SOLD
Sold on 13 Nov 2023 for $350,000

21/33 Third Avenue
Mount Lawley WA 6050

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 59m2
Land area: 58m2
Sold By
Chesswork Property Northbridge
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Property Details for 21/33 Third Ave, Mount Lawley

21/33 Third Ave, Mount Lawley is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1971. The property has a land size of 58m2 and floor size of 59m2. While the property is not currently for sale or for rent, it was last sold in November 2023. There are other 2 bedroom Unit sold in Mount Lawley in the last 12 months.

Building Type
Unit
Year Built
1971
Floor Size
59m2
Land Size
58m2
Local Government
Stirling
Lot/Plan
21/S007312

Last Listing description (February 2024)

This little gem is just an absolutely fantastic entry level investment, first home or low maintenance downsizer. This tenanted investment is currently being leased out month by month so you can move in at settlement. Atlernatively, you can keep the rental going as the current tenants are very keen to sign up for another 12 month lease at $450 per week. This top level, compact apartment has 2 separate bedrooms with their own build in wardrobes and has a combined bathroom / laundry. The main living area has an open plan design that flows from the kitchen to the living room and onto the balcony. There is also an unallocated car space that comes with the apartment at the base of the complex. The house is freshly painted and has just had a new split system air installed.

The apartment is just situated on a side street coming off Beaufort St and is quite literally walking distance to all shops, cafes, restaurants, and bars that Mount Lawley has to offer. A stone's throw away from the Swan River, this perfectly placed for a professional or student being just 7 minutes? drive or 16-minute train ride from Mount Lawley station to the city centre and only 4-minute drive to Edith Cowan University.

In it?s current condition, this property already attracts a positive rental return but a savvy investor could perform a quick kitchen and bathroom makeover and have a brilliant long term lease cash flow rental or Airbnb money spinner.

* Strata levies: $797 quartlerly and included building insurance

* The council rates were $1,455 this year.

* The strata fees are $797 per quarter and they cover building insurance.

* The water rates are approximately $150 every 2 months.

***** The current tenants will be happy to sign another 12 months lease for $450 per week. *****

Property History for 21/33 Third Ave, Mount Lawley, WA 6050

A timeline of how this property has performed in the market
Last Sold
$350,000
13 Nov 2023
Listed for Rent
$250/w
23 Apr 2019
  • 13 Nov 2023
    Sold for $350,000
  • 16 Aug 2023
    Listed for Sale Not Disclosed
  • 26 Mar 2019
    Listed for Rent - Price not available
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About Mount Lawley 6050

The size of Mount Lawley is approximately 4.3 square kilometres. It has 14 parks covering nearly 9.3% of total area. The population of Mount Lawley in 2011 was 10,702 people. By 2016 the population was 11,127 showing a population growth of 4.0% in the area during that time. The predominant age group in Mount Lawley is 20-29 years. Households in Mount Lawley are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Mount Lawley work in a professional occupation. In 2011, 59.1% of the homes in Mount Lawley were owner-occupied compared with 61.1% in 2016.

Mount Lawley has 6,291 properties. Over the last 5 years, Houses in Mount Lawley have seen a 68.37% increase in median value, while Units have seen a 53.42% increase. As at 30 September 2024:

  • The median value for Houses in Mount Lawley is $1,623,469 while the median value for Units is $520,456.
  • Houses have a median rent of $800 while Units have a median rent of $550.
There are currently 38 properties listed for sale, and 8 properties listed for rent in Mount lawley on OnTheHouse. According to CoreLogic's data, 342 properties were sold in the past 12 months in Mount lawley.

Suburb Insights for Mount Lawley 6050

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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.