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Sold on 16 Jan 2024 for $295,000

8/19 Joseph Street
Maylands WA 6051

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
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Property Details for 8/19 Joseph St, Maylands

8/19 Joseph St, Maylands is a 2 bedroom, 1 bathroom Unit with 1 parking spaces. While the property is not currently for sale or for rent, it was last sold in January 2024. There are other 2 bedroom Unit sold in Maylands in the last 12 months.

Building Type
Unit

Last Listing description (January 2024)

This could be a great rental property for an investor or an extremely affordable starter home for a first home buyer. This tidy two bedroom unit has been renovated inside with a new kitchen layout and cupboards. It has a modern open plan layout in the kitchen/dining/living and it has its own internal laundry facilities in the combined bathroom/laundry. It also has a beautiful enclosed balcony/porch looking out over the front lawn.

Mount Prospect Apartments (19 Joseph Street) is a low maintenance secure complex of 50 units with low strata fees, full perimeter fencing, an automatic gate to the carpark and keypad controlled pedestrian gates. It's only 700m from Swan River parkland (Berringa Park), 700m from the nearest Coles Supermarket, 900m to the Maylands Café Strip and 1.2km walk from Maylands Train Station. It's nice and secure and very central for those looking to enjoy the cafes, bars, restaurants and entertainment Maylands, Inglewood, Mount Lawley and Perth City have to offer.

Features at a Glance:

• 2 Bed 1 Bath 1 Balcony 1 Car Bay (non-allocated)
• 59m2 internally on strata plan + 3m2 balcony = 62m2 Total
• Central location close to shops/river/public transport. Around 350m to the nearest bus stop, around 700m to Swan River parkland reserve, 1km to Maylands Peninsula Public Golf Course, 1.2kms to Maylands Train Station & Café Strip and around 5kms to the City Centre.
• Complex built in 1970 but well maintained and apartment renovated internally
• Currently rented at $350 per week on a periodic tenancy (market rate maybe closer to $400/week now)
• Strata Admin Fee $550/qtr + Strata Reserve $55/qtr = $605/qtr
• Council Rates: $1,661 p.a. Water Rates: $799 p.a.
• Please note: Underground power is scheduled to come to this part of Maylands in the next 12 months. Bills have not yet been received but are estimated to be around $2,500 per property after being subsidized by the State Government. This will be a benefit to buyers by improving the area but the buyers of this property will need to plan to pay for the underground power in the near future.

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Property History for 8/19 Joseph St, Maylands, WA 6051

A timeline of how this property has performed in the market
Last Sold
$295,000
16 Jan 2024
Listed for Rent
$450/w
29 May 2024
  • 17 May 2024
    Listed for Rent $450 / week
  • 16 Jan 2024
    Sold for $295,000
  • 13 Oct 2023
    Listed for Sale From $289,000
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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 8,421 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 58 properties listed for sale, and 9 properties listed for rent in Maylands on OnTheHouse. According to CoreLogic's data, 557 properties were sold in the past 12 months in Maylands.

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