SOLD
Sold on 12 Feb 2024 for $345,000

4/18 Nicholson Road
Subiaco WA 6008

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 74m2
Land area: 119m2
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Property Details for 4/18 Nicholson Rd, Subiaco

Building Type
Commercial
Floor Size
74m2
Land Size
119m2
Local Government
Subiaco
Lot/Plan
4/S018202

Last Listing description (July 2021)

OFFICE 4, 16-18 NICHOLSON ROAD, SUBIACO WA

A *Attractive building with appealing parkland aspects

A *74m2 ground floor front partitioned strata offices
A *3 individual basement car parking bays included
A *Current net income $27,260pa plus outgoings
A *Long standing tenant would like to remain
A *Asking $575,000 (net of GST)

Property History for 4/18 Nicholson Rd, Subiaco, WA 6008

A timeline of how this property has performed in the market
Last Sold
$345,000
12 Feb 2024
  • 12 Feb 2024
    Sold for $345,000
  • 12 Nov 2020
    Listed for Sale SOLD - Price Withheld
  • 10 Nov 2013
    Sold for $540,000
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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 7,093 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.
There are currently 51 properties listed for sale, and 27 properties listed for rent in Subiaco on OnTheHouse. According to CoreLogic's data, 421 properties were sold in the past 12 months in Subiaco.

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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.