SOLD
Sold on 31 Oct 2023 for $435,000

1/642 Albany Highway
Victoria Park WA 6100

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 69m2
Land area: 101m2
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Property Details for 1/642 Albany Hwy, Victoria Park

1/642 Albany Hwy, Victoria Park is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2008. The property has a land size of 101m2 and floor size of 69m2. While the property is not currently for sale or for rent, it was last sold in October 2023. There are other 2 bedroom Unit sold in Victoria Park in the last 12 months.

Building Type
Unit
Year Built
2008
Floor Size
69m2
Land Size
101m2
Local Government
Victoria Park
Lot/Plan
1/S048828

Last Listing description (February 2024)

Proudly Presented by Fulton Borthwick

Welcome to 1/642 Albany Highway - an exceptional mezzanine 2-bedroom apartment offering New York Loft-style living right in the heart of Vic Park.

Prepare to be captivated by this superb CORNER unit. As you step inside, you'll be greeted by a modern open plan living area that seamlessly connects to a spacious balcony through floor-to-ceiling glass sliders. Whether you seek relaxation or want to entertain family and friends, this balcony is the perfect spot to chill out.

The open plan kitchen, serving as the centrepiece of the home, boasts ample storage and provides a primary focal point for entertaining. Adjacent to the kitchen, you'll find a practical laundry area, adding convenience to your daily routines.

Ascending to the upper level, you'll discover well-sized master and second bedrooms, accompanied by a common bathroom and a separate toilet.

The location of this apartment is simply outstanding. Everything you need is within walking distance, making car-free living a breeze. Grab your groceries from the nearby Woolworths, meet up with family for a coffee, or indulge in celebratory meals at the plethora of restaurants and small bars conveniently located across the road.

Let's explore the property and highlight its outstanding features:

* Built Year: 2008
* Total Strata Area: 101m2 (Living Space: 69m2, Balcony: 13m2, Car Bay: 15m2, Storage: 4m2)
* Spacious and well-proportioned open plan living area
* Easy access to nearby public transport and every amenity one could wish for!
* Perfect lock-and-leave property
* Security parking plus secure lockable store area
* Both store and car bay are in close proximity to the unit. How handy!
* Offers a private, low-maintenance, and secure lifestyle.
* Currently leased on a fixed term lease @ $460pw until 02 May 2024
* Estimated rental income of $460 - $480 pw

Additional details include the following outgoings:

* Council Rate: Approximately $TBA (FY 2022/2023)
* Water Rate: Approximately $984.18 (FY 2022/2023)
* Strata Levies: Approximately $459 per quarter (including Admin: $391.50/q and Reserve: $67.50/q)

Whether you're searching for an investment opportunity, your first home, or a downsizing option, this property is must-see. For more information or to arrange a viewing, please contact Fulton Borthwick on 0481 19 44 39

Please note that while we have obtained all information in this document from sources we believe to be reliable, we cannot guarantee its accuracy. We encourage prospective purchasers to conduct their own investigations.

Property History for 1/642 Albany Hwy, Victoria Park, WA 6100

A timeline of how this property has performed in the market
Last Sold
$435,000
31 Oct 2023
Listed for Rent
$440/w
02 Dec 2021
  • 31 Oct 2023
    Sold for $435,000
  • 19 Jul 2023
    Listed for Sale Not Disclosed
  • 02 Dec 2021
    Listed for Rent $440 / week
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About Victoria Park 6100

The size of Victoria Park is approximately 2.6 square kilometres. It has 16 parks covering nearly 12.7% of total area. The population of Victoria Park in 2011 was 8,539 people. By 2016 the population was 8,779 showing a population growth of 2.8% in the area during that time. The predominant age group in Victoria Park is 20-29 years. Households in Victoria Park are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Victoria Park work in a professional occupation. In 2011, 44% of the homes in Victoria Park were owner-occupied compared with 43.8% in 2016.

Victoria Park has 5,772 properties. Over the last 5 years, Houses in Victoria Park have seen a 67.56% increase in median value, while Units have seen a 44.21% increase. As at 31 August 2024:

  • The median value for Houses in Victoria Park is $1,004,625 while the median value for Units is $508,366.
  • Houses have a median rent of $750 while Units have a median rent of $590.
There are currently 26 properties listed for sale, and 9 properties listed for rent in Victoria park on OnTheHouse. According to CoreLogic's data, 300 properties were sold in the past 12 months in Victoria park.

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LJ Hooker Victoria Park | Belmont (WA)
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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.