SOLD
Sold on 03 Feb 2024 for $485,000

6/98 Lake Street
Northbridge WA 6003

Bedrooms: 2
Bathrooms: 2
Car spaces: -
Floor area: 76m2
Land area: 103m2
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Property Details for 6/98 Lake St, Northbridge

6/98 Lake St, Northbridge is a 2 bedroom, 2 bathroom Unit and was built in 2009. The property has a land size of 103m2 and floor size of 76m2. While the property is not currently for sale or for rent, it was last sold in February 2024. There are other 2 bedroom Unit sold in Northbridge in the last 12 months.

Building Type
Unit
Year Built
2009
Floor Size
76m2
Land Size
103m2
Local Government
Perth
Lot/Plan
6/S058074

Last Listing description (March 2024)

ATTENTION INVESTORS - With a $495,000 purchase price and a $680 p/w in potential rental income, what's there not to love with this offering and that's before the plethora of demand the new Edith Cowan University campus will bring. Get in early as there are very few of these types of investments available.6/98 Lake Street has everything you'd expect and more when it comes to a city boutique apartment. Close to the hustle and set facing lush green established trees and a vibrant public open space. Master-built to a detailed level and demanding specification, a secure and well-maintained complex, just to name a few key features.Comprising of two generous sized bedrooms both with built-in robes, a wonderful resort styled bathroom, a cleverly designed open plan lounge and separate dining area, a spacious kitchen that stylishly incorporates quality appliances, stone benchtops and ample storage and preparation space, perfect for the keenest of entertainers.Boasting expansive floor to ceiling windows to the lounge area, which connects perfectly to the oversized outdoor balcony showing off how executive this property is.Located on the 1st floor of this desirable complex along with intercom security and only a short stroll to Perth's finest hotspots and some of the main entertainment venues.Other features you will love:- Secure car space- Reverse cycle split system air conditioning- Close to some of the best eating spots- Convenience to the future Edith Cowan University CampusApproximates:City of Perth | $1,670 p/aWater Corporation | $1,274 p/aAdmin & Reserve | $1004 p/qtr

Property History for 6/98 Lake St, Northbridge, WA 6003

A timeline of how this property has performed in the market
Last Sold
$485,000
03 Feb 2024
Listed for Rent
$380/w
25 Oct 2017
  • 03 Feb 2024
    Sold for $485,000
  • 19 Jan 2024
    Listed for Sale UNDER CONTRACT!
  • 27 Oct 2017
    Sold for $407,000
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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 1,306 properties. Over the last 5 years, Houses in Northbridge have seen a 1.99% increase in median value, while Units have seen a 35.85% increase. As at 31 October 2024:

  • The median value for Houses in Northbridge is $704,432 while the median value for Units is $551,951.
  • Houses have a median rent of $400 while Units have a median rent of $665.
There are currently 21 properties listed for sale, and 11 properties listed for rent in Northbridge on OnTheHouse. According to CoreLogic's data, 100 properties were sold in the past 12 months in Northbridge.

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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.