OFF MARKET

48/46-48 Rutland Avenue
Lathlain WA 6100

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 71m2
Land area: 65m2
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Property Details for 48/46-48 Rutland Ave, Lathlain

48/46-48 Rutland Ave, Lathlain is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1970. The property has a land size of 65m2 and floor size of 71m2. While the property is not currently for sale or for rent, it was last sold in May 2023.

Building Type
Unit
Year Built
1970
Floor Size
71m2
Land Size
65m2
Local Government
Victoria Park
Lot/Plan
48/S000520

Last Listing description (November 2023)

Looking for an apartment with almost 360 degree views across Perth? With views across the city from your living area and private balcony plus views to Optus Stadium, The Crown and across the hills from your kitchen. This top floor, end apartment has only one common wall and no one above you. Is this two bedroom apartment in Lathlain your starter home or investment property?

Boasting an interactive kitchen, dining and living area which can be closed off from the bedrooms and wet areas. Step inside and discover light filled living while feeling like you are on top of the world with your living and balcony enjoying tranquil views across our city.

The kitchen is compact and functional with electric cooking facilities and views for days. The two queen sized bedrooms are both complete with robes and window views across the city skyline. The bathroom houses a bathtub with over bath shower and doubles as a laundry room with plenty of storage. Located in a secure complex with code entry and an allocated undercover parking for one car.

Move in ready, the apartment would also respond well to updates and modernisation, allowing you to add your own style and make your mark. Is this your entry into city fringe living?

WHY YOU SHOULD PUT THIS ON YOUR MUST SEE LIST:
Views, views, views
Top floor, end apartment with only one common wall
Private balcony overlooking the city
Open plan, living, dining and kitchen
2 spacious bedrooms, both with robes
Combined bathroom/laundry with a bathtub
Separate wc
Secure complex with code entry
Allocated, undercover car bay

LOCATION
With the Gallipoli Street Local Centre revitalisation at the end of your street you will benefit from the local centre with upgraded local shops, new street furniture, a pavement mural and a micro park. This upgrade provides a strengthening community and business hub and along with the Lathlain Precinct Redevelopment Project this area will only continue to get stronger. Just a short distance from the Perth CBD, walking distance to public transport, access to all major roads and Crown Casino, Optus Stadium and the Victoria Park cafe strip all close to your doorstep, you will be superbly centrally located.

ESTIMATED RENTAL RETURN
In the current market a rental return of approximately $450+ per week is expected. This property is sold with vacant possession.

OUTGOINGS (approximate):
Council Rates (Victoria Park): $1,341 p/a
Water Service: $777 p/a
Strata Levies: $602 p/qtr (Admin $497 + Reserve $105)

Ensure that you add this apartment to your inspection list or contact Angie Taylor of Edison Property 0417946056 or angie@edisonproperty.com.au for further information.

Property History for 48/46-48 Rutland Ave, Lathlain, WA 6100

A timeline of how this property has performed in the market
Last Sold
$315,000
27 May 2023
Listed for Rent
$480/w
19 Jul 2023
  • 07 Jul 2023
    Listed for Rent $480 / week
  • 27 May 2023
    Sold for $315,000
  • 04 May 2023
    Listed for Sale UNDER OFFER
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About Lathlain 6100

The size of Lathlain is approximately 1.6 square kilometres. It has 4 parks covering nearly 9.9% of total area. The population of Lathlain in 2011 was 3,037 people. By 2016 the population was 3,361 showing a population growth of 10.7% in the area during that time. The predominant age group in Lathlain is 30-39 years. Households in Lathlain are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Lathlain work in a professional occupation. In 2011, 66.7% of the homes in Lathlain were owner-occupied compared with 67% in 2016.

Lathlain has 1,905 properties. Over the last 5 years, Houses in Lathlain have seen a 77.38% increase in median value, while Units have seen a 34.52% increase. As at 31 August 2024:

  • The median value for Houses in Lathlain is $1,145,181 while the median value for Units is $548,542.
  • Houses have a median rent of $733 while Units have a median rent of $550.
There are currently 8 properties listed for sale, and 5 properties listed for rent in Lathlain on OnTheHouse. According to CoreLogic's data, 83 properties were sold in the past 12 months in Lathlain.

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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.