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Sold on 10 Oct 2024 for $635,000

7/16 Monash Avenue
Nedlands WA 6009

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 77m2
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Property Details for 7/16 Monash Ave, Nedlands

7/16 Monash Ave, Nedlands is a 2 bedroom, 1 bathroom Apartment with 1 parking spaces. The property has a floor size of 77m2. While the property is not currently for sale or for rent, it was last sold in October 2024. There are other 2 bedroom Apartment sold in Nedlands in the last 12 months.

Building Type
Apartment
Floor Size
77m2
Local Government
Perth
Lot/Plan
7/S009836

Last Listing description (October 2024)

Welcome to 7/16 Monash Avenue, Nedlands - a prime investment opportunity with a recent rental appraisal of $750/week and an ideal move-in-ready option for owners. This beautifully renovated 2-bedroom, 1-bathroom apartment offers 77sqm of internal living space, designed for low-maintenance and modern convenience.

The sleek, contemporary kitchen features new appliances and stone benchtops, while the stylish bathroom showcases high-quality finishes and a stunning skylight. Both spacious bedrooms provide comfort, and the exclusive use balcony adds to the living experience.

Additional features include air conditioning for year-round comfort and a separate laundry that doubles as a practical work-from-home nook. A designated car bay, along with four visitor bays and potential street parking permits, enhance convenience.

Located near Kings Park and the bustling Hampden Road precinct, this property is ideal for those seeking proximity to cafes, eateries, Sir Charles Gairdner Hospital, UWA, and public transport links to Perth CBD. Beach lovers will appreciate the short 7.5km drive to the coastline. Embrace the best of both worlds with this stylish, centrally located retreat, perfect for attracting high-quality tenants or for owners looking for a move-in-ready home.

Approx rates:
Council: $1,689/annum
Water: $1,184/annum
Strata: $1,343/quarter

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Property History for 7/16 Monash Ave, Nedlands, WA 6009

A timeline of how this property has performed in the market
Last Sold
$635,000
10 Oct 2024
Listed for Rent
$300/w
09 Jun 2020
  • 10 Oct 2024
    Sold for $635,000
  • 04 Sep 2024
    Listed for Sale UNDER OFFER by Andy Thorpe
  • 21 Sep 2022
    Sold for $388,888
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About Nedlands 6009

The size of Nedlands is approximately 5.3 square kilometres. It has 18 parks covering nearly 11.3% of total area. The population of Nedlands in 2011 was 10,183 people. By 2016 the population was 10,192 showing a population growth of 0.1% in the area during that time. The predominant age group in Nedlands is 20-29 years. Households in Nedlands are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Nedlands work in a professional occupation. In 2011, 68.8% of the homes in Nedlands were owner-occupied compared with 70.9% in 2016.

Nedlands has 5,138 properties. Over the last 5 years, Houses in Nedlands have seen a 60.87% increase in median value, while Units have seen a 69.75% increase. As at 31 October 2024:

  • The median value for Houses in Nedlands is $2,304,269 while the median value for Units is $872,715.
  • Houses have a median rent of $1,100 while Units have a median rent of $695.
There are currently 40 properties listed for sale, and 15 properties listed for rent in Nedlands on OnTheHouse. According to CoreLogic's data, 267 properties were sold in the past 12 months in Nedlands.

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Contact agent
Andy Thorpe
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Mint Real Estate - Claremont - Eview Group
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