OFF MARKET

7/59 Rosher Road
Lockridge WA 6054

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 68m2
Land area: 88m2
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 11 Nov 2024
Low

High
Save

Property Details for 7/59 Rosher Rd, Lockridge

7/59 Rosher Rd, Lockridge is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1970. The property has a land size of 88m2 and floor size of 68m2. While the property is not currently for sale or for rent, it was last sold in October 2023.

Building Type
Unit
Year Built
1970
Floor Size
68m2
Land Size
88m2
Local Government
Swan
Lot/Plan
7/S033308

Last Listing description (December 2023)

Welcome to this brilliantly reliable two-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 directly opposite an oval and bush reserve, you are surrounded by greenery and nature; with daily walks on offer or ability to kick a ball around with family or friends, right outside your own doorstep. The unit itself is low-maintenance, with a modern bathroom, two good sized bedrooms, and air conditioning to keep you cool. Not to mention the balcony which overlooks the oval! Currently tenanted, this is a perfect opportunity to continue an ongoing investment with a high expected rental yield of around 8%, or alternatively move in after the lease end and make the most of the low-maintenance, picturesque lifestyle on offer here!Property Highlights:- Two bedroom, one-bathroom unit originally built in 1970- 88 square meters total lot size- 68 square meters internal floorspace- Ducted evaporative air conditioning throughout!- Built-in-wall air-conditioning in main living space- Private balcony overlooking oval- Allocated car bay- Remote controlled secure gated complex- Internal laundry facilities- Good sized kitchen with gas cook-top- Strata fees of approximately $760 per quarterInvestor Summary:- This property is currently tenanted on a fixed term basis until June 2024, for $350 per week- Market rent for 7/59 Rosher Road is approximately $395 per week- Based on a purchase price of $250,000 and market rent, the estimated rental yield for this property is a massive 8.24%!- HouseSmart Real Estate is highly active in Lockridge and the surrounding areas, and can provide high-quality property management services throughout the duration of the tenancy and beyond.Walking in to this complex the first thing you notice are the manicured gardens and lawn areas that are hard to find in strata complexes nowadays. There are paths throughout to bring you from your unit to your allocated parking area, or through the coded pedestrian gate to the walkway outside. This well-maintained complex is one that you can easily admire every time you walk outside your door.The unit is on the second floor, which adds another layer of security. Walking in the door you will immediately see in front of you the balcony, which has been well positioned to allow for an exterior view from the kitchen or living area, as well as providing lots of natural light to the home. There is another large window to the living area which also provides a nice view.The kitchen layout means that there is a good amount of cupboards and benches for storage and cooking, as well as a bench stop space looking out to the living area, for chatting with guests and family whilst in the kitchen, or serving up a dish or cup of coffee. 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 down-lights for maximum lighting.The bedrooms are both a good size to comfortably relax in, whether using both bedrooms, or utilizing one as a study or storage room, it's up to you. There is ducted air conditioning, as well as a wall air conditioner to the living area, so you can keep cool in summer. The unit has carpets throughout the living and bedrooms. Nearby, the tiled bathroom has been complete with internal laundry features, so you don't have to share a common laundry area. This bathroom makes your morning and evening routines easy with an area for a washing machine, a shower area, separate toilet, and sink/vanity.Admire the birds at the nearby lake from your private balcony, or sit out here with a cup of tea and simply enjoy the view. Stepping back outside the unit, it is a quick walk across the road to the oval/lake. Also within walking distance are Lockridge Primary School (5 min walk/240 m), Good Shepherd Catholic School (10 min/1.1km), and a bus stop that will take you to Altone Park Shopping Centre, Morley Galleria, and Bassendean Train Station.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 cute is sure not to last long!

Property History for 7/59 Rosher Rd, Lockridge, WA 6054

A timeline of how this property has performed in the market
Last Sold
$250,000
17 Oct 2023
Listed for Rent
$350/w
15 Jun 2022
  • 17 Oct 2023
    Sold for $250,000
  • 16 Oct 2023
    Listed for Sale Not Disclosed
  • 01 Jun 2022
    Listed for Rent $350 / week
Sign in to see more transactions

Commute Calculator

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.

Suburb Insights for Lockridge 6054

Market Insights
Lockridge Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Lockridge Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
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.