3/37 Varcoe RoadKoondoola WA 6064
Property Details for 3/37 Varcoe Rd, Koondoola
3/37 Varcoe Rd, Koondoola is a 3 bedroom, 1 bathroom Townhouse with 1 parking spaces and was built in 1974. The property has a land size of 376m2 and floor size of 100m2. While the property is not currently for sale or for rent, it was last sold in February 2020.
Last Listing description (March 2020)
PERFECT FOR SMALL FAMILY OR INVESTOR. Paint and profit! Put a little effort into making this ground floor villa sparkle and reap the profits! This is such an affordable price that gives you scope to increase the value at minimal cost. Current market rent would be in the vicinity of $220 per week, showing a gross return of 5.72% on asking price or 11.44% GROSS ON 50% DEPOSIT. Add to this potential Capital gains and any tax advantages dependant on your personal circumstances, and all adds up to a sustainable investment. (Buyers must seek investment advice from a qualified advisor. All figures quoted are approximate).
Accommodation comprises 3 good size bedrooms, separate lounge, and kitchen/dining room. A very nice patio room has been built on the back of the house affording 2 living areas, and excellent entertaining opportunities. There is a split system air conditioner, (the ducted evaporative system has been de commissioned).The backyard is private and can also be accessed by a private laneway. Gas services the kitchen and Hot Water with an extra bayonet in the lounge for a portable heater. This part of the complex only has 4 villas, and there is dedicated parking for residents.
Across the road are acres of lush parklands in the Koondoola Regional Bushland Reserve, along with 3 smaller parks close by. There is plenty of opportunity for exercise and fresh air pursuits.
The local Bus services the Mirrabooka, Alexander Heights and Warwick routes with easy connections to the City. Local amenities within a short distance include the Primary School, The Plaza Shopping centre, and Churches.
KOONDOOLA. $220,000 Page 2
STRATA DETAILS:
House area 84 sq metres.
Backyard - 148 sq metres.
Front Courtyard 144 sq metres.
TOTAL STRATA AREA - 376 sq metres.
Shire Rates. - $
Water Rates - $
Strata Levy - $350 per quarter
Reserve Levy -$ NIL
This 3 bedroom villa offers excellent value on todays market. Genuine sellers have presented this property in good condition, so put this on your list of properties to view either by private appointment or at the weekly home open if not sold prior.
Barry Richards. (Dipl of Prop).
Mob/Text: 0431 000 501
Email: barryatremaxpremium.com.au
DISCLAIMER: Buyers are required to do Due Diligence in relation to all aspects of the purchase, without reliance on any claim or statement made by the sellers or the sellers agent. Although all information is provided in absolute good faith, neither the sellers nor the sellers agent will be responsible for the accuracy of such information, which may be provided by third parties.
Property History for 3/37 Varcoe Rd, Koondoola, WA 6064
- 10 Feb 2020Sold for $170,000
- 06 Aug 2019Listed for Sale Urgent sale all offers considered
- 18 Nov 2012Listed for Rent - Price not available
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About Koondoola 6064
The size of Koondoola is approximately 3.5 square kilometres. It has 9 parks covering nearly 45.8% of total area. The population of Koondoola in 2011 was 3,897 people. By 2016 the population was 4,060 showing a population growth of 4.2% in the area during that time. The predominant age group in Koondoola is 0-9 years. Households in Koondoola are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Koondoola work in a labourer occupation. In 2011, 65.1% of the homes in Koondoola were owner-occupied compared with 62.6% in 2016.
Koondoola has 1,583 properties. Over the last 5 years, Houses in Koondoola have seen a 109.78% increase in median value, while Units have seen a 136.50% increase. As at 31 October 2024:
- The median value for Houses in Koondoola is $640,058 while the median value for Units is $482,346.
- Houses have a median rent of $555 while Units have a median rent of $253.
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