OFF MARKET

58 Frederic Street
Midland WA 6056

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 1154m2
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Property Details for 58 Frederic St, Midland

58 Frederic St, Midland is a bedroom, bathroom House. The property has a land size of 1154m2.

Building Type
House
Land Size
1154m2
Local Government
Swan
Lot/Plan
144/P002112

Last Listing description (October 2024)

Gopi Singh from Team Rash at The Agency Introducing an exceptional development opportunity in the heart of Midland! This expansive 1,163m2 block offers the perfect canvas for your next project. With a generous frontage of 18.49m, this site is ideal for a variety of development options, including residential, commercial, or mixed-use.Key Features:Strategic Location: Situated in a prime area of Midland, this site benefits from excellent visibility and accessibility, making it a valuable asset for developers.Versatile Potential: The large land size and dimensions provide ample space for innovative design and development possibilities.Growing Community: Midland is a rapidly growing suburb with increasing demand for new developments, ensuring strong future returns on investment.Nearby Amenities:Transport: Close proximity to Midland Train Station and major bus routes, offering convenient public transport options.Shopping & Dining: Minutes away from Midland Gate Shopping Centre, featuring a wide range of retail stores, supermarkets, and dining options.Education: Near several reputable schools and educational institutions, catering to families and students.Recreation: Access to parks, recreational facilities, and the Swan Valley, known for its wineries and outdoor activities.Investment Highlights:High Growth Area: Midland is undergoing significant infrastructure and community developments, promising high capital growth.Demand: Strong demand for housing and commercial spaces in the area due to ongoing urbanization and population growth.Flexibility: Suitable for various types of developments, including townhouses, apartments, or commercial spaces, maximizing your investment potential.Don't miss out on this rare opportunity to secure a prime development site in one of Midland's most sought-after locations. For more information or to arrange a site visit, contact Gopi Singh0433 918 628Disclaimer: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.

Property History for 58 Frederic St, Midland, WA 6056

A timeline of how this property has performed in the market
  • 02 Jul 2024
    Listed for Sale EOI

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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 4,707 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 55 properties listed for sale, and 17 properties listed for rent in Midland on OnTheHouse. According to CoreLogic's data, 402 properties were sold in the past 12 months in Midland.

Suburb Insights for Midland 6056

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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.