OFF MARKET

8/29 Mullings Way
Myaree WA 6154

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Floor area: 51m2
Land area: 51m2
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Last updated 11 Nov 2024
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Property Details for 8/29 Mullings Way, Myaree

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.

Building Type
Unit
Year Built
1985
Floor Size
51m2
Land Size
51m2
Local Government
Melville
Lot/Plan
8/S013184

Last Listing description (October 2024)

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

Property History for 8/29 Mullings Way, Myaree, WA 6154

A timeline of how this property has performed in the market
Last Sold
$235,000
13 Aug 2012
  • 18 Sep 2024
    Listed for Sale From $300,000
  • 10 Oct 2023
    Listed for Sale $260,000
  • 13 Aug 2012
    Sold for $235,000
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About Myaree 6154

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:

  • The median value for Houses in Myaree is $1,202,469 while the median value for Units is $576,356.
  • Houses have a median rent of $825 while Units have a median rent of $415.
There are currently 6 properties listed for sale, and 1 property listed for rent in Myaree on OnTheHouse. According to CoreLogic's data, 41 properties were sold in the past 12 months in Myaree.

Suburb Insights for Myaree 6154

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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.