SOLD
Are you the owner?
Sold on 03 Jul 2024 for $5,680,000

1925 Albany Highway
Maddington WA 6109

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 5433m2
Sold By
Luke Scarfone
Ross Scarfone Real Estate
Paul Scarfone
Ross Scarfone Real Estate
Save

Property Details for 1925 Albany Hwy, Maddington

Building Type
Land
Land Size
5433m2
Local Government
Gosnells
Lot/Plan
189/P003047

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

A timeline of how this property has performed in the market
Last Sold
$5,680,000
03 Jul 2024
  • 03 Jul 2024
    Sold for $5,680,000
  • 12 Jun 2024
    Listed for Sale Price on Application
  • 12 Jun 2023
    Listed for Sale Price on Application

Commute Calculator

Where to?
-
-
-
-

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 6,643 properties. Over the last 5 years, Houses in Maddington have seen a 122.22% increase in median value, while Units have seen a 118.95% increase. As at 31 December 2024:

  • The median value for Houses in Maddington is $637,496 while the median value for Units is $475,332.
  • Houses have a median rent of $620 while Units have a median rent of $545.
There are currently 55 properties listed for sale, and 15 properties listed for rent in Maddington on OnTheHouse. According to CoreLogic's data, 374 properties were sold in the past 12 months in Maddington.

What's around 1925 Albany Hwy, Maddington

Nearby Schools
Comparable Properties
Maddington Education Support Centre
0.21km
Maddington 6109
SpecialGovernmentP - 6Combined29 Enrolled
Maddington Primary School
0.23km
Maddington 6109
PrimaryGovernmentP - 6Combined204 Enrolled
St Francis' School
0.73km
Maddington 6109
SpecialNon-Government10 - 12Combined26 Enrolled
Bramfield Park Primary School
1.22km
Maddington 6109
PrimaryGovernmentP - 6Combined277 Enrolled
East Maddington Primary School
1.77km
Maddington 6109
PrimaryGovernmentP - 6Combined409 Enrolled
South East Metropolitan Language Development Centre - Maddington Campus
1.78km
Maddington 6109
SpecialNon-GovernmentCombined Enrolled
Thornlie Primary School
1.82km
Thornlie 6108
PrimaryGovernmentP - 6Combined384 Enrolled
Yule Brook College
2.2km
Maddington 6109
SecondaryGovernment7 - 10Combined240 Enrolled
Australian Islamic College (Thornlie)
2.27km
Thornlie 6108
CombinedNon-GovernmentP - 10Combined487 Enrolled
East Kenwick Primary School
2.29km
Kenwick 6107
PrimaryGovernmentP - 6Combined387 Enrolled

Suburb Insights for Maddington 6109

Market Insights
Maddington Trends for Houses
Median Value

$637k

20.74%
View Trend
Median Growth

24.89%

View Trend
Median Rent

$620/W

18.66%
View Trend
Rental Yield

5.24%

14.52%
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year (01/24 - 12/24)
Maddington 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

Population 11,359

0-9

 

15%

10-19

 

12%

20-29

 

15%

30-39

 

17%

40-49

 

13%

50-59

 

10%

60-69

 

9%

70-79

 

6%

80-89

 

3%

90-99

 

1%

Household Structure
Occupancy