106/124 Subiaco RoadSubiaco WA 6008
Property Details for 106/124 Subiaco Rd, Subiaco
106/124 Subiaco Rd, Subiaco is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1967. The property has a land size of 40m2 and floor size of 40m2. While the property is not currently for sale or for rent, it was last sold in October 2023.
Last Listing description (July 2024)
Location, Location, Location!
Where else can you find beautiful views over lush green treetops and fabulously close to transport, boutiques, eateries, bars and entertainment? The perfect first home, investment property or weekender so what are you waiting for?
Second (middle) Floor, fully-furnished apartment located within an established Subiaco complex of 38 units, overlooking the beautiful tree-lined Mueller Park!
This recently improved one-bedroom, one-bathroom unit is the ideal home for anyone wishing to live centrally & conveniently, right in the centre of Subi and close to the train station, shopping, schools, bars and eateries. The newly completed Bob Hawke Senior High School is literally across the road with Subiaco Primary School just a stone's throw away. Alternatively, this is a fabulous investment property for the savvy investor looking for great ROI's and potential upside in value for the future as Subi's re-generation has commenced. Current potential rent $450 per week = 8.5% Gross ROI.
Welcoming you inside, you will enter the stylish open-plan kitchen, dining and living area, complete with ample storage, tiled splashbacks and gas-upright cooker. The exclusive-use balcony is the perfect place to enjoy breakfast in the morning or a wine in the evening, with a pleasant leafy aspect as your backdrop.
The bedroom is separate and spacious, with a built-in wardrobe preceding an intimate ensuite bathroom with shower, vanity and toilet. There is an integrated washer/dryer within the apartment as well as a shared common area laundry on the ground floor, along with plenty of parking bays in the securely-gated carpark area.
With both Subiaco and West Leederville Train Stations close by, top ranking educational facilities for Primary and Secondary students, medical amenities, wine bars, restaurants, cafes, shopping within easy access, where else can you purchase a fantastic property at this price in the heart of Subi?!
If you enjoy walking, the picturesque Lake Monger, the expansive Kings Park and the vibrant Perth CBD are all easy walking distance from your front doorstep.
The Strata has completed a large amount of improvement works to the complex over the past two years which is great news for any buyer.
Low-maintenance timber-look flooring throughout
Secure communal bike storage facility
No pets allowed
Built: 1977
Water Rates: $920 pa
Council Rates: $1,722.44 pa
Strata Levies: $583 per quarter
Unit Size: 40sqm plus exclusive use balcony
Property History for 106/124 Subiaco Rd, Subiaco, WA 6008
- 27 Oct 2023Sold for $290,000
- 03 Oct 2023Listed for Sale Offers from $299,000
- 15 Feb 2004Sold for $155,000
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About Subiaco 6008
The size of Subiaco is approximately 3.1 square kilometres. It has 12 parks covering nearly 5% of total area. The population of Subiaco in 2011 was 8,015 people. By 2016 the population was 9,188 showing a population growth of 14.6% in the area during that time. The predominant age group in Subiaco is 30-39 years. Households in Subiaco are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Subiaco work in a professional occupation. In 2011, 50.9% of the homes in Subiaco were owner-occupied compared with 52.4% in 2016.
Subiaco has 7,094 properties. Over the last 5 years, Houses in Subiaco have seen a 61.02% increase in median value, while Units have seen a 57.22% increase. As at 31 October 2024:
- The median value for Houses in Subiaco is $1,850,686 while the median value for Units is $682,891.
- Houses have a median rent of $1,000 while Units have a median rent of $650.
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