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Sold on 13 Jul 2024 for $575,000

8 Rayleigh Street
Middle Swan WA 6056

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 92m2
Land area: 981m2
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Property Details for 8 Rayleigh St, Middle Swan

8 Rayleigh St, Middle Swan is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1978. The property has a land size of 981m2 and floor size of 92m2. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 3 bedroom House sold in Middle Swan in the last 12 months.

Building Type
House
Year Built
1978
Floor Size
92m2
Land Size
981m2
Local Government
Swan
Lot/Plan
54/P002433

Last Listing description (April 2021)

981 m2 development potentialThis property is now on the market with a 3 bedroom 1 bathroom home which is currently rented. Tenant happy to stay as long as possible.Air condition, Gas hot plate, good size living area. 2 sheds, lock up garage. Large patio area and plenty of room. This is a great opportunity with too many possibilities, keep as an investment, renovate and have a great home on a huge block with room for huge shed, pool and even a tennis court. This along with the property next door at number 6 Rayleigh Street, totals 1962 m2 of development potential (subject to council approvals) There are endless possibilities here for both properties together or separately.Middle Swan is a hotspot for investors and developers. Perfectly located close to all local amenities and approx 3 km from Midland Gate Shopping Centre,.Check home open times or call me for a viewing outside home open times.

Property History for 8 Rayleigh St, Middle Swan, WA 6056

A timeline of how this property has performed in the market
Last Sold
$575,000
13 Jul 2024
Listed for Rent
$340/w
03 Sep 2011
  • 13 Jul 2024
    Sold for $575,000
  • 27 Feb 2021
    Listed for Sale $455,000
  • 24 Nov 2017
    Sold for $300,000
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About Middle Swan 6056

The size of Middle Swan is approximately 12.8 square kilometres. It has 10 parks covering nearly 5.3% of total area. The population of Middle Swan in 2011 was 2,702 people. By 2016 the population was 2,857 showing a population growth of 5.7% in the area during that time. The predominant age group in Middle Swan is 20-29 years. Households in Middle Swan are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Middle Swan work in a trades occupation. In 2011, 66.9% of the homes in Middle Swan were owner-occupied compared with 67.6% in 2016.

Middle Swan has 1,430 properties. Over the last 5 years, Houses in Middle Swan have seen a 110.59% increase in median value, while Units have seen a 152.73% increase. As at 31 October 2024:

  • The median value for Houses in Middle Swan is $665,068 while the median value for Units is $475,241.
  • Houses have a median rent of $590 while Units have a median rent of $313.
There are currently 10 properties listed for sale, and 1 property listed for rent in Middle swan on OnTheHouse. According to CoreLogic's data, 52 properties were sold in the past 12 months in Middle swan.

Suburb Insights for Middle Swan 6056

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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.