SOLD
Sold on 07 Jan 2024 for $825,000

5/5 Reserve Street
Scarborough WA 6019

Bedrooms: 2
Bathrooms: 2
Car spaces: -
Floor area: 92m2
Land area: 144m2
Sold By
Nigel Williams
Brookwood Realty
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Property Details for 5/5 Reserve St, Scarborough

5/5 Reserve St, Scarborough is a 2 bedroom, 2 bathroom Unit and was built in 2014. The property has a land size of 144m2 and floor size of 92m2. While the property is not currently for sale or for rent, it was last sold in January 2024. There are other 2 bedroom Unit sold in Scarborough in the last 12 months.

Building Type
Unit
Year Built
2014
Floor Size
92m2
Land Size
144m2
Local Government
Stirling
Lot/Plan
5/S062323

Last Listing description (July 2024)

Steps from the iconic Scarborough beach, this luxury second-floor apartment gazes out to the Indian Ocean, a symphony of changing colours and moods. High-spec finishes, including oak floors and Miele appliances, an open plan design that melds into a wide balcony overlooking the sea and a small complex with a communal pool, gym and sauna come together to deliver boutique living steps from the rejuvenated promenade and 15 kilometres from Perth CBD.

2 bedrooms 2 bathrooms
2nd-floor corner apartment

Huge balcony ocean views
Oak floors Miele appliances
Pool gym and sauna onsite
High ceilings double glazing
Secure complex UC parking 2 bays
Intercom system & CCTV security
Oceanside boutique complex
Winner 2015 MBA Award -
Best built apartment building in WA

Steps from the azure waters of Scarborough Beach and the vibrant array of restaurants, bars, and entertainment along the revitalised promenade, this sophisticated oceanside apartment epitomizes the quintessential indoor-outdoor lifestyle. Its open-plan living seamlessly extends to a spacious balcony, offering panoramic vistas of the Indian Ocean.

Positioned on the second floor and occupying a coveted corner spot, the apartment employs lofty ceilings, expansive full-height windows, and a predominantly white palette to craft a refined living experience within a secure boutique complex. Oak flooring, sumptuous carpets and gleaming white stone surfaces accentuate the spectacular light of the coastal setting.

The thoughtfully designed, impeccably appointed kitchen delivers ample inspiration for at-home, oceanside dining and entertaining with an electric oven, induction cooktop, dishwasher, ample storage and a sleek stone countertop. Tucked discreetly to the rear of the kitchen, a stylish European laundry adds to the convenience of modern living.

Both bedrooms boast fitted built-in robes and soft carpet underfoot. The main bedroom boasts a fitted walk-in robe and modern ensuite with shower vanity and WC. The second bedroom has a built-in robe and accesses the family bathroom, a well-appointed space with shower, vanity and WC.

Double glazing, ducted reverse cycle air conditioning, fobbed access, intercom and CCTV ensure exceptional comfort and convenience. Undercover parking for two cars, a storage unit, an on-site sauna, gym and pool add to this apartment's long list of amenities and deliver the ultimate oceanside home.

Strata Admin $1,778.65 per quarter (approx)
Strata Reserve $132 per quarter (approx)

To arrange an inspection of this property, call Nigel Williams 0417 988 680.

Property History for 5/5 Reserve St, Scarborough, WA 6019

A timeline of how this property has performed in the market
Last Sold
$825,000
07 Jan 2024
  • 07 Jan 2024
    Sold for $825,000
  • 13 Dec 2021
    Sold for $774,000
  • 05 Mar 2019
    Listed for Sale $800,000 to $825,000
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About Scarborough 6019

The size of Scarborough is approximately 4.9 square kilometres. It has 17 parks covering nearly 14.9% of total area. The population of Scarborough in 2011 was 14,271 people. By 2016 the population was 15,460 showing a population growth of 8.3% in the area during that time. The predominant age group in Scarborough is 30-39 years. Households in Scarborough are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Scarborough work in a professional occupation. In 2011, 54.5% of the homes in Scarborough were owner-occupied compared with 56.4% in 2016.

Scarborough has 11,142 properties. Over the last 5 years, Houses in Scarborough have seen a 77.35% increase in median value, while Units have seen a 66.94% increase. As at 31 August 2024:

  • The median value for Houses in Scarborough is $1,215,506 while the median value for Units is $724,475.
  • Houses have a median rent of $850 while Units have a median rent of $650.
There are currently 75 properties listed for sale, and 17 properties listed for rent in Scarborough on OnTheHouse. According to CoreLogic's data, 572 properties were sold in the past 12 months in Scarborough.

Suburb Insights for Scarborough 6019

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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.