OFF MARKET

4/3021 Albany Highway
Kelmscott WA 6111

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 48m2
Land area: 48m2
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Last updated 30 Sep 2024
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Property Details for 4/3021 Albany Hwy, Kelmscott

4/3021 Albany Hwy, Kelmscott is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1964. The property has a land size of 48m2 and floor size of 48m2. While the property is not currently for sale or for rent, it was last sold in January 2014.

Building Type
Unit
Year Built
1964
Floor Size
48m2
Land Size
48m2
Local Government
Armadale
Lot/Plan
4/S005250

Last Listing description (January 2014)

Whatever you are looking for, if you set your website search parameters as price: ranging from lowest to highest, then this property will almost certainly be at the top. But if there was a setting for convenience: highest to lowest or simple, hassle free investment: easiest to hardest then there is a high chance this would be at the top of those lists too!

You really can't get easier than this. It's a one bedroom, one bathroom, one living area unit, and it's in a very neat and tidy complex.

The living area is a good size, with air conditioning keeping it at a comfortable temperature as we move toward these hotter months. The kitchen is very workable and is in good condition. The laundry and bathroom are combined, to make sure no space is under utilized.

There is very little to think about, and very little to do to stay on top of things in a place like this.

WHERE IT IS
Your access to everything is unbelievably easy, with the Armadale Hospital just 500 metres up the road, the bus stops about 100 metres from your door. It's all so easy. The Kelmscott town centre is getting better and better all the time. With new cafe's, restaurants, retail specialty stores, fitness centres and more all coming together to make Kelmscott more livable than ever. It's also an easy walk to parks and sporting ovals.

BUYING TO LIVE HERE?
It's a lifestyle that lets you do what you want to do with your time. There is nothing worse than passing up on a good weekend to tie yourself to working around the house. Here you can probably knock the cleaning off in thirty minutes! The property is currently tenanted on a periodical lease, so that means if you want to live here it can be arranged for the property to be vacant at settlement.

BUYING TO INVEST?
Whilst the size of the home is not going to blow your mind the realities might.
The world we live in is getting busier and busier and there are more and more people looking to simply have their homes as a base for the rest of the things they do. A one-bedroom unit may not seem like somewhere you might be able to fit your own life, but a wise investor knows to put their money in what there will always be a market for.

The current tenant is excellent; he has been here for ages and is paying $245 per week. Work out your numbers on that and we are looking at a pretty straightforward scenario.

WHAT NEXT?
Great opportunities like this don't come up too often, so make sure you move quick. Call Mark Grogan, the district's highest selling agent 2011, 2012 and 2013 and see the fantastic opportunity that exists here.

Property History for 4/3021 Albany Hwy, Kelmscott, WA 6111

A timeline of how this property has performed in the market
Last Sold
$175,000
20 Jan 2014
  • 20 Jan 2014
    Sold for $175,000
  • 12 Nov 2013
    Listed for Sale $179,000
  • 19 Apr 2002
    Sold for $50,000
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About Kelmscott 6111

The size of Kelmscott is approximately 15 square kilometres. It has 30 parks covering nearly 33.1% of total area. The population of Kelmscott in 2011 was 10,019 people. By 2016 the population was 10,496 showing a population growth of 4.8% in the area during that time. The predominant age group in Kelmscott is 20-29 years. Households in Kelmscott are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Kelmscott work in a trades occupation. In 2011, 71.2% of the homes in Kelmscott were owner-occupied compared with 70.3% in 2016.

Kelmscott has 5,691 properties. Over the last 5 years, Houses in Kelmscott have seen a 136.54% increase in median value, while Units have seen a 84.00% increase. As at 31 August 2024:

  • The median value for Houses in Kelmscott is $637,113 while the median value for Units is $419,789.
  • Houses have a median rent of $560 while Units have a median rent of $500.
There are currently 36 properties listed for sale, and 8 properties listed for rent in Kelmscott on OnTheHouse. According to CoreLogic's data, 368 properties were sold in the past 12 months in Kelmscott.

Suburb Insights for Kelmscott 6111

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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.