OFF MARKET

4/2 Market Street
Rockingham WA 6168

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 63m2
Land area: 106m2
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Property Details for 4/2 Market St, Rockingham

4/2 Market St, Rockingham is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2016. The property has a land size of 106m2 and floor size of 63m2. While the property is not currently for sale or for rent, it was last sold in June 2023.

Building Type
Unit
Year Built
2016
Floor Size
63m2
Land Size
106m2
Local Government
Rockingham
Lot/Plan
20/S063920

Last Listing description (March 2024)

This modern 2 bedroom, 2 bathroom apartment is located in a secure complex and in an ideal spot close to shops, parks, schools, Murdoch University and a short drive to the Rockingham Foreshore.

This property delights with an open kitchen, dining and living area as well as two bedrooms and two bathrooms. It also features little luxuries such as a private balcony, built-in robes and split system air conditioning.

Features include:

Stainless steel appliances - Electric cooktop and oven
Lockable storeroom
Centrally located for easy convenience to all facilities
NBN available and ready
1 undercover parking bay; Lock and leave
Easy care, very secure
Close to schools, local shops, parks and transport

This property is ready to move into for owner occupiers, but can also serve as the perfect investment into your future.

This property is currently tenanted under the National Rental Affordability Scheme (NRAS) credit approved on the property not due to expire until 30/06/2026, which makes it an investors dream!

It currently comes with a periodic lease with weekly rental income of $244 and additional government incentives, excellent tax savings and positive cash flow.

The key features of investment in the scheme are:

It is a flexible system - investors may exit at any time
A competitive and transparent cost structure
Robust tenant selection and management
All relevant character, employment and past rental history checks
are carried out
Potentially lower vacancy and tenant turnover risk due to
attractive rents
Investors retain ultimate control over property maintenance and tenants
Strong cash flow - multiple income streams
The system has been developed by investors for investors

The NRAS credit can easily be removed for owner occupiers prior to settlement.

Please contact Rose-Marie Houghton on 0488360635 or rose@perthpropertysolutions.com.au
for more information, to inspect the property or to make an offer.

Property History for 4/2 Market St, Rockingham, WA 6168

A timeline of how this property has performed in the market
Last Sold
$345,000
26 Jun 2023
Listed for Rent
$215/w
18 Apr 2019
  • 26 Jun 2023
    Sold for $345,000
  • 24 Apr 2023
    Listed for Sale Offers Over $350,000
  • 29 Jan 2019
    Listed for Rent - Price not available
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About Rockingham 6168

The size of Rockingham is approximately 12.9 square kilometres. It has 46 parks covering nearly 24% of total area. The population of Rockingham in 2011 was 14,159 people. By 2016 the population was 14,430 showing a population growth of 1.9% in the area during that time. The predominant age group in Rockingham is 50-59 years. Households in Rockingham are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Rockingham work in a trades occupation. In 2011, 59.1% of the homes in Rockingham were owner-occupied compared with 59.9% in 2016.

Rockingham has 10,013 properties. Over the last 5 years, Houses in Rockingham have seen a 107.81% increase in median value, while Units have seen a 102.91% increase. As at 31 October 2024:

  • The median value for Houses in Rockingham is $700,993 while the median value for Units is $486,218.
  • Houses have a median rent of $570 while Units have a median rent of $500.
There are currently 75 properties listed for sale, and 42 properties listed for rent in Rockingham on OnTheHouse. According to CoreLogic's data, 663 properties were sold in the past 12 months in Rockingham.

Suburb Insights for Rockingham 6168

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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.