21/3 Great Eastern HighwaySomerville WA 6430
Property Details for 21/3 Great Eastern Hwy, Somerville
21/3 Great Eastern Hwy, Somerville is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2007. The property has a land size of 163m2 and floor size of 80m2. While the property is not currently for sale or for rent, it was last sold in December 2023. There are other 2 bedroom Unit sold in Somerville in the last 12 months.
Last Listing description (August 2024)
Looking to start your investment journey? Look no further!
Whether you're a seasoned investor or someone looking to enter the property market, 21/3 Great Eastern Highway presents an affordable and lucrative opportunity.
With its attractive 9.5% rental yield, strategic location, and functional design, this unit is poised to deliver both short-term gains and long-term appreciation.
Features of this home include:
2 Large bedrooms both with built in robes
1 Bathroom
Secure gated complex
Natural gas connected
Garden shed
Figures for the astute investor:
Currently leased at $480.00 until June 2024 with secure GROH lease in place
Strata Levy $595.20 per quarter
Council rates $2,089.17 pa
Water rates $276.00 pa (approx.)
This home presents an excellent opportunity to acquire this gem of an investment, contact Jesse Kyles on 048 991 686 to arrange your private inspection.
Council rates: $2,089.17 pa
Water rates $276.00 pa (approx.)
Property History for 21/3 Great Eastern Hwy, Somerville, WA 6430
- 08 Dec 2023Listed for Sale $260,000
- 08 Dec 2023Sold for $260,000
- 04 Jul 2007Sold for $165,000
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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 1,810 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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