OFF MARKET

5/396 South Terrace
South Fremantle WA 6162

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 135m2
Land area: 135m2
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Last updated 30 Sep 2024
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Property Details for 5/396 South Tce, South Fremantle

5/396 South Tce, South Fremantle is a 3 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1900. The property has a land size of 135m2 and floor size of 135m2. While the property is not currently for sale or for rent, it was last sold in December 2022.

Building Type
Unit
Year Built
1900
Floor Size
135m2
Land Size
135m2
Local Government
Fremantle
Lot/Plan
5/S029778

Last Listing description (February 2023)

SOLD, SOLD, SOLD!! By Justin Miorada & Michael Edwards Property frequently booked for short-term accommodation please call for viewing times.CIRCA 1900's HUGE RENOVATED 3 BEDROOM APARTMENT ABSOLUTELY UNIQUE - ONE-OF-A-KIND CLASSIC Truly Sensational Location - Do Not Miss Viewing Property Welcome to this absolute rarity nestled in the heart of South Fremantle - this is one of those buying opportunities that you will most certainly kick yourself for missing out on if you don't act quickly.....it is that good!Of course, we are all enamoured with the lifestyle benefits offered from potentially living in this ever-popular locality. One of the regularly espoused main attributes being the ability to "stroll to the thriving cafe & restaurant" scene of South Freo - well, how about being perched directly above the famous South Beach Hotel where the most sought-after eateries are literally at your doorstep? This is outstanding!A full panoramic vista from your own huge private balcony incorporating not only the nearby cafes but also a clear view to the imposing presence of the Norfolk Pine trees of Wilson Park and the direct sightline offered to the crystal blue waters of South Beach makes this a location to die for! Property Features - 3 absolutely huge bedrooms - what you might expect in a massive family home - Huge recently restored Jarrah wrap-around verandah- Extra large separate living room - Renovated kitchen & laundry featuring a mixture of timber & white cabinetry subway splash backs.- Modernised bathroom in Edwardian tiling with full-sized bath and pedestal basin- Soaring high ceilings, ornate cornices & ceiling roses - Solid Jarrah floors, skirting boards and architraves.- Original timber and glass doors for each access point to the balcony - Period style ornamental fireplace- Freshly painted throughout - no work to be done, very well maintained - ....plus moreExtra Bonus Features:- Hugely popular Air B'n'B - a massive potential revenue return (current figures avail)- Short Stay Accommodation Approval from the City of Fremantle- Off-street garage and casual open parkingThis property will suit:- Singles and/or professional couples looking for a classy and ideal low-maintenance option - Investors looking for a solid rental return with a huge upside- FIFO workers keen to secure a lock and leave home within easy access to eateries, beaches, the Freo city centre and the many lifestyle benefits of the locality - such a central location- City workers seeking to cut down their commuting time and maximise their ability to enjoy the lifestyle benefits of the area- Interstate, overseas & country investors who see South Fremantle as a value-for-money investment option in perhaps one of the safest areas in Australia at present- Downsizers ready to capitalise on recent capital growth from the sale of a larger property & secure a lifestyle option like this- As well as those who have always wanted to live in amongst the new vibe of South Freo within a short stroll to the beach!Be sure to make a private appointment or come along to a twilight/evening viewing and soak up the feeling of having entered a home you will want to show off to all your friends (think dinners and social gatherings) whilst at the same time being a sanctuary you could just as easily soak up your free time by reading a favourite book in front of the fireplace or enjoying a glass of wine and/or a bbq to some chilled music out on the verandah of an evening after work.Take advantage of this fresh opportunity to make this residence yours. Call Justin Miorada on 0477 600 556 or Michael Edwards (REIWA Grandmaster Salesperson) on 0412 470 468 to discuss and/or organise to make your offer on this superb home today.

Property History for 5/396 South Tce, South Fremantle, WA 6162

A timeline of how this property has performed in the market
Last Sold
$882,000
02 Dec 2022
Listed for Rent
$600/w
08 Dec 2005
  • 02 Dec 2022
    Sold for $882,000
  • 17 Jun 2022
    Listed for Sale FROM $869,000
  • 13 May 2018
    Sold for $685,000
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About South Fremantle 6162

The size of South Fremantle is approximately 1.6 square kilometres. It has 7 parks covering nearly 8.3% of total area. The population of South Fremantle in 2011 was 2,999 people. By 2016 the population was 3,087 showing a population growth of 2.9% in the area during that time. The predominant age group in South Fremantle is 50-59 years. Households in South Fremantle are primarily childless couples and are likely to be repaying $3000 - $3999 per month on mortgage repayments. In general, people in South Fremantle work in a professional occupation. In 2011, 66% of the homes in South Fremantle were owner-occupied compared with 67% in 2016.

South Fremantle has 1,765 properties. Over the last 5 years, Houses in South Fremantle have seen a 61.79% increase in median value, while Units have seen a 48.79% increase. As at 30 September 2024:

  • The median value for Houses in South Fremantle is $1,360,044 while the median value for Units is $741,847.
  • Houses have a median rent of $950 while Units have a median rent of $700.
There are currently 7 properties listed for sale, and 4 properties listed for rent in South fremantle on OnTheHouse. According to CoreLogic's data, 66 properties were sold in the past 12 months in South fremantle.

Suburb Insights for South Fremantle 6162

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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.