OFF MARKET

41 Altone Road
Lockridge WA 6054

Bedrooms: 3
Bathrooms: 1
Car spaces: 4
Floor area: 129m2
Land area: 728m2
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Property Details for 41 Altone Rd, Lockridge

41 Altone Rd, Lockridge is a 3 bedroom, 1 bathroom House with 4 parking spaces and was built in 1985. The property has a land size of 728m2 and floor size of 129m2. While the property is not currently for sale or for rent, it was last sold in December 2016.

Building Type
House
Year Built
1985
Floor Size
129m2
Land Size
728m2
Local Government
Swan
Lot/Plan
133/P009508

Last Listing description (March 2017)

Numbers time - Five split-system reverse-cycle air conditioners, four car driveway, three bedrooms, three living areas, two toilets, two-car powered workshop, one gourmet galley-style kitchen makes this property the best value house on the market...and we haven't even discussed the development potential yet!
The block is rectangular in shape with 18.2 metre frontage, 40.2m depth and a total area of 728 square metres. The house is positioned towards the front and right hand side of the block, with over five metres of side access. The backyard is around 260 square metres in size. This property was recently re-zoned to R20/50 and has the potential for duplex development, subject to the normal approval process. There is around a one metre slope decline from the rear of the house to the back boundary, hence some earthworks would be required to realise the development potential here. The sewer line is just inside the back fence and crosses the block.
What if you are not interested in developing but just want to stay put and relax? Your three living areas include the front lounge room, living and meals room off the kitchen, and sunken games room with French doors overlooking the backyard, connected by polished timber floorboards. Did I mention that this is one of the highest blocks in Lockridge? Climb up on the new roof for glimpses of the city - maybe you will build a two-storey house here one day...

For investors, this property would rent for around $360 per week and appeal to a wide range of tenants. Property manager HouseSmart Real Estate would be delighted to find a tenant for you and may even be able to do so during the post-finance approval timeframe so that we have a tenant ready to go for settlement.
Located in the centre of Lockridge, you have direct road access through to both Morley Drive, Benara Road and Reid Highway. You will benefit from the current upgrading of Tonkin Highway once it is completed. There is public bus transport available on Altone Road. Schools abound with both Good Shepherd Catholic School and Lockridge Primary School within walking distance, and it is a short bicycle ride to Kiara College. The Altone Park Shopping Centre is just up the road for all your local shopping needs, or for something special you have the choice of Morley Galleria or Midland Gate.
View this property at the scheduled home open, or select a private viewing by clicking on the Book Inspection link.

Property History for 41 Altone Rd, Lockridge, WA 6054

A timeline of how this property has performed in the market
Last Sold
$355,000
12 Dec 2016
Listed for Rent
$365/w
15 Dec 2016
  • 12 Dec 2016
    Sold for $355,000
  • 25 Nov 2016
    Listed for Rent - Price not available
  • 15 Sep 2016
    Listed for Sale $369,000
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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 1,510 properties. Over the last 5 years, Houses in Lockridge have seen a 121.26% increase in median value, while Units have seen a 77.52% increase. As at 31 August 2024:

  • The median value for Houses in Lockridge is $663,997 while the median value for Units is $411,786.
  • Houses have a median rent of $520 while Units have a median rent of $430.
There are currently 5 properties listed for sale, and 1 property listed for rent in Lockridge on OnTheHouse. According to CoreLogic's data, 76 properties were sold in the past 12 months in Lockridge.

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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.