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Sold on 15 Nov 2024 - Price Unavailable

17/3 Burgundy Crescent
Spearwood WA 6163

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
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Property Details for 17/3 Burgundy Cres, Spearwood

17/3 Burgundy Cres, Spearwood is a 2 bedroom, 1 bathroom Apartment with 1 parking spaces. While the property is not currently for sale or for rent, it was last sold in November 2024. There are other 2 bedroom Apartment sold in Spearwood in the last 12 months.

Building Type
Apartment

Last Listing description (November 2024)

Nestled in a secure gated complex, this semi-refurbished top-floor apartment offers an ideal blend of convenience, comfort, and low maintenance living. Enjoy exceptional proximity to medical facilities, Spearwood and Phoenix Primary Schools, multiple parks, transport links, Phoenix Shopping Centre, and Aldi—all within walking distance. This prime location ensures easy access to daily necessities and lifestyle amenities.

The apartment features neutral tones throughout, a functional kitchen with extra overhead cabinetry, a spacious living area, a generously sized main bedroom complete with a robe, bed, and bedside drawers (single) included in the sale, plus a versatile secondary bedroom that can serve as a study. The generous sized bathroom also includes a dryer which remains as part of the sale.

This property presents a realistic and affordable opportunity for first-time buyers to enter the current buoyant market. It also offers investors a fantastic chance to capitalize on the sought-after location and low-maintenance setup, which typically results in minimal vacancy periods given its proximity to everything.

Currently leased at $360 per week on a periodical basis with low strata fees of $585.50 per 1/4 relative to many other apartments in the immediate area.

Please contact the team to register your interest as this will not last long.

Disclaimer:
This information is provided for general information purposes only and is based on information provided by the Seller and may be subject to change. No warranty or representation is made as to its accuracy and interested parties should place no reliance on it and should make their own independent enquiries.

Property History for 17/3 Burgundy Cres, Spearwood, WA 6163

A timeline of how this property has performed in the market
Last Sold
15 Nov 2024
Listed for Rent
$260/w
19 May 2020
  • 01 Nov 2024
    Sold for $315,000
  • 17 Oct 2024
    Listed for Sale Offers in $300,000's
  • 11 May 2020
    Listed for Rent $260 / week
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About Spearwood 6163

The size of Spearwood is approximately 6.1 square kilometres. It has 28 parks covering nearly 26.3% of total area. The population of Spearwood in 2011 was 9,097 people. By 2016 the population was 10,037 showing a population growth of 10.3% in the area during that time. The predominant age group in Spearwood is 40-49 years. Households in Spearwood are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Spearwood work in a trades occupation. In 2011, 68.6% of the homes in Spearwood were owner-occupied compared with 66.8% in 2016.

Spearwood has 6,081 properties. Over the last 5 years, Houses in Spearwood have seen a 100.39% increase in median value, while Units have seen a 80.39% increase. As at 30 November 2024:

  • The median value for Houses in Spearwood is $882,360 while the median value for Units is $466,775.
  • Houses have a median rent of $670 while Units have a median rent of $580.
There are currently 38 properties listed for sale, and 6 properties listed for rent in Spearwood on OnTheHouse. According to CoreLogic's data, 241 properties were sold in the past 12 months in Spearwood.

Suburb Insights for Spearwood 6163

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Team Trolio
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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.