SOLD
Sold on 11 May 2024 for $481,000

1/25 Dowerin Circuit
Lakelands WA 6180

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 146m2
Land area: 226m2
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Property Details for 1/25 Dowerin Cct, Lakelands

1/25 Dowerin Cct, Lakelands is a 3 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2011. The property has a land size of 226m2 and floor size of 146m2. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 3 bedroom Unit sold in Lakelands in the last 12 months.

Building Type
Unit
Year Built
2011
Floor Size
146m2
Land Size
226m2
Local Government
Mandurah
Lot/Plan
1/S062977

Last Listing description (August 2024)

HOME2HOME REALTY PROUDLY PRESENTS...

Are you in search of a lucrative addition to your investment portfolio or a future home in a
thriving community. On offer is three bedrooms, two bathrooms, and a double garage,

this property offers both space and comfort in a small complex of just five units.

Currently occupied by a long-term tenant for the past five years, this villa presents an attractive
opportunity for investors seeking immediate rental income. With a fixed lease in place until
November 2024 at $450 per week, you can enjoy a steady stream of revenue from day one.

Located in the flourishing suburb of Lakelands.

Situated within walking distance of Lakelands Primary School, Baptist College, and Coles
Lakelands Shopping Centre, convenience is at your doorstep. Plus, with beaches just a short
drive away, you can easily indulge in the coastal lifestyle whenever you desire.

Inside it set with an open-plan living area, which connected to the alfresco and dining area through
sliding doors. The layout provides easy access around .

Lakelands' is currently a hot spot in the real estate market.

Whether you're an investor looking to expand your portfolio or a future homeowner planning, this
villa offers the ideal blend of comfort, convenience, and long-term potential.

PROPERTY EXTRAS INCLUDE

Entry to the garage is off the rear laneway.
Shoppers door from the garage into a Home
Dishwasher
Built-in robes
Gas bayonet
Alfresco
linen cupboard
Split system reverse cycle AC
Electric hot water system
All Bathrooms are good size.

OTHER PROPERTY NOTES

Small complex of just 5
Built -2011
Lot sqm -226
Inside sqm -146
Leased details -fixed lease until 9 November 2024
Currently, weekly rent is $450 per week.
Council rates (Per Year) $1870.74 per year
Strata fees (Per QTY) -$415
Long-term tenant has been in the property for 5 years.
Smoke alarms and RCD are all certified -an electric certificate will be supplied on request.
Council -Mandurah
Gas is connected.
NBN is available.
Street Parking

AGENTS COMMENTS

This property boasts a design tailored for low-maintenance living with convenient street
frontage. Ideal for those not requiring immediate occupancy but seeking to secure ownership
or for astute long-term investors.
Strategically situated in a highly convenient locale, it offers proximity to essential amenities
such as libraries, parks, shops, schools, and public transport hubs.
Whether you're seeking a high-value, low-maintenance investment or aiming for a lock-and leave lifestyle, this property offers abundant opportunities

INSPECTIONS
For more information just email gary@home2home.com.au or call gary on 0412229904

Property History for 1/25 Dowerin Cct, Lakelands, WA 6180

A timeline of how this property has performed in the market
Last Sold
$481,000
11 May 2024
Listed for Rent
$300/w
05 Jun 2019
  • 11 May 2024
    Sold for $481,000
  • 03 May 2024
    Listed for Sale Not Disclosed
  • 04 Apr 2019
    Listed for Rent - Price not available
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About Lakelands 6180

The size of Lakelands is approximately 7.1 square kilometres. It has 10 parks covering nearly 3.1% of total area. The population of Lakelands in 2011 was 2,922 people. By 2016 the population was 4,820 showing a population growth of 65.0% in the area during that time. The predominant age group in Lakelands is 0-9 years. Households in Lakelands are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Lakelands work in a trades occupation. In 2011, 71.8% of the homes in Lakelands were owner-occupied compared with 74.4% in 2016.

Lakelands has 3,827 properties. Over the last 5 years, Houses in Lakelands have seen a 107.13% increase in median value, while Units have seen a 36.77% increase. As at 31 October 2024:

  • The median value for Houses in Lakelands is $714,319 while the median value for Units is $599,323.
  • Houses have a median rent of $620.
There are currently 30 properties listed for sale, and 11 properties listed for rent in Lakelands on OnTheHouse. According to CoreLogic's data, 309 properties were sold in the past 12 months in Lakelands.

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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.