OFF MARKET

55/228 James Street
Northbridge WA 6003

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Floor area: 51m2
Land area: 55m2
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Property Details for 55/228 James St, Northbridge

55/228 James St, Northbridge is a 1 bedroom, 1 bathroom Unit and was built in 1996. The property has a land size of 55m2 and floor size of 51m2. While the property is not currently for sale or for rent, it was last sold in September 2023.

Building Type
Unit
Year Built
1996
Floor Size
51m2
Land Size
55m2
Local Government
Perth
Lot/Plan
55/S031353

Last Listing description (May 2008)

Solid Return Serviced Apartment
Fully furnished & securely leased 4 1/2 star serviced apartment in the heart of Northbridge suitable for investors only.
► The astute investor will note the solid monthly net return of $ 699.93 with scheduled annual rent reviews / increases

► Enjoy the security of a fixed 5 year lease with a further four (4) option terms until the 1st September 2026
► Income is paid monthly directly to an owner (Tenant pays strata levies and all rates & taxes)
► A professionally run and managed tenant in the heart of the Northbridge cultural and entertainment hub (you don't have the added costs of a managing agent)
► Hassle free maintenance is an added bonus as works are scheduled in advance and deducted from the monthly rental income
► Hotel guests enjoy the outdoor entertainment facilities including swimming pool, spa and bbq area plus the onsite restaurant
► Visit www.o njames.property.questwa.com.au for all details on Quest On James Serviced Apartments
► Strata Levies: $369.39 Quarterly Water Rates: $760.9 Annually Council Rates: $938 Annually

Property History for 55/228 James St, Northbridge, WA 6003

A timeline of how this property has performed in the market
Last Sold
$250,000
18 Sep 2023
  • 18 Sep 2023
    Sold for $250,000
  • 13 May 2008
    Sold for $207,000
  • 24 Apr 2008
    Listed for Sale $227,500
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About Northbridge 6003

The size of Northbridge is approximately 0.4 square kilometres. It has 3 parks covering nearly 7.2% of total area. The population of Northbridge in 2011 was 1,007 people. By 2016 the population was 1,290 showing a population growth of 28.1% in the area during that time. The predominant age group in Northbridge is 20-29 years. Households in Northbridge are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Northbridge work in a professional occupation. In 2011, 28.8% of the homes in Northbridge were owner-occupied compared with 34% in 2016.

Northbridge has 1,310 properties. Over the last 5 years, Houses in Northbridge have seen a -15.83% decrease in median value, while Units have seen a 36.66% increase. As at 31 August 2024:

  • The median value for Houses in Northbridge is $662,228 while the median value for Units is $541,577.
  • Houses have a median rent of $395 while Units have a median rent of $650.
There are currently 13 properties listed for sale, and 4 properties listed for rent in Northbridge on OnTheHouse. According to CoreLogic's data, 96 properties were sold in the past 12 months in Northbridge.

Suburb Insights for Northbridge 6003

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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.