SOLD
Sold on 23 Jul 2024 for $425,000

5/88 Peninsula Road
Maylands WA 6051

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 67m2
Land area: 67m2
Sold By
Porter Matthews Metro
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Property Details for 5/88 Peninsula Rd, Maylands

5/88 Peninsula Rd, Maylands is a 2 bedroom, 1 bathroom Townhouse with 1 parking spaces and was built in 1977. The property has a land size of 67m2 and floor size of 67m2. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 2 bedroom Townhouse sold in Maylands in the last 12 months.

Building Type
Townhouse
Year Built
1977
Floor Size
67m2
Land Size
67m2
Local Government
Bayswater
Lot/Plan
5/S005139

Last Listing description (August 2024)

Discover this secure 2bedroom 1 bathroom villa in a small group offering some modern comforts as well as the convenience of a perfect blend of location, space, and lifestyle for a young first home buying couple or investor looking to be on the doorstep to the bustling Perth CBD, Swan River, Beaufort St Cafe Strip as well as transportation. With a fixed-term tenant paying $450 until January 28th 2025 you can set and forget in the short term until you are ready to move in or renew the lease.Key Features:- Built in 1977 this villa is at the rear of a small intimate group of 8.- Featuring 2 bedrooms 1 bathroom (67m pls carport)- Separate undercover carport space- Large open plan airconditioned family/ dining area- Feature renovated kitchen and bathroom - Master bedroom with built-in robing- Good size second bedroom- Location: Prime position in vibrant Maylands, close to cafes, shops, and public transport.- Current Fixed Term Lease at $450 per week until 28/01/25. Rent amount will increase to $475 per week from 29/07/24.- Quarterly Strata Fees $825 inclusive of $25 reserve fundWater rates: $893.46 p/a (approx.)Council rates: $1697.40 p/a (approx.)Disclaimer: Whilst every care has been taken in the preparation of this advertisement, accuracy cannot be guaranteed. Prospective purchasers should make their own enquiries to satisfy themselves on all pertinent matters. Details herein do not constitute any representation by the Vendor or the agent and are expressly excluded from any contract.

Property History for 5/88 Peninsula Rd, Maylands, WA 6051

A timeline of how this property has performed in the market
Last Sold
$425,000
23 Jul 2024
Listed for Rent
$285/w
27 May 2019
  • 23 Jul 2024
    Sold for $425,000
  • 26 Jun 2024
    Listed for Sale SOLD
  • 17 May 2019
    Listed for Sale EOI Fr $279,000+
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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 8,414 properties. Over the last 5 years, Houses in Maylands have seen a 62.59% increase in median value, while Units have seen a 67.80% increase. As at 31 August 2024:

  • The median value for Houses in Maylands is $929,234 while the median value for Units is $464,536.
  • Houses have a median rent of $750 while Units have a median rent of $500.
There are currently 53 properties listed for sale, and 12 properties listed for rent in Maylands on OnTheHouse. According to CoreLogic's data, 518 properties were sold in the past 12 months in Maylands.

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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.