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Sold on 29 Nov 2024 for $455,000

2/2 Margaret Street
Midland WA 6056

Bedrooms: 2
Bathrooms: 1
Car spaces: 3
Floor area: 57m2
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Property Details for 2/2 Margaret St, Midland

2/2 Margaret St, Midland is a 2 bedroom, 1 bathroom Unit with 3 parking spaces and was built in 1994. The property has a floor size of 57m2. While the property is not currently for sale or for rent, it was last sold in November 2024. There are other 2 bedroom Unit sold in Midland in the last 12 months.

Building Type
Unit
Year Built
1994
Floor Size
57m2

Last Listing description (November 2024)

Discover this neat and tidy 2-bedroom unit in a small complex of four. With new flooring, fresh paint, and a brand-new oven, it offers a comfortable living space. The low strata insurance of $480 per annum keeps costs manageable, making it an excellent choice for first home buyers or investors.

Conveniently located near major shopping centres, medical facilities, and Midland TAFE, this unit is perfect for those seeking accessibility. A nearby bus stop and proximity to key amenities enhance its appeal, while ongoing infrastructure projects promise future growth.

Don't miss your chance to secure this affordable home in a thriving area. Act now and make it yours!

Disclaimer:
This information is provided for general information purposes only and is based on information provided by the Seller and may be subject to change. No warranty or representation is made as to its accuracy and interested parties should place no reliance on it and should make their own independent enquiries.

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Property History for 2/2 Margaret St, Midland, WA 6056

A timeline of how this property has performed in the market
Last Sold
$455,000
29 Nov 2024
  • 19 Nov 2024
    Sold for $455,000
  • 07 Oct 2024
    Listed for Sale $439,000+
  • 28 Apr 2001
    Sold for $85,000
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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 4,777 properties. Over the last 5 years, Houses in Midland have seen a 79.53% increase in median value, while Units have seen a 113.05% increase. As at 30 November 2024:

  • The median value for Houses in Midland is $602,491 while the median value for Units is $448,158.
  • Houses have a median rent of $550 while Units have a median rent of $510.
There are currently 55 properties listed for sale, and 15 properties listed for rent in Midland on OnTheHouse. According to CoreLogic's data, 438 properties were sold in the past 12 months in Midland.

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