OFF MARKET

48 Grey Road
Padbury WA 6025

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 104m2
Land area: 683m2
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Property Details for 48 Grey Rd, Padbury

48 Grey Rd, Padbury is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1975. The property has a land size of 683m2 and floor size of 104m2. While the property is not currently for sale or for rent, it was last sold in October 2021.

Building Type
House
Year Built
1975
Floor Size
104m2
Land Size
683m2
Local Government
Joondalup
Lot/Plan
606/P010847

Last Listing description (November 2021)

Secure your future in the exclusive south/ west pocket of Padbury, bordered by Hillarys and Duncraig, just 2km to the beach. Solid as a rock with scope to add value. 48 Grey Road has the perfect ingredients to take you from first home buyer to forever family in a location you won't want to leave!THE HOMERestored by a registered builder everywhere that counts, upgrades promise easy living for generations to come. A little peace of mind that goes a long way. You'll be forgiven for mistaking this 70's Plunkett build for a much younger residence! It strikes the perfect balance between renovated and room to add your personal touch. Soak up the sun-drenched, relaxed vibes. On entry, you sense that this is the place to set down some roots. A haven from the chaos of everyday life where you will grow. Your home will adapt to your changing needs over time. The functional layout means separation between living and sleeping areas, plus a designated study nook or perhaps a play zone to keep the kids close. Outside, picture feast tables, festoon lights, lanterns, and celebrations. Spend balmy summer eve's watching the kids climbing trees and kicking the footy, running wild. Plenty of space to grow a food forest or drop a pool in the yard for summer. Christmas, birthdays, and parties are about to level up! Make money while you sleep! Take advantage of Perth's exploding rental market, hold, or build a granny flat for the best of both worlds - cash in on everything this incredible suburb has to offer. Padbury has a vacancy rate of 0.44% and a median rental yield of 4.29% - a no brainer for investors or owner-occupiers alike!The right home now, that can adapt to the long game - set yourself up to win. Call Tyson on 0412 350 096 to secure 48 Grey Road today.SNAPSHOT- 683 SQM of level land- Restored roof, new gutters and downpipes, new downlights, grouting, partially renovated kitchen and bathroom, and so much more.- 3 beds- 1 bathroom- Separate dining and lounge- Enormous backyard with grass and mature gardens- Single car garage with access to yard- Garden shed- Split system air conditioner - In-ceiling insulation- Space to extend or get creative- Extremely well maintained, neat as a pin- Vibrant coastal community, with so much to offer - read below.LIFESTYLEA vibrant, connected community that keeps getting better. We have Padbury pegged as the place to be, and with an annual growth rate of 12%, Perth buyers agree!Families are spoilt for choice with highly regarded South Padbury PS 400m from your door and Duncraig SHS an easy 15 min stroll. Walk 8 minutes to your morning coffee from the team at Alex Junior, and shop the awesome merchandise "Straight Outta Padbury" worn by all the true locals, of course. Grab groceries from IGA and prep your summer wardrobe at R'nay clothing before you get some salt on your skin at Hillarys Marina, about 2km away. Within a 2km radius, you have multiple parks, schools, shops, restaurants, native reserves, coffee, gyms, childcare, local community groups and so much more. You have everything at your fingertips! The incredible value of this thriving coastal suburb is still being realised, so secure your place before you miss out!Disclaimer - Whilst every care has been taken in the preparation of this advertisement, all information supplied by the seller and the seller's agent is provided in good faith. Prospective purchasers are encouraged to make their own enquiries to satisfy themselves on all pertinent matters

Property History for 48 Grey Rd, Padbury, WA 6025

A timeline of how this property has performed in the market
Last Sold
$636,000
05 Oct 2021
Listed for Rent
$400/w
14 Jul 2014
  • 05 Oct 2021
    Sold for $636,000
  • 01 Oct 2021
    Listed for Sale UNDER OFFER! UNDER OFFER!
  • 11 Apr 2014
    Listed for Rent - Price not available
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About Padbury 6025

The size of Padbury is approximately 6.1 square kilometres. It has 18 parks covering nearly 35.2% of total area. The population of Padbury in 2011 was 8,366 people. By 2016 the population was 8,196 showing a population decline of 2.0% in the area during that time. The predominant age group in Padbury is 30-39 years. Households in Padbury are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Padbury work in a professional occupation. In 2011, 78.4% of the homes in Padbury were owner-occupied compared with 78.6% in 2016.

Padbury has 4,117 properties. Over the last 5 years, Houses in Padbury have seen a 89.76% increase in median value, while Units have seen a 62.69% increase. As at 31 October 2024:

  • The median value for Houses in Padbury is $909,444 while the median value for Units is $642,543.
  • Houses have a median rent of $678 while Units have a median rent of $595.
There are currently 27 properties listed for sale, and 1 property listed for rent in Padbury on OnTheHouse. According to CoreLogic's data, 148 properties were sold in the past 12 months in Padbury.

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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.