18/1 Ochiltree StreetSomerville WA 6430
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.
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
- 11 Nov 2024Sold
- 15 Aug 2024Listed for Sale $285,000
- 05 Jan 2024Listed for Rent $550 / week
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0About 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 1,809 properties. Over the last 5 years, Houses in Somerville have seen a 41.91% increase in median value, while Units have seen a 72.41% increase. As at 31 October 2024:
- The median value for Houses in Somerville is $558,294 while the median value for Units is $318,418.
- Houses have a median rent of $840 while Units have a median rent of $600.
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