SOLD
RECENT ADVICE
Sold on 25 Sep 2024 for $332,500

11/34 Malata Crescent
Success WA 6164

Bedrooms: 2
Bathrooms: 2
Car spaces: 2
Floor area: 76m2
Land area: 130m2
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Property Details for 11/34 Malata Cres, Success

11/34 Malata Cres, Success is a 2 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2011. The property has a land size of 130m2 and floor size of 76m2. While the property is not currently for sale or for rent, it was last sold in September 2024. There are other 2 bedroom Unit sold in Success in the last 12 months.

Building Type
Unit
Year Built
2011
Floor Size
76m2
Land Size
130m2
Local Government
Cockburn
Lot/Plan
11/S055777

Last Listing description (August 2015)

If you are single and are making less than $70,000 per annum or are a couple and are making less than $90,000 then you may be eligible, and could qualify to purchase this Apartment through the SharedStart Scheme (terms and conditions do apply, please read on).
The SharedStart Scheme is a West Australian State Government initiative to assist you achieve your dream of home ownership.
Properties available under this scheme are offered for sale under co-ownership arrangements with the Department of Housing.

An eligible Buyer can purchase 70% of a property, with the Department of Housing retaining the matching 30% share in perpetuity, the finance for the apartment will be sort through KeyStart, if you feel that you may qualify and would like to jump the queue feel free to contact KeyStart direct to get yourself qualified.
Note - You pay no rent or interest to the Department of Housing for their 30% share of the property. The price quoted is 70% of the value of the apartment.
Properties cannot be sublet or leased to other parties and the private co-owner can never acquire the Department of Housings share.
Properties may be sold at any time, but only to the Department of Housing using a Market Valuation process to determine the current value of a co-owners share.

Property History for 11/34 Malata Cres, Success, WA 6164

A timeline of how this property has performed in the market
Last Sold
$332,500
25 Sep 2024
  • 25 Sep 2024
    Sold for $332,500
  • 15 Apr 2015
    Sold for $290,500
  • 09 Dec 2014
    Listed for Sale Not Disclosed
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About Success 6164

The size of Success is approximately 6 square kilometres. It has 23 parks covering nearly 15.1% of total area. The population of Success in 2011 was 8,509 people. By 2016 the population was 10,176 showing a population growth of 19.6% in the area during that time. The predominant age group in Success is 30-39 years. Households in Success are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Success work in a professional occupation. In 2011, 73.7% of the homes in Success were owner-occupied compared with 69.1% in 2016.

Success has 5,358 properties. Over the last 5 years, Houses in Success have seen a 81.00% increase in median value, while Units have seen a 105.30% increase. As at 31 October 2024:

  • The median value for Houses in Success is $842,764 while the median value for Units is $487,385.
  • Houses have a median rent of $700 while Units have a median rent of $500.
There are currently 49 properties listed for sale, and 3 properties listed for rent in Success on OnTheHouse. According to CoreLogic's data, 268 properties were sold in the past 12 months in Success.

Suburb Insights for Success 6164

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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.