SOLD
RECENT ADVICE
Sold on 25 Jun 2024 for $750,000

3 Devon Way
Lynwood WA 6147

Bedrooms: 3
Bathrooms: 1
Car spaces: 5
Floor area: 119m2
Land area: 853m2
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Property Details for 3 Devon Way, Lynwood

3 Devon Way, Lynwood is a 3 bedroom, 1 bathroom House with 5 parking spaces. The property has a land size of 853m2 and floor size of 119m2. While the property is not currently for sale or for rent, it was last sold in June 2024. There are other 3 bedroom House sold in Lynwood in the last 12 months.

Building Type
House
Floor Size
119m2
Land Size
853m2
Local Government
Canning
Lot/Plan
322/P008728

Last Listing description (June 2024)

Fixed Date Sale - Must be sold on or before the 23rd of June 2024. All offers will be presented as soon as they are written up, an offer may be accepted before the end date.

First home open is this Sunday at 1:00 - 1:30pm. 9/6/24

Are you an astute investor looking for your next big opportunity? Look no further than 3 Devon Way, Lynwood! This exceptional property is zoned R30, offering a myriad of possibilities for savvy developers and investors alike.

Property Highlights:

Prime Location: Situated in the thriving suburb of Lynwood, this property offers easy access to essential amenities, including schools, shopping centres, parks, and public transport.
R30 Zoning: Unlock the potential for development with R30 zoning, providing the opportunity for medium-density residential projects.
Generous Land Size: The spacious lot allows for multiple dwelling constructions, maximising your return on investment.
Existing Dwelling: An existing home provides rental income potential while you plan your development.
Future Growth: Lynwood is a suburb on the rise, with increasing demand for quality housing, ensuring a solid future return.

Features of the Existing Home:
3 Bedrooms, 1 Bathroom
Separate lounge room
Open plan living and dining area
Large backyard with potential for landscaping or additional structures
Undercover carport

Why Invest in Lynwood?

850m to Lynwood Supa IGA Shopping Centre
3.6km to Westfield Carousel Shopping Centre
2km to Lynwood Senior High School
750m to Bannister Creek Primary School
Potential Rental of $580 - $650 per week on the original home
Strong Rental Demand: With its convenient location and growing community, Lynwood is a hotspot for renters.
Proximity to Infrastructure: Close to major roads, public transport options, and the expanding commercial hubs of Perth.
Community Focused: Family-friendly atmosphere with a range of local schools, parks, and recreational facilities.
Don't miss out on this rare opportunity to secure a prime piece of real estate in a booming area. Whether you're looking to develop now or hold for future gains, 3 Devon Way, Lynwood is the investment you've been searching for!

This property is sold AS IS, there will be no good working order annexure.

Contact Us Today!

Need help with finance? I can help, don't be the buyer who misses out because of finance, a quick call from me and I can have one of our brokers get in touch with you to discuss your finance needs all at no cost to you.

Call Shaun or Harjit Benwath for a viewing on 0481 084 501 or 0407 987 350

DISCLAIMER: Whilst every care has been taken with the preparation of the particulars contained in the information supplied, believed to be correct, neither the Agent nor the client nor servants of both, guarantee their accuracy. Interested persons are advised to make their own inquiries and satisfy themselves in all respects. The particulars contained are not intended to form part of any contract.

Property History for 3 Devon Way, Lynwood, WA 6147

A timeline of how this property has performed in the market
Last Sold
$750,000
25 Jun 2024
Listed for Rent
$200/w
13 Dec 2006
  • 07 Jun 2024
    Sold for $750,000
  • 06 Jun 2024
    Listed for Sale Fixed date sale! Must be sold!!
  • 24 Nov 2006
    Listed for Rent - Price not available
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About Lynwood 6147

The size of Lynwood is approximately 1.8 square kilometres. It has 13 parks covering nearly 18.7% of total area. The population of Lynwood in 2011 was 3,146 people. By 2016 the population was 3,436 showing a population growth of 9.2% in the area during that time. The predominant age group in Lynwood is 30-39 years. Households in Lynwood are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Lynwood work in a professional occupation. In 2011, 72.8% of the homes in Lynwood were owner-occupied compared with 70% in 2016.

Lynwood has 1,818 properties. Over the last 5 years, Houses in Lynwood have seen a 103.79% increase in median value, while Units have seen a 66.60% increase. As at 31 October 2024:

  • The median value for Houses in Lynwood is $732,799 while the median value for Units is $507,280.
  • Houses have a median rent of $660 while Units have a median rent of $390.
There are currently 21 properties listed for sale, and 4 properties listed for rent in Lynwood on OnTheHouse. According to CoreLogic's data, 84 properties were sold in the past 12 months in Lynwood.

Suburb Insights for Lynwood 6147

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Contact agent
Shaun Benwath
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Harjit Benwath
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Beyond Real Estate
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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.