18/10 Great Eastern HighwaySomerville WA 6430
Property Details for 18/10 Great Eastern Hwy, Somerville
18/10 Great Eastern Hwy, Somerville is a 2 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 147m2 and floor size of 85m2. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 2 bedroom House sold in Somerville in the last 12 months.
Last Listing description (July 2024)
Discover a prime investment opportunity with this unit located in a secure complex in a fantastic location. With a fixed term lease already in place, this property offers stable returns for savvy investors.
Features include:
• 2 Bedrooms (both w/ built in robes)
• Open kitchen, living and dining area
• Evaporative cooling throughout
• Split system to the open plan living area
• Natural gas (cooktop, hot water system & bayonet for heating)
• Brand new carpets to the 2 bedrooms & lounge room area
• Low maintenance gardens
• Patio area to the rear
• Garden shed
• Shared complex pool for residents to use
• 1 under cover carport
• Built approx. 1999
• Currently leased to a company @ $550.00 per week until May 2025
• Strata fees - $2394.00 approx. per annum (includes building insurance)
• Council rates - $2120.00 approx.
• Water rates - $285.00
Seize this exceptional investment opportunity today and secure your future returns!
**Conjunctionals Welcomed
Disclaimer: Whilst every care has been taken in the preparation of this advertisement, accuracy can not be guaranteed. To the best of our knowledge the information listed is true and accurate however may be subject to change without warning at any time and this is often out of our control. Prospective tenants and purchasers should make their own enquiries to satisfy themselves on the pertinent matters. Details herein do not constitute any representation by the owner or the agent and are expressly excluded from any contract.
Property History for 18/10 Great Eastern Hwy, Somerville, WA 6430
- 12 Jun 2024Sold for $275,000
- 28 May 2024Listed for Sale $275,000
- 19 Apr 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 1,805 properties. Over the last 5 years, Houses in Somerville have seen a 38.67% increase in median value, while Units have seen a 62.64% increase. As at 30 September 2024:
- The median value for Houses in Somerville is $540,116 while the median value for Units is $305,955.
- Houses have a median rent of $820 while Units have a median rent of $600.
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