SOLD
Sold on 15 Dec 2023 for $176,000

13/27 Old Great Northern Highway
Midland WA 6056

Bedrooms: -
Bathrooms: -
Car spaces: 1
Floor area: 34m2
Land area: 34m2
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Property Details for 13/27 Old Great Northern Hwy, Midland

Building Type
Commercial
Year Built
1989
Floor Size
34m2
Land Size
34m2
Local Government
Swan
Lot/Plan
13/S017402

Last Listing description (February 2024)

A perfect opportunity on offer to take over a premises that has been operating as a hair salon for the last 10 years.The fixtures onsite have already been removed and the property is being sold vacant possession, so this is a great opportunity to to capitalise on the past trade at this location.Perfect for a men's Barber Shop as well being located across the road from the 7th Ave Bar & Restaurant.Prime location at the front of the building and opposite the the Ritz Cafe.A cracking opportunity for an astute operator who can ride on the premises past trade.For Further info and Inspection contact Cambell Giles.

Property History for 13/27 Old Great Northern Hwy, Midland, WA 6056

A timeline of how this property has performed in the market
Last Sold
$176,000
15 Dec 2023
Listed for Rent
$9.54k/w
20 Jun 2023
  • 15 Dec 2023
    Sold for $176,000
  • 09 Sep 2022
    Listed for Sale $165,000 + GST or Lease $9540 + OG & GST
  • 09 Sep 2022
    Listed for Rent $9,540 / year
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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 62 properties listed for sale, and 20 properties listed for rent in Midland on OnTheHouse. According to CoreLogic's data, 400 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.