12 Frederic St, Midland is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1935. The property has a land size of 1239m2 and floor size of 90m2. While the property is not currently for sale or for rent, it was last sold in December 2021.
With an idyllic location strolling distance from the hub of the City of Midland these two R60 zoned 1239m2 and 1077m2 sites with over 54m2 street frontage offer the prudent developer immediate passing income from the two homes, with a brilliant eye for the future, to reap rewards of the massive upswing anticipated in midland...
With over $4.7 billion being invested directly into the Midland region, it is set to become the medical and educational hub for West Australia's economy. This brilliant opportunity is the perfect investment with the ability to demolish both homes and capitalising on re-developing or better still, retain the superior home and redevelop the balance.
Ideally situated within walking distance to everything, the blocks back on to Blackaddar Creek and are close to benefit from the Midland Oval revamp.
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 4,741 properties. Over the last 5 years, Houses in Midland have seen a 71.41% increase in median value, while Units have seen a 95.26% increase. As at 31 August 2024:
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