7 Orleans StreetSpearwood WA 6163
Property Details for 7 Orleans St, Spearwood
7 Orleans St, Spearwood is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1977. The property has a land size of 700m2 and floor size of 125m2. While the property is not currently for sale or for rent, it was last sold in February 2024. There are other 3 bedroom House sold in Spearwood in the last 12 months.
Last Listing description (April 2024)
Prime Development Opportunity in Spearwood. Welcome to your next investment opportunity! Nestled in the heart of Spearwood, this 3 bedroom, 1 bathroom home on a generous 700sqm block with R40 zoning is a developer's dream.Key Features:Location: Situated in the sought-after suburb of Spearwood, enjoy the convenience of local amenities, schools, and parks, all within easy reach.Development Potential: With R40 zoning, this property opens doors to various development possibilities. Explore the potential for multiple dwellings or a new project to maximize your investment.Spacious Block: The expansive 700sqm block provides ample space for creative development while ensuring a comfortable and private living environment.Property Highlights:Three Bedrooms: Comfortable and well-appointed bedrooms offer space for the entire family.Functional Layout: The home boasts a practical layout, providing a seamless flow between living, dining, and outdoor spaces.Investor's Delight: Whether you're a seasoned investor or a first-time buyer looking to capitalise on future growth, this property presents an exciting opportunity.Local Amenities:Education: Proximity to reputable schools makes this an ideal location for families.Recreation: Enjoy nearby parks, shopping centres, and recreational facilities for a balanced lifestyle.Don't miss out on the chance to secure your slice of Spearwood's potential growth. Contact us today to arrange a viewing and explore the endless possibilities this property has to offer.Disclaimer: All development plans are subject to WAPC approval and the property is sold "as is". Built: 1977*Block Size: 700sqm*Water Rates: $1,040 pa*Council Rates: $1,800 pa**Approximate
Property History for 7 Orleans St, Spearwood, WA 6163
- 09 Feb 2024Sold for $670,000
- 08 Dec 2023Listed for Sale Under Offer
- 18 Aug 1982Sold for $42,000
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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 6,069 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.
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