SOLD
Sold on 25 Apr 2024 for $1,199,000

7 Loton Avenue
Midland WA 6056

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 360m2
Land area: 1462m2
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Property Details for 7 Loton Ave, Midland

Building Type
Commercial
Year Built
1972
Floor Size
360m2
Land Size
1462m2
Local Government
Swan
Lot/Plan
163/P001061

Last Listing description (October 2024)

Welcome to 7 Loton Avenue in the bustling industrial area of Midland.Midland is a destination location and has a wide variety of businesses which sevice people from many locations.The catchment area for Midland extends far beyond the City of Swan's boundaries and includes the Perth Hills, Chittering, Gingin, the Wheatbelt and the Avon Valley, all of which contribute to a large customer and employee base. This Prime Commercial Property is on a 1462m2 block of land with a 360m2 Factory Unit/Warehouse, including a 30m2 office space. The property boasts a versatile layout, perfect for a range of industrial or warehouse uses. The architecture of the building is both functional and stylish, with a modern design that is sure to impress.Located in a prime industrial area, this property is ideal for businesses looking to expand or relocate. Contact us today to schedule a viewing and make this property yours.DISCLAIMER: Whilst every care is taken in the preparation of the information in the marketing, Kreative Property Group will not be held liable for any errors in the typing of the information. Tenants are required to make their own investigations. We do not accept any responsibility to any person for its accuracy. All interested parties should rely upon their own enquiries in order to determine the accuracy of this information.

Property History for 7 Loton Ave, Midland, WA 6056

A timeline of how this property has performed in the market
Last Sold
$1,199,000
25 Apr 2024
Listed for Rent
$1.34k/w
18 Oct 2024
  • 16 Aug 2024
    Listed for Rent - Price not available
  • 25 Apr 2024
    Sold for $1,199,000
  • 10 Nov 2019
    Listed for Sale $1,550,000 Negotiable
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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 61 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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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.