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Sold on 08 Jun 2024 for $495,000

8 Morilla Road
Mundaring WA 6073

Bedrooms: -
Bathrooms: -
Car spaces: 6
Floor area: 237m2
Land area: 1008m2
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Property Details for 8 Morilla Rd, Mundaring

Building Type
Commercial
Year Built
1984
Floor Size
237m2
Land Size
1008m2
Local Government
Mundaring
Lot/Plan
33/P013747

Last Listing description (May 2024)

Fantastic opportunity to purchase this green title property with a strong and recognized tyre merchant operating 270 stores across Australia and operating since 1977. The subject property offers:- Building envelope of 237sqm - Land Area of 1,008sqm approximately - Well established business - Separate reception area Land Area:1,008sqm Building Area: 237 sqm Approx.Current Rent: $25,382.00 pa net + GSTOutgoings: $8,508.35 pa + GSTAvailable: Offers from $490,000.00Contact Con Passaris or Jonathan Kilborn to arrange an inspection

Property History for 8 Morilla Rd, Mundaring, WA 6073

A timeline of how this property has performed in the market
Last Sold
$495,000
08 Jun 2024
Listed for Rent
$460/w
03 Aug 2022
  • 08 Jun 2024
    Sold for $495,000
  • 15 Mar 2024
    Listed for Sale Price on Application
  • 27 Jul 2022
    Listed for Rent - Price not available
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About Mundaring 6073

The size of Mundaring is approximately 31.6 square kilometres. It has 20 parks covering nearly 63.6% of total area. The population of Mundaring in 2011 was 3,010 people. By 2016 the population was 3,045 showing a population growth of 1.2% in the area during that time. The predominant age group in Mundaring is 50-59 years. Households in Mundaring are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Mundaring work in a professional occupation. In 2011, 76.4% of the homes in Mundaring were owner-occupied compared with 80.9% in 2016.

Mundaring has 1,663 properties. Over the last 5 years, Houses in Mundaring have seen a 75.83% increase in median value, while Units have seen a 13.92% increase. As at 28 February 2025:

  • The median value for Houses in Mundaring is $928,325 while the median value for Units is $460,840.
  • Houses have a median rent of $625.
There are currently 10 properties listed for sale, and 4 properties listed for rent in Mundaring on OnTheHouse. According to CoreLogic's data, 60 properties were sold in the past 12 months in Mundaring.

What's around 8 Morilla Rd, Mundaring

Nearby Schools
Comparable Properties

Suburb Insights for Mundaring 6073

Market Insights
Mundaring Trends for Houses
Median Value

$928k

14.35%
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Median Growth

24.28%

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Median Rent

$625/W

7.76%
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Rental Yield

4.30%

0.23%
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Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year (03/24 - 02/25)
Mundaring Trends for Units
Median Value

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Median Growth

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Median Rent

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Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age

Population 3,045

0-9

 

10%

10-19

 

13%

20-29

 

8%

30-39

 

8%

40-49

 

15%

50-59

 

15%

60-69

 

14%

70-79

 

9%

80-89

 

6%

90-99

 

1%

Household Structure
Occupancy
BESbswy