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.
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.
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 965 properties. Over the last 5 years, Houses in Millars Well have seen a 49.49% increase in median value, while Units have seen a 135.77% increase. As at 31 October 2024:
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