8/29 Mullings Way, Myaree is a 1 bedroom, 1 bathroom Unit and was built in 1985. The property has a land size of 51m2 and floor size of 51m2. While the property is not currently for sale or for rent, it was last sold in August 2012.
Welcome to Unit 8/29 Mullings Way, Myaree. This well-placed unit is close to all the local amenities you could ask for such as; North Lake Road Shopping Centre that has a Chemist, Post Office, Bakers Delight, Cafe, 24-hour IGA and doctors. On top of this Public transport is close by giving you access to the City, Fremantle, Elizabeth Quay and Bull Creek Train Station.
The unit is designed to offer a low maintenance comfortable lifestyle. The open plan living and dining room is light and bright, finished beautifully with plantation shutters and a split system sir con to keep you feeling comfortable all year round.
The Master Bedroom is a great size featuring a triple door robe, ceiling fan and is also connected to an extra room which could be used as a hobby room.
This unit holds a lot of potential as an investment with a similar unit in the complex renting for $400 per week giving you a return on investment of almost 7%. You don't need to be retired or over 55 to purchase this unit but the main resident must either be retired or over 55.
The communal area is a great space to catch up with your neighbours, maybe play a game of pool or start a reading group.
> Split System Air Con
> Plantation Shutters
> Potential Investment Property
> Walk to shops and public transport
> Retirement Village
> Admin Fund $807.40 PQ
> Reserve Fund $92.51 PQ
> Council Rates $1,689.41 PA
The size of Myaree is approximately 1.3 square kilometres. It has 10 parks covering nearly 7.4% of total area. The population of Myaree in 2011 was 1,896 people. By 2016 the population was 1,944 showing a population growth of 2.5% in the area during that time. The predominant age group in Myaree is 40-49 years. Households in Myaree are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Myaree work in a professional occupation. In 2011, 72.9% of the homes in Myaree were owner-occupied compared with 73.5% in 2016.
Myaree has 1,402 properties. Over the last 5 years, Houses in Myaree have seen a 68.93% increase in median value, while Units have seen a 62.81% increase. As at 31 October 2024:
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