114 Moran StreetVictory Heights WA 6432
Property Details for 114 Moran St, Victory Heights
114 Moran St, Victory Heights is a 8 bedroom, 4 bathroom Unit with 4 parking spaces and was built in 1985. The property has a land size of 1012m2 and floor size of 72m2. While the property is not currently for sale or for rent, it was last sold in April 2023.
Last Listing description (November 2023)
A scarce opportunity has presented itself in the Kalgoorlie-Boulder market.
Brick quadraplex on a 1012sqm block, close to Boulder CBD, St Joseph Catholic Primary School & Boulder Rotary Park. These four units have a strong rental history.
Each unit features:
2 Bedrooms with built-in robes
1 Bathroom
Open plan kitchen/dining/living
Laundry
Electric stove/hot water system
Split system air-conditioning
Private courtyard
Single carport
Currently units 1, 2 & 4 are leased and provide a 6.8% (approx) return. Unit 3 is an Airbnb at $1,400.00 per week, and although occupied most of the year, it could be leased for up to $350 per week which would increase your return to 9.4% (approx).
Information provided by the Seller:
Unit 1, leased at $280.00 per week until 10/12/2023
Unit 2, leased at $340.00 per week until 13/09/2023
Unit 3, leased at $1,400.00 per week - Airbnb
Unit 4, leased at $300.00 per week until 15/06/2023
No Strata fees.
Contact Lorna Flanagan on 0406 567 148 for more information on this unique opportunity.
Council rates $6,021.21pa
Water rates $1,040pa (approx)
Property History for 114 Moran St, Victory Heights, WA 6432
- 13 Apr 2023Sold for $665,000
- 12 Dec 2022Listed for Sale $680,000
- 08 Aug 1991Sold for $158,000
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About Victory Heights 6432
The size of Victory Heights is approximately 0.9 square kilometres. It has 1 park covering nearly 35.2% of total area. The population of Victory Heights in 2011 was 909 people. By 2016 the population was 903 showing a population decline of 0.7% in the area during that time. The predominant age group in Victory Heights is 0-9 years. Households in Victory Heights are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Victory Heights work in a machinery operators and drivers occupation. In 2011, 64% of the homes in Victory Heights were owner-occupied compared with 65.8% in 2016.
Victory Heights has 414 properties. Over the last 5 years, Houses in Victory Heights have seen a 73.10% increase in median value, while Units have seen a 127.71% increase. As at 31 October 2024:
- The median value for Houses in Victory Heights is $347,328 while the median value for Units is $307,082.
- Houses have a median rent of $570 while Units have a median rent of $455.
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