SOLD
Sold on 17 Mar 2024 for $510,000

5 Demetre Crescent
Pegs Creek WA 6714

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 114m2
Land area: 720m2
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Property Details for 5 Demetre Cres, Pegs Creek

5 Demetre Cres, Pegs Creek is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1979. The property has a land size of 720m2 and floor size of 114m2. While the property is not currently for sale or for rent, it was last sold in March 2024. There are other 3 bedroom House sold in Pegs Creek in the last 12 months.

Building Type
House
Year Built
1979
Floor Size
114m2
Land Size
720m2
Local Government
Karratha
Lot/Plan
1851/P214039

Last Listing description (July 2024)

Welcome to your new home at 5 Demetre Crescent, Pegs Creek! This charming property presents an excellent opportunity for first home buyers and savvy investors alike.

What to love?

Step inside the front door and be welcomed by the panorama of a spacious open plan kitchen/dining family area.
The tiled floors make for easy maintenance and the kitchen's fitted with modern kitchen cabinetry, tiled splashbacks, a pantry, and a free-standing electric oven. The home's fully equipped with split system air conditioning and fans throughout for comfort and the separate laundry has convenient outside access.

Three good-sized bedrooms, one with a large built-in wardrobe, are supported by a family bathroom featuring a shower and large vanity unit with plenty of storage. Check out the rural vista presented through the bedroom's picture window - better than a photograph any day!

Outside, the large back patio and lawn present an ideal space for entertaining and for the kids and pets to romp around, or make it your own tranquil oasis and enjoy relaxing alongside the in-ground pool.

The carport offers protection from the sun for your vehicles and there's wide side access leading through to a large shed with roller door. Take advantage of the space available on either side of the home to park your boat or caravan. Secure fencing completes a great exterior picture.

What to know?

Block Size: 720m2

House Size: 114m2

Year Built: 1979

Council rates: $2,830 approximately

Water rates: $1,010.60

Potential rental income in excess of $1100/week

To be sold by Set Date Sale, with offers closing at 3pm on Tuesday, 12 March

This property offers a blend of comfort, convenience, and potential. With a location close to town and within walking distance of Pegs Creek Primary school, it couldn't be more perfectly located.
Whether you're looking for your first home or an investment opportunity, 5 Demetre Crescent ticks the boxes. Don't miss the opportunity to make it yours.

Who to talk to?

Contact Jordan James 0458 193 869 or Anna Guilllesser 0428 620 894 for more information about the property and the sales process.

Property History for 5 Demetre Cres, Pegs Creek, WA 6714

A timeline of how this property has performed in the market
Last Sold
$510,000
17 Mar 2024
Listed for Rent
23 Jul 2023
  • 17 Mar 2024
    Sold for $510,000
  • 27 Feb 2024
    Listed for Sale Not Disclosed
  • 13 Jul 2023
    Listed for Rent $975 / week
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About Pegs Creek 6714

The size of Pegs Creek is approximately 4.5 square kilometres. It has 3 parks covering nearly 1.5% of total area. The population of Pegs Creek in 2011 was 1,879 people. By 2016 the population was 1,997 showing a population growth of 6.3% in the area during that time. The predominant age group in Pegs Creek is 20-29 years. Households in Pegs Creek are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Pegs Creek work in a trades occupation. In 2011, 24.4% of the homes in Pegs Creek were owner-occupied compared with 23.5% in 2016.

Pegs Creek has 1,211 properties. Over the last 5 years, Houses in Pegs Creek have seen a 56.80% increase in median value, while Units have seen a 171.88% increase. As at 30 September 2024:

  • The median value for Houses in Pegs Creek is $520,162 while the median value for Units is $387,135.
  • Houses have a median rent of $1,000 while Units have a median rent of $975.
There are currently 7 properties listed for sale, and 3 properties listed for rent in Pegs creek on OnTheHouse. According to CoreLogic's data, 62 properties were sold in the past 12 months in Pegs creek.

Suburb Insights for Pegs Creek 6714

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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.