SOLD
Sold on 16 May 2024 for $377,500

53 Margaret Street
Midland WA 6056

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 58m2
Land area: 60m2
Sold By
Alex Christie
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Tim Christie
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Property Details for 53 Margaret St, Midland

53 Margaret St, Midland is a 2 bedroom, 1 bathroom Townhouse with 1 parking spaces and was built in 1985. The property has a land size of 60m2 and floor size of 58m2. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 2 bedroom Townhouse sold in Midland in the last 12 months.

Building Type
Townhouse
Year Built
1985
Floor Size
58m2
Land Size
60m2
Local Government
Swan
Lot/Plan
3/S013039

Last Listing description (June 2024)

Well balanced for easy living this 60sqm unit benefits from a central location close enough to shops, La Salle College and other public facilities without sacrificing a tree lined 'back street' appeal tucked away on the western fringes of Midland.- Great location in a tree lined back street- Easy access to amenities including shops, transport & La Selle College- 60sqm unit in a small community of only five- 2 bedrooms, 1 bathroom- Open planned living/kitchen- Reverse cycle air conditioning- Rear courtyard with pitched roof entertaining area & brick store room- Brick drive shared with only one other leads to your double carport- Investment opportunity with current tenants within fixed term lease (contact agent for more information)- Shire rates approx. $1640 per year- Water rates approx. $780 per year- Strata levies approx. $590 per year (covers insurance only - No strata manager employed!)The small strata community of only five units runs lengthwise to the road meaning each one has better visibility and shares a drive with only one other. As it's a simple set up, there is no strata manager employed, meaning more money is kept in your pocket.The modernised interior consists of a simple and effective design; a front entry leads into the kitchen and through to open plan living from which the two bedrooms and bathroom branch from.The kitchen is ideally modern with white cabinetry, a dark contrasting benchtop, upright oven/grill/cooktop and serving window under the timber shelving.The living room offers space for lounge and meals areas; in here you'll find reverse cycle air conditioning and the continuing neutral decor including tiled flooring.There are two bedrooms, both are well sized, and the main includes a double door built-in robe. To allow some separation, the bathroom is situated in-between the bedrooms and features an in-built laundry.Sliding door access leads to the rear paved courtyard with a pitched roof entertaining area and brick store room.Currently leased until February 2025 this could be a good opportunity for investor or home owner alike, contact Alex Christie to arrange a viewing.

Property History for 53 Margaret St, Midland, WA 6056

A timeline of how this property has performed in the market
Last Sold
$377,500
16 May 2024
  • 16 May 2024
    Sold for $377,500
  • 08 May 2024
    Listed for Sale UNDER OFFER
  • 05 Dec 2022
    Sold for $290,000
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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 4,702 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.

Suburb Insights for Midland 6056

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Contact agent
Alex Christie
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Tim Christie
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Christie's Real Estate
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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.