217 Albert StreetOsborne Park WA 6017
Property Details for 217 Albert St, Osborne Park
217 Albert St, Osborne Park is a 5 bedroom, 2 bathroom Unit and was built in 2000. The property has a land size of 911m2 and floor size of 115m2. While the property is not currently for sale or for rent, it was last sold in May 2022.
Last Listing description (February 2023)
This great Triplex size block is a rare offering for the astute investor/developer.
With two existing brick/tile duplex homes on this 911m2 Green Title block the opportunity is here to bowl over and develop now or keep renting them out until you are ready to renovate or develop.
Both homes have good tenants and the rents are available on request. One duplex has three bedrooms and one bathroom and the other is a two by one.
Cleverly designed architectural plans have once been approved for a Triplex development and will be available to the purchaser for re-submission to the Council.
The high standard of developments in this area have been set in the nearby Princeton Estate and you are near wonderful restaurants, cafes, parks, schools and super easy access to the Mitchell Freeway north and south.
With easy freeway access you are only minutes from the city and just a short drive to the vibrant shopping and entertainment of the Mount Hawthorn strip and lively Oxford Street. And just a bit further towards the beach is the booming new Karrinyup shopping complex.
You get:
*Two semi/detached duplex homes.
*911m2 level Green title block.
*Development options galore.
*Close to shops.
*Easy freeway access.
*Rental income.
*Disclaimer. All information given is provided in good faith but prospective buyers are encouraged to do their own due diligence on development options and council approval.
Property History for 217 Albert St, Osborne Park, WA 6017
- 26 May 2022Sold for $880,000
- 15 Apr 2022Listed for Sale High $800s
- 23 Feb 2012Sold for $600,000
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About Osborne Park 6017
The size of Osborne Park is approximately 5 square kilometres. It has 3 parks covering nearly 0.3% of total area. The population of Osborne Park in 2011 was 4,047 people. By 2016 the population was 4,106 showing a population growth of 1.5% in the area during that time. The predominant age group in Osborne Park is 20-29 years. Households in Osborne Park are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Osborne Park work in a professional occupation. In 2011, 46.5% of the homes in Osborne Park were owner-occupied compared with 45.3% in 2016.
Osborne Park has 4,648 properties. Over the last 5 years, Houses in Osborne Park have seen a 55.35% increase in median value, while Units have seen a 88.55% increase. As at 31 August 2024:
- The median value for Houses in Osborne Park is $915,427 while the median value for Units is $449,156.
- Houses have a median rent of $700 while Units have a median rent of $500.
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