SOLD
Sold on 21 Mar 2024 for $472,000

3/111 Ferguson Street
Midland WA 6056

Bedrooms: 3
Bathrooms: 2
Car spaces: 4
Floor area: 112m2
Land area: 194m2
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Property Details for 3/111 Ferguson St, Midland

3/111 Ferguson St, Midland is a 3 bedroom, 2 bathroom Unit with 4 parking spaces and was built in 2009. The property has a land size of 194m2 and floor size of 112m2. 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
2009
Floor Size
112m2
Land Size
194m2
Local Government
Swan
Lot/Plan
3/S057039

Last Listing description (May 2024)

Come along and view this beautifully presented three-bedroom, two-bathroom home in Midland. With decently sized living areas, a modern decor throughout, and features including ducted air conditioning and built in robes, there is a lot to fall in love with about this home. Positioned close to schools and parks, you are in a great position here with everything you need only a short distance away. Whether continuing to rent the property out (for an immediate investment and high estimated rental yield) or moving in and making the most of this low maintenance property, this home is surely one to not miss out on!Property Highlights:- Three-bedroom, two-bathroom villa- Built 2009- Brick and colourbond build- Ducted air conditioning throughout the home- Secure double garage- Ceiling fans to bedrooms 1 and 2- Built in robes- Substantial courtyardInvestor Summary:- This property is currently tenanted on a periodic basis, for $450 per week- Market rent for 3/111 Ferguson Street is approximately $550 per week- Based on a purchase price of $420,000 and market rent, the estimated rental yield for this property is 6.83%- This property is strata titled, with fees of approx. $1358.13 towards insurance- 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.Coming up to the front of the property, you can park in the secure double garage, or walk in through the main entrance. As you walk in the home, you come in to the well presented and well-thought out layout of the main living space, with the entry and hallway opening up to the living room for and immediate welcoming presence, and nearby dining and kitchen area providing a space for entertaining and cooking. This living and dining area has a comfortable and relaxing design, with a feature wall creating a calming ambiance, and the ducted air conditioning (which runs throughout the home) providing a cool breeze on those hot days. There is also a sliding door to the dining area, allowing easy flow between the indoor and outdoors areas in the home.The kitchen has a "C" shape designed to look out over the living area so that you can cook and chat with your friends or family at the same time. The bench features a wall to hide any clutter or kitchen equipment from site of the living area whilst entertaining. This kitchen has been designed to incorporate all the space you need, with plenty of bench space, under bench storage cabinets plus overhead cabinetry, built-in oven, electric cook-top, double sink, and a large pantry.The three bedrooms in this property are all a good size; with the main and second bedroom having built in robes for storage, and ceiling fans. The main bedroom is positioned to the front of the home and has it's own private en-suite, and the minor bedrooms to the rear share the main bathroom, which features a shower plus bath. The third bedroom is created so that it could be utilised as a study/games room, or alternatively turned in to a third bedroom, depending on what you would like to do with the home!Outside of the home, there is a large courtyard so that you can have outdoor entertaining and activities. Being fully fenced, this provides good security for pets and for kids to play. Stepping out of the complex, within a couple minute's walk you can arrive at Warnock Park, which has a playground, basketball area, and walking paths to enjoy. The Swan Recreation Centre, which has a gym, swimming pool, and skate park, is within 15 minute walk as well. As for schools, Midvale Primary School is only approx. 15 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. Midland Gate Shopping Centre - with a Kmart, Big W, Target, Woolworths, Coles, ALDI plus lots of smaller specialty stores, food stores, cafe's and restaurants, is only approx. 5 minute drive or under 20 minutes' walk away!Whether you are looking for an investment property (with large immediate and ongoing estimated rental yield!) 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 3/111 Ferguson St, Midland, WA 6056

A timeline of how this property has performed in the market
Last Sold
$472,000
21 Mar 2024
Listed for Rent
$320/w
23 Jul 2020
  • 21 Mar 2024
    Sold for $472,000
  • 11 Mar 2024
    Listed for Sale From $419,000
  • 29 Jun 2020
    Listed for Rent $320 / 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 4,755 properties.

    There are currently 45 properties listed for sale, and 25 properties listed for rent in Midland on OnTheHouse. According to CoreLogic's data, 429 properties were sold in the past 12 months in Midland.

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