51/406 Hay StreetSomerville WA 6430
Property Details for 51/406 Hay St, Somerville
51/406 Hay St, Somerville is a 2 bedroom, 2 bathroom Townhouse with 1 parking spaces and was built in 2010. The property has a land size of 189m2 and floor size of 83m2. While the property is not currently for sale or for rent, it was last sold in October 2021.
Last Listing description (December 2022)
This property is sure to catch the attention of all serious investors, or even those just wanting to dabble in the market. With the lease in place until 2024 with a Government Agency, this opportunity is risk free.
Built in 2010
Brick & iron structure
Two bathrooms
Strong GROH lease
$390 per week
Lease until 24th July, 2024
Secure gated complex
Low strata fees
Contact Denise on 0414 280 442 to discuss and to arrange an inspection
Council rates $2,058.31pa
Water rates $260.00pa
Property History for 51/406 Hay St, Somerville, WA 6430
- 30 Oct 2021Sold for $275,000
- 12 Oct 2021Listed for Sale $279,000
- 01 Mar 2012Sold for $295,000
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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 1,809 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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