SOLD
Sold on 08 Oct 2024 for $420,000

12/5 Keane Street
Midland WA 6056

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 86m2
Land area: 120m2
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Property Details for 12/5 Keane St, Midland

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.

Building Type
Unit
Year Built
2010
Floor Size
86m2
Land Size
120m2
Local Government
Swan
Lot/Plan
12/S059463

Last Listing description (November 2024)

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.

Property History for 12/5 Keane St, Midland, WA 6056

A timeline of how this property has performed in the market
Last Sold
$420,000
08 Oct 2024
Listed for Rent
$475/w
23 Jun 2023
  • 08 Oct 2024
    Sold for $420,000
  • 02 Oct 2024
    Listed for Sale From $399,000
  • 31 May 2023
    Listed for Rent $475 / 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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Contact agent
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.