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Sold on 09 Oct 2024 for $400,000

12/3 Ferguson Street
Maylands WA 6051

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 62m2
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Property Details for 12/3 Ferguson St, Maylands

12/3 Ferguson St, Maylands is a 2 bedroom, 1 bathroom Apartment with 1 parking spaces and was built in 1967. The property has a floor size of 62m2. While the property is not currently for sale or for rent, it was last sold in October 2024. There are other 2 bedroom Apartment sold in Maylands in the last 12 months.

Building Type
Apartment
Year Built
1967
Floor Size
62m2

Last Listing description (October 2024)

**Your Second Chance - Don't Miss Out Again!!**

With a beautifully renovated kitchen and living areas, reverse cycle air conditioning, an elevated airy location, a spacious master bedroom and a renovated bathroom with internal laundry facilities this fantastic ground floor apartment has a lovely fresh feel and would be a superb buy for a first home buyer or an investor looking for a great rental return.

As an added bonus and ideal for the cooking enthusiast the stove has recently been upgraded to an induction cooktop, together with an upgrade to the power to the apartment (updated since the most recent photos). The master bedroom includes a nice modern built in robe, and the bathroom has a wide vanity unit with plenty of storage. The shelving in the second bedroom also comes with the unit.

The Ferguson Court complex (3 to 5 Ferguson Street) is a small complex of just 20 apartments overlooking DeLacy Reserve. Being fairly elevated, many of the apartments have beautiful views of the surrounding suburbs and the Darling Range, as well as DeLacy reserve which is less than 100m away. The complex is in a lovely quiet & convenient location being around 750m to the nearest Coles Shopping Centre, 800m to the Baigup Wetlands and Swan River, 1.3kms to Maylands Train Station & Café Strip, and around 5.9kms to Perth City center.

Features at a Glance:
•2 Bed 1 Bath 1 Allocated Under Cover Car Bay
•62m2 Internally on Strata Plan (671 sq. ft) + Allocated Car Bay
•Renovated kitchen with new induction cook top and electric oven
•Renovated bathroom/internal laundry
•Reverse cycle air conditioning to living area
•Electric hot water system
•Great location less than 100m to Gibney Reserve, 750m to Coles Shopping Centre, 800m to the Baigup Wetlands and Swan River, 1.3kms to Maylands Train Station & Café Strip, and around 5.9kms to Perth City center
•Complex was built in 1967 but has been renovated and maintained extensively
•Potential rent of around $480 per week
•Strata Management Fees $684/qtr + Reserve $75/qtr = $759 Total/Quarter
•Council Rates: $1,713 p/a Water Rates: approximately $890 p/a (water usage common to whole complex)

Property History for 12/3 Ferguson St, Maylands, WA 6051

A timeline of how this property has performed in the market
Last Sold
$400,000
09 Oct 2024
Listed for Rent
$350/w
13 Oct 2022
  • 09 Oct 2024
    Sold for $400,000
  • 16 Sep 2024
    Listed for Sale Under Offer
  • 28 Sep 2022
    Listed for Rent $350 / week
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About Maylands 6051

The size of Maylands is approximately 5 square kilometres. It has 18 parks covering nearly 30.3% of total area. The population of Maylands in 2011 was 12,353 people. By 2016 the population was 12,577 showing a population growth of 1.8% in the area during that time. The predominant age group in Maylands is 30-39 years. Households in Maylands are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Maylands work in a professional occupation. In 2011, 45.8% of the homes in Maylands were owner-occupied compared with 47.9% in 2016.

Maylands has 8,421 properties. Over the last 5 years, Houses in Maylands have seen a 69.25% increase in median value, while Units have seen a 90.92% increase. As at 30 November 2024:

  • The median value for Houses in Maylands is $965,478 while the median value for Units is $502,454.
  • Houses have a median rent of $780 while Units have a median rent of $520.
There are currently 59 properties listed for sale, and 9 properties listed for rent in Maylands on OnTheHouse. According to CoreLogic's data, 561 properties were sold in the past 12 months in Maylands.

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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.