199 Middleton Rd, Mount Clarence is a bedroom, 10 bathroom Townhouse. The property has a land size of 3913m2.
Presenting an outstanding investment opportunity in a leading location in the stunning coastal tourist mecca and regional city of Albany on Western Australia's magnificent south coast.
This neat, long-established 10-unit residential complex under management, reveals a central and highly-popular location set behind other established properties enroute and only 1.6-kilomtres from downtown Albany and 1.8-kilometres from Middleton Beach attractions.
The property has a history of sound occupancy rates, which is also reflected in the current numbers. Nine units are leased and one is owner-occupied.
The size of Mount Clarence is approximately 2.5 square kilometres. It has 3 parks covering nearly 70.5% of total area. The population of Mount Clarence in 2011 was 668 people. By 2016 the population was 678 showing a population growth of 1.5% in the area during that time. The predominant age group in Mount Clarence is 10-19 years. Households in Mount Clarence are primarily childless couples and are likely to be repaying $2400 - $2999 per month on mortgage repayments. In general, people in Mount Clarence work in a professional occupation. In 2011, 60.5% of the homes in Mount Clarence were owner-occupied compared with 60% in 2016.
Mount Clarence has 434 properties. Over the last 5 years, Houses in Mount Clarence have seen a 63.02% increase in median value, while Units have seen a 14.73% increase. As at 31 October 2024:
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