50A Mephan StreetMaylands WA 6051
Property Details for 50a Mephan St, Maylands
50a Mephan St, Maylands is a 3 bedroom, 2 bathroom House and was built in 1972. The property has a land size of 271m2 and floor size of 116m2. While the property is not currently for sale or for rent, it was last sold in October 2024. There are other 3 bedroom House sold in Maylands in the last 12 months.
Last Listing description (November 2024)
An extremely unique proposition is at hand in this fabulous location residing within 5km from the Perth City centre. Surrounded by boutique cafes, Maylands Peninsula Primary School and the John Forrest College catchment area. This location is also dressed by the iconic Swan River making evening and day time outings a treat.
The Investment potential of this green title property is absolutely outstanding. With an Airbnb return over the 2023/24 financial year grossing over $100,000 in rental return, making this one of the best residential investments on the market competing with commercial returns.
But that's not all that's on offer. For the owner occupier, this beautifully appointed and styled home has had a 2022 renovation and ready to move straight in with not a thing to do. Offering 3 generous size bedrooms ? 2 of which have large built in robes. The 2 bathrooms are both modern and well appointed maximising space and versatility with one bathroom accommodating the laundry.
The open plan living area will make you feel right at home with the newly renovated kitchen with stone benchtops, inbuilt dining booth and living area with French door access to the front courtyard.
The rear yard maximises the space available like no other. With an elevated deck area primed for entertaining and sheltered from the elements, whilst overlooking the manicured grassed area and garden below. This area also gives access to one of two storage areas on the property offering space for a handyman's workshop.
For the investor in the market, please feel free to request the profit and losses statement provided by the seller for the Airbnb.
Added features include
- Double under cover carport
- Custom integrated appliances in kitchen
- Low maintenance reticulated gardens
- Front and rear storage areas
- 2 x split system air conditioners
- Front and rear courtyards
- Master bedroom with French doors to private deck
- Furniture to be negotiated should the buyer desire
City of Bayswater - $2,370 p/a
Water Corporation - $1,017 p/a
Property History for 50a Mephan St, Maylands, WA 6051
- 21 Oct 2024Sold for $950,000
- 16 Oct 2024Listed for Sale UNDER CONTRACT!
- 19 Mar 2021Sold for $610,000
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0About 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 8,436 properties. Over the last 5 years, Houses in Maylands have seen a 64.01% increase in median value, while Units have seen a 85.09% increase. As at 28 February 2025:
- The median value for Houses in Maylands is $980,089 while the median value for Units is $511,610.
- Houses have a median rent of $800 while Units have a median rent of $540.
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