SOLD
Sold on 01 Mar 2024 for $375,000

2/9 Mathoura Street
Midland WA 6056

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 88m2
Land area: 196m2
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Property Details for 2/9 Mathoura St, Midland

2/9 Mathoura St, Midland is a 3 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1992. The property has a land size of 196m2 and floor size of 88m2. While the property is not currently for sale or for rent, it was last sold in March 2024. There are other 3 bedroom Unit sold in Midland in the last 12 months.

Building Type
Unit
Year Built
1992
Floor Size
88m2
Land Size
196m2
Local Government
Swan
Lot/Plan
2/S022864

Last Listing description (March 2024)

Welcome to this comfortable, well-designed three bedroom, one bathroom home, positioned perfectly in walking distance to shops and schools. Incorporate a relaxing and private lifestyle, and with plenty of modern touches throughout the home such as built in robes, split system air conditioning and ceiling fans throughout, there is a lot to love about this home! Whether moving in or continuing to rent the place out, for an immediate investment and high estimated rental yield, there is plenty of opportunity presented here - so make sure you don't miss out!Property Highlights:- Three-bedroom, one-bathroom villa- Built 1992- Brick and tile build- Split system air conditioning- Ceiling fans to living area and bedrooms- Built in robes to the bedrooms- Courtyard with alfresco area- Storage room- Undercover carportInvestor Summary:- This property is currently tenanted until June at $300 per week ($1300 per month)- Market rent for 2/9 Mathoura Street is approximately $450 per week- Based on a purchase price of $370,000 and market rent, the estimated rental yield for this property is 6.34%- This property is strata titled, with fees of approx. $1025 per annum- HouseSmart Real Estate is highly active in Midland and the surrounding areas, and can provide high-quality property management services throughout the duration of the tenancy and beyond.Positioned in a prime location, you have all your essentials at your doorstep with shops, cafe's and restaurants all just a short walk away. To the interior, as you walk in the home, you will find a large living area which presents a comfortable space for the family to relax. With a split system air conditioner blowing over this area, you can settle in comfortably on hot days and enjoy your new home. There is also a ceiling fan here for extra added comfort.Next to the living area you have the kitchen, which has a "C" shape designed around the large window which provides natural lighting and a lovely view to your outside area. This kitchen has been designed to incorporate all the space you need, with plenty of bench space, under bench storage cabinets, electric oven and cooktop, and a large pantry.The three bedrooms in this property are all a good size. They all have built in robes, with the main bedroom featuring a double doored built in robe for extra space. This main bedroom, which is the largest of the three, also has a split system air conditioner. All three bedrooms have ceiling fans. Nearby, the main bathroom has a bath plus shower to use, and there is a laundry next to the kitchen so you can easily access the courtyard to hang out the clothes.Outside of the home, there is an undercover parking area for your car as well as a side gate allowing access to the courtyard area. From here you can also access the secure storage room. The rear yard is fully fenced which is great for kids and pets. In the courtyard you will find an alfresco area to enjoy your outdoor area, some paving space for the kids to play or to put down some potplants, and a slightly raised garden bed for some flowers, plants or even a veggie patch.Stepping out of the complex, within a couple minute's walk you can arrive at Harold Bennett Park, which has a playground, basketball area, and walking paths to enjoy. As for schools, Midvale Primary School is only approx. 7 minutes walk, and for high schools both Guildford Grammar and La Salle College are within approx. 10 minutes drive. The home is also close to access links on to Roe Highway and Great Eastern Highway, bringing you easily to the North, South, East and West of Perth.Whether you are looking for an investment property or somewhere to move in down the line, this is definitely the property to check out. There is a lot to love about the house itself - it's design, large courtyard, easy indoor and outdoor living opportunities, great investment stance, and most importantly the location - make sure not to miss out!

Property History for 2/9 Mathoura St, Midland, WA 6056

A timeline of how this property has performed in the market
Last Sold
$375,000
01 Mar 2024
  • 01 Mar 2024
    Sold for $375,000
  • 14 Feb 2024
    Listed for Sale From $369,000
  • 09 Jan 2008
    Sold for $307,500
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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 60 properties listed for sale, and 22 properties listed for rent in Midland on OnTheHouse. According to CoreLogic's data, 403 properties were sold in the past 12 months in Midland.

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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.