SOLD
Sold on 26 Mar 2024 for $1,050,000

1 Lichfield Street
Victoria Park WA 6100

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 594m2
Land area: 486m2
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Property Details for 1 Lichfield St, Victoria Park

Building Type
Commercial
Year Built
1987
Floor Size
594m2
Land Size
486m2
Local Government
Victoria Park
Lot/Plan
7/D005816

Last Listing description (August 2024)

LJ Hooker is pleased to present this property in Victoria Park with good income and future development potential.

Property Attributes:

* Near CBD Location
* Zoned ‘District Centre’ with Development Potential
* Building of 270 sqm
* 6 open car bays
* Land Area 486 sqm
* Net passing income of $51,000.00 p.a.

The property is being offered for sale via Offers to Purchase.

Contact Jason Hughston on 0408 902 907 for further details.

Property History for 1 Lichfield St, Victoria Park, WA 6100

A timeline of how this property has performed in the market
Last Sold
$1,050,000
26 Mar 2024
Listed for Rent
$230/w
17 Apr 2019
  • 26 Mar 2024
    Sold for $1,050,000
  • 30 Mar 2023
    Listed for Sale Under Contract
  • 11 Apr 2019
    Listed for Rent $12,000 / year
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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 5,744 properties. Over the last 5 years, Houses in Victoria Park have seen a 65.75% increase in median value, while Units have seen a 66.91% increase. As at 31 October 2024:

  • The median value for Houses in Victoria Park is $1,004,008 while the median value for Units is $531,727.
  • Houses have a median rent of $750 while Units have a median rent of $580.
There are currently 30 properties listed for sale, and 11 properties listed for rent in Victoria park on OnTheHouse. According to CoreLogic's data, 296 properties were sold in the past 12 months in Victoria park.

Suburb Insights for Victoria Park 6100

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Contact agency
Show contact details
LJ Hooker Victoria Park | Belmont (WA)
Preferred contact:
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.