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Sold on 11 Nov 2024 - Price Unavailable

18/1 Ochiltree Street
Somerville WA 6430

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
Land area: 153m2
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Property Details for 18/1 Ochiltree St, Somerville

18/1 Ochiltree St, Somerville is a 2 bedroom, 1 bathroom Unit with 2 parking spaces. The property has a land size of 153m2. While the property is not currently for sale or for rent, it was last sold in November 2024. There are other 2 bedroom Unit sold in Somerville in the last 12 months.

Building Type
Unit
Land Size
153m2

Last Listing description (November 2024)

This furnished investment property promises both potential and profitability. Whether you're an experienced investor or just starting, this opportunity is perfect for those looking to expand their portfolio with a solid asset. Positioned in a highly sought-after area with strong demand

Currently leased at $550.00 per week until 31/1/2025, showing a gross rental return of 10%.

Call Levi Willcocks on 0474 587 930 for a private inspection.

Features
Furnished
2 Bedrooms with Built-In Robes
1 Bathroom
Open Plan Living and Dining
Modern kitchen with Gas Cooking
Evaporative Airconditioning
Private Courtyard with Garden Shed
2 Carpark Spaces in Secure Complex
Communal Inground Swimming Pool
Land - 153m²

Strata - $889.05 Quarterly
Rates - $2,238.46
Water - $280.00app.

Property History for 18/1 Ochiltree St, Somerville, WA 6430

A timeline of how this property has performed in the market
Last Sold
11 Nov 2024
Listed for Rent
$550/w
17 Jan 2024
  • 02 Nov 2024
    Sold for $265,000
  • 15 Aug 2024
    Listed for Sale $285,000
  • 05 Jan 2024
    Listed for Rent $550 / week
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About Somerville 6430

The size of Somerville is approximately 4.7 square kilometres. It has 10 parks covering nearly 15% of total area. The population of Somerville in 2011 was 3,811 people. By 2016 the population was 4,134 showing a population growth of 8.5% in the area during that time. The predominant age group in Somerville is 40-49 years. Households in Somerville are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Somerville work in a trades occupation. In 2011, 58.6% of the homes in Somerville were owner-occupied compared with 59% in 2016.

Somerville has 1,815 properties. Over the last 5 years, Houses in Somerville have seen a 40.90% increase in median value, while Units have seen a 69.57% increase. As at 30 November 2024:

  • The median value for Houses in Somerville is $564,941 while the median value for Units is $313,261.
  • Houses have a median rent of $830 while Units have a median rent of $600.
There are currently 26 properties listed for sale, and 2 properties listed for rent in Somerville on OnTheHouse. According to CoreLogic's data, 115 properties were sold in the past 12 months in Somerville.

Suburb Insights for Somerville 6430

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Contact agent
Levi Willcocks
Show contact details
First National Real Estate Kalgoorlie
Preferred contact:
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.