250 Mcdonald StreetJoondanna WA 6060
Property Details for 250 Mcdonald St, Joondanna
250 Mcdonald St, Joondanna is a 4 bedroom, 2 bathroom Unit. The property has a land size of 1087m2. While the property is not currently for sale or for rent, it was last sold in August 2022.
Last Listing description (July 2023)
We are pleased to offer this amazing opportunity to a market on behalf of the owners. A rare opportunity exists to secure a well-located large-scale development site within one of Perth's desirable inner northern suburbs.
What this site offers is the flexibility to retain one of the tiles and do a 2 stage development or use the full site immediately to take advantage of the current short supply of homes in Perth. This short supply, especially in the inner suburbs of Perth is not going away so to be able to secure nearly 2000 sqm of land in the tree lined suburb is worth considering.
Development site summary:
250 McDonald Street -1103sqm
35 Wanneroo Road 895 sqm
Total area 1998sqm
Zoning R40
Allows multiple dwellings with a plot ratio of 0.6
3 street frontages with 2 usable ones of 36.5m fronting Orchid street &
41m fronting McDonald street.
The building's on both titles are brick and tile with the house at 35 Wanneroo road a classic turn of the century solid built home that is currently unoccupied.
250 McDonald Street is a large scale duplex pair which are 2 bedrooms 1 bathroom with one leased out at $250 per week
Property outgoings (combined):
Water rates - $3,176.41 (approx)
Shire Rates - $4,074.28 (approx)
Completed developments in this area very desirable with many being sold off the plan so get in early to secure this one to put in your development pipeline immediately!!
Property History for 250 Mcdonald St, Joondanna, WA 6060
- 12 Aug 2022Sold for $867,500
- 19 Jul 2022Listed for Sale UNDER OFFER!
- 25 Nov 2017Listed for Rent - Price not available
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About Joondanna 6060
The size of Joondanna is approximately 1.5 square kilometres. It has 5 parks covering nearly 4.6% of total area. The population of Joondanna in 2011 was 4,568 people. By 2016 the population was 4,852 showing a population growth of 6.2% in the area during that time. The predominant age group in Joondanna is 30-39 years. Households in Joondanna are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Joondanna work in a professional occupation. In 2011, 53.6% of the homes in Joondanna were owner-occupied compared with 54% in 2016.
Joondanna has 3,273 properties. Over the last 5 years, Houses in Joondanna have seen a 68.17% increase in median value, while Units have seen a 82.41% increase. As at 31 August 2024:
- The median value for Houses in Joondanna is $976,544 while the median value for Units is $539,433.
- Houses have a median rent of $740 while Units have a median rent of $580.
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