SOLD
Sold on 23 Jan 2024 for $460,000

10B Stanbridge Way
Millars Well WA 6714

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 80m2
Land area: 525m2
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Property Details for 10b Stanbridge Way, Millars Well

10b Stanbridge Way, Millars Well is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1980. The property has a land size of 525m2 and floor size of 80m2. While the property is not currently for sale or for rent, it was last sold in January 2024. There are other 2 bedroom Unit sold in Millars Well in the last 12 months.

Building Type
Unit
Year Built
1980
Floor Size
80m2
Land Size
525m2
Local Government
Karratha
Lot/Plan
2/S024149

Last Listing description (March 2024)

This immaculate 2 bedroom 1 bathroom duplex set on 525m2 block is the perfect investment property for a savvy investor. Located in the highly sought after Millars Well area there is nothing to do with this property just collect the rent the property is currently leased at $700 per week until 20th July 2024 (with potential of an increase due to the high demand for rental). As Karratha has another muiti billion dollar fertiliser plant under way and the need for a further 5000 workers now is the time to buy in as the rental market and property prices will start to see growth. The property is also located minutes to the local shopping centre and Millars Well primary school.Features:New Carpet in Bedrooms.Tiling throuhgout main living area's.Spilt System Air-Conditioning throughout all rooms.Modern kitchen with plenty of storage.Large outdoor undercover entertaining area.Low Maintenance gardens.Reticulated Lawns with new turf at the rear of the property.Double size shower.Dual Rear Access.Large Shed for extra storage.Block 525m2Year Built 1980.

Property History for 10b Stanbridge Way, Millars Well, WA 6714

A timeline of how this property has performed in the market
Last Sold
$460,000
23 Jan 2024
Listed for Rent
$340/w
13 Apr 2019
  • 23 Jan 2024
    Sold for $460,000
  • 21 Jan 2024
    Listed for Sale SOLD BY FOSTER'S RE
  • 08 Apr 2019
    Listed for Rent - Price not available
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About Millars Well 6714

The size of Millars Well is approximately 3.4 square kilometres. It has 2 parks covering nearly 0.5% of total area. The population of Millars Well in 2011 was 2,196 people. By 2016 the population was 1,816 showing a population decline of 17.3% in the area during that time. The predominant age group in Millars Well is 30-39 years. Households in Millars Well are primarily couples with children and are likely to be repaying $3000 - $3999 per month on mortgage repayments. In general, people in Millars Well work in a trades occupation. In 2011, 18.9% of the homes in Millars Well were owner-occupied compared with 21.7% in 2016.

Millars Well has 966 properties. Over the last 5 years, Houses in Millars Well have seen a 48.49% increase in median value, while Units have seen a 157.09% increase. As at 30 November 2024:

  • The median value for Houses in Millars Well is $555,632 while the median value for Units is $432,512.
  • Houses have a median rent of $1,150 while Units have a median rent of $750.
There are currently 13 properties listed for sale, and 2 properties listed for rent in Millars well on OnTheHouse. According to CoreLogic's data, 61 properties were sold in the past 12 months in Millars well.

Suburb Insights for Millars Well 6714

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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.