SOLD
Sold on 09 Jun 2024 for $450,000

108B Safety Bay Road
Shoalwater WA 6169

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 79m2
Land area: 436m2
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Property Details for 108b Safety Bay Rd, Shoalwater

108b Safety Bay Rd, Shoalwater is a 3 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1970. The property has a land size of 436m2 and floor size of 79m2. While the property is not currently for sale or for rent, it was last sold in June 2024. There are other 3 bedroom Unit sold in Shoalwater in the last 12 months.

Building Type
Unit
Year Built
1970
Floor Size
79m2
Land Size
436m2
Local Government
Rockingham
Lot/Plan
2/S016366

Last Listing description (August 2024)

Discover the potential of 108A and 108B Safety Bay Road, Shoalwater, a delightful and well-presented duplexes that consist of 2 identical, 3 bedrooms, and 1 bathroom with a shared common wall, dividing fence, and driveway that is currently UP FOR GRABS!!! This home, nestled on a generous 1012 m2 lot with a R40 zoning, presents unique opportunities for future investors or a first home buyer looking to take advantage of the current rental market!

Unit A: FROM $390,000
Unit B: FROM $390,000

OPTION 1:
Move into Unit B and rent out Unit A.

OPTION 2:
Knock down both duplexes and subdivide into a potential 3 or 4-unit lot (subject to council approval)

OPTION 3:
Continue leasing out both duplexes and watch Perth's land value continue to rise!

The house boasts three well-proportioned bedrooms, providing comfortable living spaces for all members of the household. A separate toilet and bathroom ensure convenience and privacy, catering to the needs of a busy family or guests. The heart of this home is the open-plan kitchen and living area, where natural light floods in to create a warm and inviting atmosphere. The kitchen is equipped with a stainless-steel oven, an electric cooktop, and spacious cabinets, perfect for those who love cooking and entertaining.

Enhancing the property's allure, a separate laundry area is ideal for accommodating laundry appliances and offers convienient outdoor access to the spacious backyard. Step outside to the expansive backyard that offers endless possibilities for outdoor activities, gardening enthusiasts, or simply relaxing in your private oasis. Additionally, a garden shed provides convenient storage for tools and equipment.

Approximately Location Features:
- 210m to Shoalwater IGA
- 600m to Shoalwater Oval
- 650m to Lake Richmond
- 1.1km to Safety Bay Primary School
- 1.2km to Shoalwater Foreshore Reserve
- 3.0km to Shoalwater Beach
- 3.03km to Safety Bay Senior High School
- 4.6 km to Rockingham Centre

Property Details

108A Safety Bay Road

? Land Area: 439 sqm
? Floor Area: 100 sqm
? RPD: Lot 1 S016366
? Water Rates: $938.89 p.a.
? Council Rate: $ 1910.02 p.a.

108B Safety Bay Road

? Land Area: 436 sqm
? Floor Area: 79 sqm
? RPD: Lot 2 S016366
? Water Rates: $938.89 p.a.
? Council Rate: $ 1910.02 p.a.

Seize the opportunity to call 108A and 108B Safety Bay Road, Shoalwater your new home. Send us an enquiry today to seize this fantastic opportunity and we will be in touch with you to discuss further about the property.

*Information Disclaimer: This information is solely for advertising and marketing purposes only. At the point of preparing the advertisement, it is believed to be accurate. Interested parties must undertake independent enquiries and investigations in any details herein that are true and correct. Information and figures may be subjected to changes without prior notice.

Property History for 108b Safety Bay Rd, Shoalwater, WA 6169

A timeline of how this property has performed in the market
Last Sold
$450,000
09 Jun 2024
Listed for Rent
$350/w
23 Jun 2023
  • 09 Jun 2024
    Sold for $450,000
  • 05 Jun 2024
    Listed for Sale FROM $390,000 / Unit
  • 16 Jun 2023
    Listed for Rent $350 / week
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About Shoalwater 6169

The size of Shoalwater is approximately 2.5 square kilometres. It has 14 parks covering nearly 19% of total area. The population of Shoalwater in 2011 was 3,846 people. By 2016 the population was 4,103 showing a population growth of 6.7% in the area during that time. The predominant age group in Shoalwater is 50-59 years. Households in Shoalwater are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Shoalwater work in a trades occupation. In 2011, 56.9% of the homes in Shoalwater were owner-occupied compared with 60.7% in 2016.

Shoalwater has 2,597 properties. Over the last 5 years, Houses in Shoalwater have seen a 99.70% increase in median value, while Units have seen a 69.30% increase. As at 31 August 2024:

  • The median value for Houses in Shoalwater is $791,677 while the median value for Units is $377,306.
  • Houses have a median rent of $610 while Units have a median rent of $410.
There are currently 23 properties listed for sale, and 5 properties listed for rent in Shoalwater on OnTheHouse. According to CoreLogic's data, 133 properties were sold in the past 12 months in Shoalwater.

Suburb Insights for Shoalwater 6169

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Leigh Choo
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Perth One Real Estate
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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.