SOLD
Sold on 09 Jul 2024 for $1,120,000

11 Spring Avenue
Midland WA 6056

Bedrooms: 3
Bathrooms: 2
Car spaces: -
Floor area: 127m2
Land area: 2023m2
Sold By
Rachael O'Dowd
First National Real Estate O'Dowd
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Property Details for 11 Spring Ave, Midland

11 Spring Ave, Midland is a 3 bedroom, 2 bathroom House and was built in 1950. The property has a land size of 2023m2 and floor size of 127m2. 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 Midland in the last 12 months.

Building Type
House
Year Built
1950
Floor Size
127m2
Land Size
2023m2
Local Government
Swan
Lot/Plan
8/D023606

Last Listing description (September 2024)

Discover the epitome of investment potential with this remarkable property offering! Spanning an impressive 2023sqm, this parcel of land is a developer's dream, boasting current zoning (R40) for multiple dwellings. Falling under the esteemed Local Town Planning Scheme 17 and with its substantial size the property offers the flexibility for possibly higher-density projects, mirroring the success of neighbouring developments with units or apartments being possible subject to approvals of course. Benefit from an updated and well-maintained 3-bedroom, 2-bathroom home and big shed on the property, offering comfortable accommodation for immediate occupancy or rental income. This property represents a rare chance to secure a substantial landholding with both immediate and long-term investment opportunities. Whether you choose to move in and enjoy the existing amenities or capitalize on its development potential, the possibilities are endless.Seize this opportunity to secure your stake in a prime location poised for growth. For further details and to arrange a viewing (by appointment only) contact us today. Disclaimer: Prospective buyers are encouraged to conduct their own due diligence regarding zoning regulations, development feasibility, and any potential constraints. All development proposals are subject to council approval (STCA).Property features include;Big character3 large bedrooms2 bathroom Updated kitchen Combined kitchen/living and diningSleepout/studyJarrah flooring Air conditioningCeiling fansWrap around veranda Shed2023sqm block R40 zoning Nearby amenities 2km Swan Active 2.2km Midland Train Station 2.4km Midland Gate Shopping Centre3.4km St John of God Midland6.5km Swan Valley14.8km Perth Airport17.9km Perth CBD

Property History for 11 Spring Ave, Midland, WA 6056

A timeline of how this property has performed in the market
Last Sold
$1,120,000
09 Jul 2024
Listed for Rent
$390/w
21 Aug 2018
  • 09 Jul 2024
    Sold for $1,120,000
  • 16 Mar 2024
    Listed for Sale $1,400,000
  • 06 Jun 2018
    Listed for Rent $390 / week
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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 4,702 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.
There are currently 61 properties listed for sale, and 22 properties listed for rent in Midland on OnTheHouse. According to CoreLogic's data, 402 properties were sold in the past 12 months in Midland.

Suburb Insights for Midland 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.