SOLD
Sold on 30 Sep 2024 for $425,000

1/45 Bradley Way
Lockridge WA 6054

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 82m2
Land area: 100m2
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Property Details for 1/45 Bradley Way, Lockridge

1/45 Bradley Way, Lockridge is a 3 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1971. The property has a land size of 100m2 and floor size of 82m2. While the property is not currently for sale or for rent, it was last sold in September 2024. There are other 3 bedroom Unit sold in Lockridge in the last 12 months.

Building Type
Unit
Year Built
1971
Floor Size
82m2
Land Size
100m2
Local Government
Swan
Lot/Plan
1/S032301

Last Listing description (November 2024)

Welcome to this brilliantly reliable three-bedroom, one-bathroom unit in Lockridge! If you want a property that fits your lifestyle needs, then look no further as this property may be for you. Located in a secure gated complex in a great position close by schools, parks and shops, you are in a great position here to start your new life. The unit itself is low-maintenance, with modern features throughout including multiple air-conditioners, built in robes, and internal laundry features. Currently tenanted, this is a perfect opportunity to continue an ongoing investment with a high expected rental yield of approx. almost 8%, or alternatively move in after the lease end and make the most of the low-maintenance, picturesque lifestyle on offer here!Property Highlights:- Three-bedroom, one-bathroom property built in 1971- Approximately 100 square meters total lot size- Approximately 90 square meters internal floorspace- Multiple air conditioners throughout the home!- Built-in robes with mirrors to main bedrooms- Undercover parking area- Allocated car bay- Remote controlled secure gated complex- Internal laundry facilities- Bathroom with bath/shower combinationInvestor Summary:- This property is currently leased on a fixed term basis until June 2025, for $500 per week- Market rent for this property is approximately $575 per week- Based on a purchase price of $390,000 and market rent, the estimated rental yield for this property is 7.7%- HouseSmart Real Estate is highly active in Lockridge and the surrounding areas, and can provide high-quality property management services from settlement and beyond!Walking in to this complex the first thing you notice are the manicured gardens and lawn areas that bring a beautiful touch of greenery to the home. There are paths throughout to bring you from your unit to your allocated parking area, and the gate provides a secure parking area. This well-maintained complex is one that you can easily admire every time you walk outside your door.The unit is on the ground floor. Walking in the door you will come in to the entry area, which allows access to both the kitchen and on through to the living room. The kitchen is quite a good size and has all the room you need for cooking your favourite meals. There is also an open window-area in the wall which provides an outlook to the living room. This living area provides a great place to relax at the end of the day, with your family and friends.The kitchen layout means that there is a good amount of cupboards and benches for storage and cooking. Featured in this kitchen are a gas cook-top, a sink with a window looking out to the front of the unit, fridge space, and shelving for extra storage.The bedrooms are both a good size to comfortably relax in, whether using all three bedrooms, or utilizing one as a study or storage room, it's up to you. There is air conditioning to the larger two bedrooms, so you can keep cool in summer. The unit has carpets throughout the living and bedrooms. Nearby, the tiled bathroom makes your morning and evening routines easy with a shower, deep bath, and separate vanity.Sit out in the front courtyard with a cup of tea and simply enjoy the view, or watch the kids play on the paving area or lawn area. Stepping back outside the unit, it is a quick walk down to Rosher Park to throw the ball around or take a walk with the kids. Also within walking distance are Lockridge Primary School (1.0km), Good Shepherd Catholic School (1.0km), and a bus stop on Brathewaite Road.There is plenty to love about this unit, whether for yourself (move in) or for someone else (rent out). Whatever you decide, make sure you don't miss out as a unit this cutie is sure not to last long!

Property History for 1/45 Bradley Way, Lockridge, WA 6054

A timeline of how this property has performed in the market
Last Sold
$425,000
30 Sep 2024
Listed for Rent
$245/w
04 Oct 2018
  • 30 Sep 2024
    Sold for $425,000
  • 26 Sep 2024
    Listed for Sale From $389,000
  • 24 Jul 2018
    Listed for Rent - Price not available
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About Lockridge 6054

The size of Lockridge is approximately 1.4 square kilometres. It has 10 parks covering nearly 11.9% of total area. The population of Lockridge in 2011 was 3,566 people. By 2016 the population was 3,457 showing a population decline of 3.1% in the area during that time. The predominant age group in Lockridge is 40-49 years. Households in Lockridge are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Lockridge work in a labourer occupation. In 2011, 67.3% of the homes in Lockridge were owner-occupied compared with 65.7% in 2016.

Lockridge has 1,498 properties. Over the last 5 years, Houses in Lockridge have seen a 120.31% increase in median value, while Units have seen a 112.36% increase. As at 31 October 2024:

  • The median value for Houses in Lockridge is $663,273 while the median value for Units is $457,324.
  • Houses have a median rent of $575 while Units have a median rent of $595.
There are currently 5 properties listed for sale, and no properties listed for rent in Lockridge on OnTheHouse. According to CoreLogic's data, 59 properties were sold in the past 12 months in Lockridge.

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Adam Bettison
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HouseSmart Real Estate Pty Ltd
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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.