1111 Albany HighwaySt James WA 6102
Property Details for 1111 Albany Hwy, St James
1111 Albany Hwy, St James is a 3 bedroom, 1 bathroom House with 3 parking spaces. The property has a land size of 1012m2. While the property is not currently for sale or for rent, it was last sold in October 2024. There are other 3 bedroom House sold in St James in the last 12 months.
Last Listing description (October 2024)
Exciting Development Opportunity for Developers & Investors!
Here's a fantastic chance to grab an affordable and profitable development project with immediate options:
•Secure land for future or sell for profit.
•Combine both strategies.
The demand for affordable housing near Perth CBD is high and is desperately needing modern designed properties which are close to shopping and transport schools and universities.
The property ticks all the boxes with its following attributes:
• Large 1012sqm land, R80 zoning.
• Near Vic Park Café district.
• Public transport at the doorstep.
• Convenient laneway access.
• Shopping and dining across the road.
• Close to Vic Park Central and Westfield Carousel.
• Currently with 2x1 character style home and periodically tenanted.
Benifiting from upgraded zoning to R80 and within the City of Canning has enabled the construction of townhouses or apartments at an attractive cost. Furthermore, the State Government's forward-thinking planning has paved the way for a swift turnaround.
Selection of comparable sites leading to and through Vic Park Central along the highway is scarce and this property is perfectly aligned with market demand by supplying new lots.
Are you the one to create opportunities for all!
Get on board with your designs and lead the way with this golden opportunity.
Contact us today to secure your opportunity.
Property History for 1111 Albany Hwy, St James, WA 6102
- 23 Oct 2024Sold
- 05 Jul 2024Sold for $1,175,000
- 20 Jun 2024Listed for Sale From $1.3M
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0About St James 6102
The size of St James is approximately 1.7 square kilometres. It has 11 parks covering nearly 2.1% of total area. The population of St James in 2011 was 4,532 people. By 2016 the population was 4,894 showing a population growth of 8.0% in the area during that time. The predominant age group in St James is 20-29 years. Households in St James are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in St James work in a professional occupation. In 2011, 49.4% of the homes in St James were owner-occupied compared with 50.6% in 2016.
St James has 2,527 properties. Over the last 5 years, Houses in St James have seen a 74.83% increase in median value, while Units have seen a 92.76% increase. As at 31 October 2024:
- The median value for Houses in St James is $833,517 while the median value for Units is $588,484.
- Houses have a median rent of $675 while Units have a median rent of $600.
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