12/5 Keane St, Midland is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2010. The property has a land size of 120m2 and floor size of 86m2. While the property is not currently for sale or for rent, it was last sold in October 2024. There are other 2 bedroom Unit sold in Midland in the last 12 months.
Welcome to this gorgeous, well-designed property in the heart of Midland - nearby shops, schools and transport links, this property has everything you need in a home. Whether looking for an investment of a low-maintenance home of your own, this property has something for everyone. With an open-plan living and dining area, large modern kitchen, separate study area, and two bedrooms, this unit has more than meets the eye - make sure that you don't miss out!Property Highlights:- Two-bedroom, two-bathroom property built in 2010- Approximately 120 square meters total size- Approximately 85 square meters total internal size- Elevated position within complex (floor 2) with views over surrounding area- Secure parking to the complex- Intercom/fob security access to the complex and elevator access to floor- Fenced & gated front courtyard area- Air conditioning to living / dining area- Front study/separate living area- Tucked-away main bedroom with private ensuite- Built in robes to both bedrooms- Internal laundry features with sliding door access- Fully equipped modern kitchen areaInvestor Summary:- This property is currently leased on a fixed term basis until June 2025, for $540 per week- Market rent for this property is approximately $550 per week- Based on a purchase price of $400,000, the estimated rental yield for this property is 7.15%- This property is on a strata complex with rates of approximately $1,075.25 per quarter- HouseSmart is highly active in Midland and surrounding areas and can provide Property Management Services throughout the course of the sale and beyond.The modern kitchen is a chef's delight, boasting ample storage, quality appliances, and a sleek design that makes meal preparation both easy and enjoyable. The adjacent internal laundry room adds a layer of practicality often sought but rarely found in apartment living.Both bedrooms are well-proportioned, with the master featuring built-in robes and a private ensuite, ensuring a peaceful retreat from the lively pulse of the city. The second bedroom also includes built-in robes and is serviced by a central bathroom that reflects the home's modern aesthetic with its clean lines and quality fittings.Additional features that elevate this property include air conditioning for year-round comfort, a secure parking space, and intercom/fob security access, providing both convenience and peace of mind. The complex itself is well-maintained, showcasing modern architecture and a welcoming community atmosphere.With shops, schools, and transport links just moments away, this apartment is not only a comfortable home but also a smart investment, currently leased until June 2025 at $540 per week. HouseSmart Real Estate, with Adam Bettison as your contact, is ready to provide exceptional service and insights into the Midland market.Whether you're a discerning investor or seeking a stylish, low-maintenance home, this apartment at 5 Keane Street offers a unique opportunity to own a piece of Midland's dynamic urban tapestry.
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:
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