78 Albert StreetOsborne Park WA 6017
Property Details for 78 Albert St, Osborne Park
Last Listing description (September 2023)
MLV Real Estate presents the opportunity to acquire this strategically
positioned Osborne Park landholding and significant development opportunity.
Located the established industrial suburb of Osborne Park, approximately 8km
The property offers exceptional accessibility, being approximately 350m from the
Mitchell Freeway on ramp.
The improvements comprise an older style, brick veneer and tile residential
dwelling, part converted to office use, together with a steel frame and metal
deck rear workshop.
The property is currently zoned 'Development' under the City of Stirling
Local Planning Scheme No. 3 and under the Draft Herdsman Glendalough
Structure Plan (endorsed by council) are proposed to be rezoned as 'Business'.
Key Highlights include:
* Land Area of 1,012sqm
* Converted residence -approximately 121sqm
* Workshop - approximately 132sqm
* Exceptional location
* Strong development potential
* Land banking opportunity
To be Sold with Vacant Possession.
Property History for 78 Albert St, Osborne Park, WA 6017
- 04 Sep 2023Sold for $1,200,000
- 23 Aug 2023Listed for Sale Contact Agent
- 04 Jun 1987Sold for $125,000
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0About 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 4,644 properties. Over the last 5 years, Houses in Osborne Park have seen a 54.38% increase in median value, while Units have seen a 78.69% increase. As at 31 July 2024:
- The median value for Houses in Osborne Park is $906,069 while the median value for Units is $424,802.
- Houses have a median rent of $670 while Units have a median rent of $500.
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