1 Elvire StreetMidland WA 6056
Property Details for 1 Elvire St, Midland
1 Elvire St, Midland is a 3 bedroom, 1 bathroom House and was built in 2018. The property has a land size of 927m2 and floor size of 115m2. While the property is not currently for sale or for rent, it was last sold in January 2022.
Last Listing description (March 2022)
Now is the time to invest for the future and prosper with Financial Return! Nestled within 150 metres of the Midland Gate Shopping Centre, City of Swan Administration Building, New Curtin University Building, Midland Health Campus, and more lies this beautiful property no 1 Elvire Street in Midland. This block boasts a 926sqm property with an R20 Current Zoning and previous Subdivision Approval ready to create 2 Big Large 450m2 properties. Elvire Street is a family orientated street with a multitude of long term owners residing which in turn offers safety, security, and familiarity to the new buyers. This property is an absolute No Brainer for a new developer or first home buyer.Being a block of this size in this prime location near the heart of Midland, the site offers 2 potential financial growth strategies. 1. Retain existing house and complete the existing subdivision approval ready to capitalize on some quick returns. 2. Remove existing house and build 2 beautiful new properties on 450m2 blocks with the option to sell or retain both. Characteristics of this beautiful property include house and land on a 926m2 block currently Zoned R20 with previous subdivision approval - currently suitable for 2 Beautiful 4 x 2 Homes. Short walk to Midland shops, walking distance to bus stop and train station, 15 minutes from Perth Airport, 25 mins to Perth CBD, Guildford Grammar School nearby, existing R.O.W to access rear property. The rear of this property backs onto a forever reserve.There is a sitting tenant who is very keen to stay on.Call today for more details.
Property History for 1 Elvire St, Midland, WA 6056
- 19 Jan 2022Sold for $342,000
- 06 Oct 2021Listed for Sale From $339 000
- 24 Sep 2017Sold for $349,000
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About Midland 6056
The size of Midland is approximately 4.4 square kilometres. It has 8 parks covering nearly 6.8% of total area. The population of Midland in 2011 was 5,109 people. By 2016 the population was 5,974 showing a population growth of 16.9% in the area during that time. The predominant age group in Midland is 20-29 years. Households in Midland are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Midland work in a trades occupation. In 2011, 39.8% of the homes in Midland were owner-occupied compared with 37.7% in 2016.
Midland has 4,703 properties. Over the last 5 years, Houses in Midland have seen a 81.84% increase in median value, while Units have seen a 109.17% increase. As at 31 October 2024:
- The median value for Houses in Midland is $599,686 while the median value for Units is $450,157.
- Houses have a median rent of $525 while Units have a median rent of $505.
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