SOLD
RECENT ADVICE
Sold on 08 Oct 2024 for $342,000

54/53 Leonard Street
Victoria Park WA 6100

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 40m2
Land area: 40m2
Sold By
Russell White
Park Property Residential Commercial
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Property Details for 54/53 Leonard St, Victoria Park

54/53 Leonard St, Victoria Park is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1969. 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 2024. There are other 1 bedroom Unit sold in Victoria Park in the last 12 months.

Building Type
Unit
Year Built
1969
Floor Size
40m2
Land Size
40m2
Local Government
Victoria Park
Lot/Plan
43/S003205

Last Listing description (November 2024)

Superbly located on the top floor, showcasing stunning panoramic city and river views. With no units above you, this is the pick of the bunch on the market today.Offering a light and bright design, this apartment is ideal for you to add value with some personal touches in the future.Walking distance from your favourite shops, cafes and restaurants on Albany Hwy, plus there is a bus stop only one block away. A well presented secure complex, that's had many upgrades over recent years, including adding solar panels, storage sheds for bikes, plus has an onsite caretaker (very rare to find nowadays).There are some lift works coming up soon, which the seller has already paid for. A bonus for the lucky purchaser here!A very well run strata company, operating a strong balance sheet, with multiple third party income sources; (laundry income, roof rental income, unit rental income, electrical meter income & spare parking bay income, shown in the financial reports); which means lower strata levies for all owners. Yes, the strata company has a rental unit, which generates rental income!This income generated by the strata company for owners, makes for a significant saving in your quarterly strata levies, and shows tremendous foresight from the owner group over many years.* Top floor position, no units above you* Panoramic city and river views* Secure complex* Secure parking* Open plan living with lots of natural light* Split system air conditioner* Private balcony* Bedroom has built in robe* Timber look vinyl flooring* NBN connected* Gas cooking and gas hot water system* Security door* Lift access* Low strata fees, just $415 per qtr!Perfect for a future first home, low maintenance lock and leave city base, or will be an excellent investment property in an easy to lease location. Currently leased, with some furniture included, to a reliable long term tenant paying $450 per week to 8 May 2025, that's an approximate rental return of around 7% - talk about easy money!Positioned in close proximity to everything you'll need. Your within 5 minutes of the City, Curtin Uni, Crown, Optus Stadium, the Airport and so much more. A lifestyle of convenience is waiting for you to enjoy.Russell White 0419 903 598. russell@parkproperty.com.auProperty Code: 1165

Property History for 54/53 Leonard St, Victoria Park, WA 6100

A timeline of how this property has performed in the market
Last Sold
$342,000
08 Oct 2024
Listed for Rent
$325/w
07 May 2022
  • 08 Oct 2024
    Sold for $342,000
  • 02 Oct 2024
    Listed for Sale Offers Over $319,000 ++
  • 22 Apr 2022
    Listed for Rent $325 / 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 5,746 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 22 properties listed for sale, and 11 properties listed for rent in Victoria park on OnTheHouse. According to CoreLogic's data, 302 properties were sold in the past 12 months in Victoria park.

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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.