OFF MARKET

7 Ferris Way
Spearwood WA 6163

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 114m2
Land area: 720m2
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Property Details for 7 Ferris Way, Spearwood

7 Ferris Way, Spearwood is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1976. The property has a land size of 720m2 and floor size of 114m2. While the property is not currently for sale or for rent, it was last sold in March 2021.

Building Type
House
Year Built
1976
Floor Size
114m2
Land Size
720m2
Local Government
Cockburn
Lot/Plan
714/D044975

Last Listing description (May 2021)

Closing date SALE
All offers presented by the 18th March 2021
The seller reserves the right to sell prior

Situated West of Hamilton Road in the sought-after Manning Park precinct, you cannot go past this location.

If you are looking for your next project, then this solid 1976 built home ready for future renovation or subdivision may be what you are looking for.

Zoned R30 with subdivision potential subject to WAPC approval
720sqm land size
19.16m frontage

If subdivision is not an option right now, then renovate the solid brick & tile 3-bedroom, 1 bathroom home until the timing is right.

The property is currently tenanted to a long term tenant at $330 p/week who would continue renting the property back. The lease is a periodic lease of which vacant possession can also be available.

Located in one of Spearwoods premiere location close to shopping centres, parks, transport. Close to the Port Coogee Marina & the stunning beaches, cafes & restaurants on offer.

PROPERTY INFORMATION
Council rates: $1,572.91 per annum
Water rates: $1,044.06 per annum
Block size: 720 sqm
Zoning: R30
Build year: 1976

DISCLAIMER: Whilst every care has been taken with the preparation of the particulars contained in the information supplied, believed to be correct, neither the Agent or the client, guarantee their accuracy. Interested persons are advised to make their own enquiries and satisfy themselves in all respects. The particulars contained are not intended to form part of any contract.

Property History for 7 Ferris Way, Spearwood, WA 6163

A timeline of how this property has performed in the market
Last Sold
$550,000
11 Mar 2021
  • 11 Mar 2021
    Sold for $550,000
  • 26 Feb 2021
    Listed for Sale Closing date SALE
  • 23 Jun 2005
    Sold for $220,000

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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 6,070 properties. Over the last 5 years, Houses in Spearwood have seen a 104.03% increase in median value, while Units have seen a 91.96% increase. As at 31 October 2024:

  • The median value for Houses in Spearwood is $882,531 while the median value for Units is $477,179.
  • Houses have a median rent of $650 while Units have a median rent of $575.
There are currently 49 properties listed for sale, and 5 properties listed for rent in Spearwood on OnTheHouse. According to CoreLogic's data, 214 properties were sold in the past 12 months in Spearwood.

Suburb Insights for Spearwood 6163

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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.