SOLD
Sold on 27 Jul 2024 for $1,075,000

15 Yilgarn Avenue
Northam WA 6401

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Floor area: 914m2
Land area: 5974m2
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Property Details for 15 Yilgarn Ave, Northam

15 Yilgarn Ave, Northam is a 1 bedroom, 1 bathroom House and was built in 1975. The property has a land size of 5974m2 and floor size of 914m2. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 1 bedroom House sold in Northam in the last 12 months.

Building Type
House
Year Built
1975
Floor Size
914m2
Land Size
5974m2
Local Government
Northam
Lot/Plan
87/P028954

Last Listing description (October 2018)

This is a high profile property with a quality tenant, and represents an outstanding return on investment.
The current lease is to January 2021, with a further four year option - the current lease is $57,600 per annum, with all outgoings paid by the tenant.
You will be battling to find a better return on investment - suitable to individual investors and superannuation funds.

The property itself enjoys a high profile, has numerous improvements including showroom, offices, 3 workshops, parts room, show area. The large workshop is a whopping 20 metres x 12 metres with attached parts room and concrete flooring.
For the serious investors consideration.

Property History for 15 Yilgarn Ave, Northam, WA 6401

A timeline of how this property has performed in the market
Last Sold
$1,075,000
27 Jul 2024
  • 27 Jul 2024
    Sold for $1,075,000
  • 07 Jul 2018
    Listed for Sale $598,000
  • 24 Feb 2016
    Listed for Sale $555,000
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About Northam 6401

The size of Northam is approximately 26.8 square kilometres. It has 24 parks covering nearly 6.8% of total area. The population of Northam in 2011 was 6,580 people. By 2016 the population was 6,572 showing a population decline of 0.1% in the area during that time. The predominant age group in Northam is 50-59 years. Households in Northam are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Northam work in a trades occupation. In 2011, 66.5% of the homes in Northam were owner-occupied compared with 64.2% in 2016.

Northam has 4,246 properties. Over the last 5 years, Houses in Northam have seen a 134.22% increase in median value, while Units have seen a 31.76% increase. As at 31 October 2024:

  • The median value for Houses in Northam is $375,516 while the median value for Units is $229,056.
  • Houses have a median rent of $465 while Units have a median rent of $280.
There are currently 34 properties listed for sale, and no properties listed for rent in Northam on OnTheHouse. According to CoreLogic's data, 266 properties were sold in the past 12 months in Northam.

Suburb Insights for Northam 6401

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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.