1925 Albany HighwayMaddington WA 6109
Property Details for 1925 Albany Hwy, Maddington
Last Listing description (August 2024)
First time offered, huge development site of 12,943 square metres zoned "Highway Commercial" plus rear residential lot of 5,427 square metres zoned "Residential R80".Perfect for Commercial/Residential development in prime location. Owners have already commenced ground works to part of the premises, holding D/A and documents for 59 apartments, saving the buyer substantial costs. The property currently has no leases in place and will be sold as vacant possession. It is located on the Southwest side of Albany Highway less than a hundred meters from the busy intersection of Kelvin/Olga Road and Albany Highway and within walking distance to the Maddington Railway Station and Maddington Shopping Centre. Very accessible to all parts of the Metropolitan area via Albany and Tonkin Highways. Further information or to arrange an inspection please contact Paul Scarfone 0418 929 795 or Luke Scarfone 0499 502 211.
Property History for 1925 Albany Hwy, Maddington, WA 6109
- 03 Jul 2024Sold
- 12 Jun 2024Listed for Sale Price on Application
- 12 Jun 2023Listed for Sale Price on Application
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About Maddington 6109
The size of Maddington is approximately 10.8 square kilometres. It has 29 parks covering nearly 8.9% of total area. The population of Maddington in 2011 was 9,986 people. By 2016 the population was 11,359 showing a population growth of 13.7% in the area during that time. The predominant age group in Maddington is 30-39 years. Households in Maddington are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Maddington work in a trades occupation. In 2011, 70% of the homes in Maddington were owner-occupied compared with 68% in 2016.
Maddington has 6,596 properties. Over the last 5 years, Houses in Maddington have seen a 120.61% increase in median value, while Units have seen a 70.44% increase. As at 31 July 2024:
- The median value for Houses in Maddington is $628,438 while the median value for Units is $427,541.
- Houses have a median rent of $580 while Units have a median rent of $500.
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