OFF MARKET

7/53 Powell Street
Joondanna WA 6060

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 76m2
Land area: 76m2
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Property Details for 7/53 Powell St, Joondanna

7/53 Powell St, Joondanna is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1982. The property has a land size of 76m2 and floor size of 76m2. While the property is not currently for sale or for rent, it was last sold in July 2023.

Building Type
Unit
Year Built
1982
Floor Size
76m2
Land Size
76m2
Local Government
Stirling
Lot/Plan
7/S010972

Last Listing description (November 2023)

Phone Enquiry ID: 224041

FIRST HOME OPEN CANCELLED - UNDER OFFER

This lovely two-bedroom, single-level villa is the ideal entry-level home located in the beautiful inner-city suburb of Joondanna.

Situated at the top of a hill in a quiet street, this small, peaceful complex of only eight units offers ample owner and visitor parking in a relaxed, comfortable and friendly environment.

The villa has been freshly painted, creating a clean and welcoming ambiance. A well-designed floorplan features a private living room at the front and an open-plan living space at the rear. The kitchen opens to the dining area, which in turn, leads out to a delightful, spacious courtyard.

Extensive use of timber flooring and carpeting in the bedrooms adds to the overall immaculate presentation, making it a move-in ready option.

At the heart of the villa is the well appointed kitchen which offers excellent countertop space and storage, meaning that meal preparation is both a delight and an opportunity to interact and socialise.

Additionally, there is a separate laundry with its own rear exit for convenience and a separate toilet which offers an unusually practical aspect for residents and guests alike.

A well proportioned bathroom is bathed in natural light and has good natural ventilation. Its functional layout allows for comfortable use by two people simultaneously without feeling cramped. A virtually new Bosch instant hot water system provides endless hot water.

Built-in robes and a split system air conditioning unit enhance the large main bedroom, ensuring comfort day and night. The second bedroom serves well as a guest room, study or baby's room.

The rear courtyard is a delightful and secure space which comprises a small deck and a lovely private area in which to relax, enjoy a glass of wine, or have friends over for a barbecue.

The location of the villa complex is perfect, situated within a vibrant, up-and-coming suburb, with exceptional access to the city, freeways, and the coast. It's also conveniently close to various restaurants, wine bars, shopping options and numerous parks and open spaces. The Powell Reserve, the Albert James Park and the Joondanna Reserve are all within a short stroll.

For those looking for a sound investment, the current rental expectation for this villa is approximately $480 to $530 per week.

Lastly, it's worth mentioning that with only eight villas in the complex, the owners have agreed to self manage the strata arrangements. This means that the strata fees are only an incredible $250 per quarter!

FINANCIALS AT A GLANCE:

Council Rates - $1,477 p/a
Water Rates - $1,032 p/a
Strata Fees - $250 p/q
Rental Expectation $480 to $530 per week

Property History for 7/53 Powell St, Joondanna, WA 6060

A timeline of how this property has performed in the market
Last Sold
$420,000
29 Jul 2023
Listed for Rent
07 Jan 2020
  • 29 Jul 2023
    Sold for $420,000
  • 25 Jul 2023
    Listed for Sale From $395,000
  • 27 Dec 2019
    Listed 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 3,277 properties. Over the last 5 years, Houses in Joondanna have seen a 73.47% increase in median value, while Units have seen a 91.61% increase. As at 30 November 2024:

  • The median value for Houses in Joondanna is $1,026,299 while the median value for Units is $573,282.
  • Houses have a median rent of $750 while Units have a median rent of $600.
There are currently 14 properties listed for sale, and 1 property listed for rent in Joondanna on OnTheHouse. According to CoreLogic's data, 180 properties were sold in the past 12 months in Joondanna.

Suburb Insights for Joondanna 6060

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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.