SOLD
Sold on 24 Sep 2023 for $350,000

7/7 Templeman Place
Midland WA 6056

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 93m2
Land area: 175m2
Sold By
Adam Bettison
HouseSmart Real Estate
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Property Details for 7/7 Templeman Pl, Midland

7/7 Templeman Pl, Midland is a 3 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2006. The property has a land size of 175m2 and floor size of 93m2. While the property is not currently for sale or for rent, it was last sold in September 2023. There are other 3 bedroom Unit sold in Midland in the last 12 months.

Building Type
Unit
Year Built
2006
Floor Size
93m2
Land Size
175m2
Local Government
Swan
Lot/Plan
7/S050016

Last Listing description (November 2023)

Welcome to this secure and well equipped three-bedroom, two-bathroom villa built in 2006. With a comfortable total lot size of 175 square metres and an approximate internal floor space of 95 square metres – there’s plenty to enjoy here! Roller shutters and a steel security front door help keep the home locked up safe when required. The brick and tile build is attractive, sleek and reliable. The single car garage provides you with secure parking. Stylish wooden trim and features inside the home elevate the design further, and tile floors throughout are easy to look after and present well. There’s a split cycle air conditioning unit in the main living space too, working to ensure comfort year-round. This property is currently tenanted at $460 per week until Nov 2023 - perfect for a patient owner occupier or an investor seeking rental income from day one. Don't miss out on this exciting property.

Property Highlights Include:
- Three-bedroom, two-bathroom villa built in 2006

- Total lot size of 175 square metres
- Approximate floor space of 95 square metres
- Single car lockup garage
- Separate bath and shower in main bathroom
- Main bedroom has its own ensuite
- Double sink, gas hotplates, and corner pantry to the kitchen
- Plenty of shelving in garage for storage space

Investor Summary:
- This house is currently tenanted until Nov 2023 for $460 per week, with an increase to $480 per week as of 29th November 2023
- Market rent for 7/7 Templeman Place is approximately $490 per week.
- Using a purchase price of $345,000 and market rent, you have a gross annual rental yield of 7.41%.
- HouseSmart is highly active in Midland and the surrounding areas, and can provide Property Management Services throughout the course of the sale and beyond.

Featuring high-quality wood doors and skirting throughout, this property has a personal touch that isn’t seen in many stock-standard villas these days; giving the place a premium feel and finish. There is plenty of storage throughout, with built in robes to the minor bedrooms (WIR to the main bedroom), as well as wooden shelves in the living area and main bedroom. There is tiled flooring throughout (yes even the bedrooms!) which are cool on the feet in summertime, quick to clean, and easy-going on allergies.

The kitchen opens to the ample-sized living and dining area, which provides the space for relaxing, playing with the kids, or serving up a dish to the family. There is a gas bayonet point here for a gas heater, ensuring the space keeps warm in the wintertime. Neutral tones and well-placed windows mean that when the shutters are open, the space can be filled with light. The sliding door provides easy flow-through access to the courtyard. The undercover patio is the perfect area to have a little table to sit and enjoy a cup of coffee in the morning sunshine. Popping a few pot-plants down in the side area for a make-shift garden will make the place even more welcoming. There is a small rainwater tank connecting to the gutters which means that you can water your plants without worrying about the water bill!

There are remote-control roller shutters to the windows, which help with temperature control in the summer, keeping the place nice and cool inside. These also help secure the place; along with an alarm system, and separate metal security gate to the front entry way to prevent your children running onto the driveway. The unit is situated in the middle of a row of villas, which means you’re not front-and-centre to the street. The complex has three visitor’s parking bays for when your friend’s and relatives come to stay, and there is plenty of parking on the street as well.

The Midland New Junction is just down the road (450m), which on completion is expected to have new play spaces, an oval, Cale Street Outdoor Area, Wadjuk Boya Ngura Shadow Arbou, as well as an interactive online sculpture trail. This will entertain the kids, but the adults may be more interested in the plentiful shops, restaurants, cafés, and fitness centres which are nearby! There is certainly enough around to it everybody’s needs and keep the kids engaged as well. Local schools include Midvale Primary School, Woodbridge Primary School and La Salle College. Public transport is easy with buses running along nearby streets and Midland Train Station within walking distance.

With all it has to offer, whether you are an investor, FIFO worker, family, or just need your own space, this villa is certainly not one to miss out on!

Property History for 7/7 Templeman Pl, Midland, WA 6056

A timeline of how this property has performed in the market
Last Sold
$350,000
24 Sep 2023
Listed for Rent
$380/w
19 Jan 2022
  • 24 Sep 2023
    Sold for $350,000
  • 05 Jan 2022
    Listed for Rent $380 / week
  • 16 Mar 2018
    Listed for Sale $260,000 Must Be Sold
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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 4,740 properties. Over the last 5 years, Houses in Midland have seen a 71.14% increase in median value, while Units have seen a 88.93% increase. As at 31 July 2024:

  • The median value for Houses in Midland is $556,407 while the median value for Units is $418,897.
  • Houses have a median rent of $500 while Units have a median rent of $500.
There are currently 45 properties listed for sale, and 16 properties listed for rent in Midland on OnTheHouse. According to CoreLogic's data, 455 properties were sold in the past 12 months in Midland.

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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.