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.
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.
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:
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