Last Sold
$305,000
23 Oct 2023
Listed for Rent
01 Feb 2023
  • 23 Oct 2023
    Sold for $305,000
  • 12 Oct 2023
    Listed for Sale UNDER OFFER
  • 18 Jan 2023
    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 5,217 properties. Over the last 5 years, Houses in Joondalup have seen a 76.98% increase in median value, while Units have seen a 91.27% increase. As at 31 October 2024:

  • The median value for Houses in Joondalup is $831,243 while the median value for Units is $554,295.
  • Houses have a median rent of $650 while Units have a median rent of $550.
There are currently 50 properties listed for sale, and 27 properties listed for rent in Joondalup on OnTheHouse. According to CoreLogic's data, 331 properties were sold in the past 12 months in Joondalup.

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