SOLD
Sold on 16 Jun 2024 for $475,000

9/9 Kirkham Hill Terrace
Maylands WA 6051

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 68m2
Land area: 68m2
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Property Details for 9/9 Kirkham Hill Tce, Maylands

9/9 Kirkham Hill Tce, Maylands is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1977. The property has a land size of 68m2 and floor size of 68m2. While the property is not currently for sale or for rent, it was last sold in June 2024. There are other 2 bedroom Unit sold in Maylands in the last 12 months.

Building Type
Unit
Year Built
1977
Floor Size
68m2
Land Size
68m2
Local Government
Bayswater
Lot/Plan
9/S005269

Last Listing description (July 2024)

Welcome home to this fully renovated, light-filled two-bedroom, one-bathroom unit in Maylands. Originally constructed in 1977, the unit holds a spacious 68 square meterage (approx.) including two large bedrooms, a spacious open plan living and dining area, and modern kitchen. With a window looking out to the city from the kitchen, and on to the Swan River from the living area and exterior yard, you can settle in comfortable to enjoy the picturesque 'painting' of a view. Currently rented out, this unit poses a great ongoing investment opportunity, with ability to move in down the line. There is a lot to love about this unit, but even better is seeing it in real life - book a viewing today!Property Highlights:- Two-bedroom, one-bathroom unit built in 1977- Internal living space of approx. 68 square meters- Positioned privately towards the rear of the complex- Modern kitchen with double sink, gas cooking, views to city- Split system air conditioning to living area- Stylish floorboards, throughout living/dining area- Mirrored built in robe to main bedroom- Allocated parking spaceInvestor Summary:- This property is currently leased at $520 per week until April 2024- Market rent for 9/9 Kirkham Hill Terrace is approximately $550 per week- Based on a purchase price of $470,000 and market rent, the estimated gross annual rental yield is 6%!- HouseSmart Real Estate is highly active in Maylands and the surrounding areas, and can provide high-quality property management services throughout the duration of sale and beyond.Complex Highlights:- Visitors parking bays- Undercover parking bays- Rates of approximately $735 per quarterThe whole house has been renovated since the property's build, and is now complete with a modern kitchen design, as well as many contemporary features throughout. The interior of the apartment is light filled and designed to have an open, bright design, to make the home feel spacious. The flooring to the living and kitchen area is a stylish laminate floorboard look, seamlessly joining the living areas together. There is lots of room for you to spread out and enjoy the room. Towards the back end, there is a sliding door, which opens out to the rear yard, and allows a view of the river right from the moment you walk in to the room.The kitchen has been renovated with and is now complete with a modern design of white cabinetry and a black benchtop, overhead cupboards, and a stainless steel sink. There is also an electric oven and cooktop, so you can easily cook up your favourite meals. The window here has a beautiful view, from which you can see the CBD and the Swan River. Imagine making dinner here with the sunset in the background!Both bedrooms in the home are quite a nice size. For storage, the main bedroom has a mirrored built in robe to put your clothes and other goods. The second bedroom can easily be used as a study or a guest room. Nearby is the bathroom, which has full-wall tiling with a marble design, as does the laundry area. The shower has a deep base which prevents spillage.Outside of the unit, there is the exterior yard, which looks out over the river. There is a paved section here which you can put down some chairs to sit and make the most of the view. Walking outside of the home, you have reserves nearby where you can stretch your legs, or walk down to the river which has pathways along it where you can go for a run or walk. Maylands Peninsula Primary School is short approx. 4 minute drive, Coles Maylands approx. 3 minutes, and Maylands Train Station at approx. 4 minutes drive. There are plentiful cafe's, restaurants, and bars all surrounding the area to, so you can enjoy the lifestyle on offer!This apartment is not only situated in an alluring location, but it is completed with a renovated interior and amazing internal design, suitable to move in or rent out - for a high estimated rental yield. There is a lot to love about this home, which has been well looked after and can continue to provide a fair investment - make sure that you don't miss out!

Property History for 9/9 Kirkham Hill Tce, Maylands, WA 6051

A timeline of how this property has performed in the market
Last Sold
$475,000
16 Jun 2024
Listed for Rent
$520/w
15 Apr 2023
  • 16 Jun 2024
    Sold for $475,000
  • 25 Mar 2024
    Listed for Sale From $469,000
  • 22 Mar 2023
    Listed for Rent $520 / 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 8,416 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 57 properties listed for sale, and 14 properties listed for rent in Maylands on OnTheHouse. According to CoreLogic's data, 523 properties were sold in the past 12 months in Maylands.

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Adam Bettison
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HouseSmart Real Estate Pty Ltd
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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.