SOLD
Sold on 29 Dec 2023 for $1,100,000

78A Scarborough Beach Road
Scarborough WA 6019

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 247m2
Land area: 247m2
Sold By
Matthew Edwards
Raine & Horne Commercial
Terry Menage
Raine & Horne Commercial
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Property Details for 78a Scarborough Beach Rd, Scarborough

Building Type
Commercial
Year Built
1960
Floor Size
247m2
Land Size
247m2
Local Government
Stirling
Lot/Plan
2/S036892

Last Listing description (April 2024)

Property Features:- 247sqm strata lot- Total land area of 931sqm (part of two lot strata)- Long standing tenant- Development potential - located within 'Beach Road Main Street' Precinct - Less than 1 kilometre from Scarborough BeachPassing income of $54,340 p.a. plus outgoings plus GSTExceptional rental and capital growth prospectsSecure with confidenceOffers Invited (from $1m+)For more information or to arrange a viewing please contact the Selling Agent.

Property History for 78a Scarborough Beach Rd, Scarborough, WA 6019

A timeline of how this property has performed in the market
Last Sold
$1,100,000
29 Dec 2023
  • 02 Apr 2024
    Listed for Sale Offers Invited (from $1m+)
  • 29 Dec 2023
    Sold for $1,100,000
  • 18 Oct 2023
    Listed for Sale Offers Invited (from $1m+)
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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 11,133 properties. Over the last 5 years, Houses in Scarborough have seen a 76.97% increase in median value, while Units have seen a 72.33% increase. As at 31 October 2024:

  • The median value for Houses in Scarborough is $1,240,825 while the median value for Units is $747,552.
  • Houses have a median rent of $850 while Units have a median rent of $670.
There are currently 89 properties listed for sale, and 16 properties listed for rent in Scarborough on OnTheHouse. According to CoreLogic's data, 567 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.