OFF MARKET

11 Hope Street
Watermans Bay WA 6020

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 159m2
Land area: 951m2
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Property Details for 11 Hope St, Watermans Bay

11 Hope St, Watermans Bay is a 2 bedroom, 1 bathroom House with 1 parking spaces and was built in 1979. The property has a land size of 951m2 and floor size of 159m2.

Building Type
House
Year Built
1979
Floor Size
159m2
Land Size
951m2
Local Government
Stirling
Lot/Plan
315/P005740

Last Listing description (June 2020)

HOME on a SURVEY STRATA LOT

This sturdy two bedroom (plus a study), two storey home is nestled next to the tranquil settling of the Star Swamp Bushland Reserve, ensuring you will never have neighbours build next to you. The kitchen is relatively new as is the bathroom. Upstairs, there is a huge family or games room with the inclusion of a pool table as well. Your view of the lush bushland is well protected and if you have a dog, it is one of the best walks you will ever give your furry friend. Solid compressed trails ensure you are not trudging through sand tracks like in the old days. Another positive aspect is that the City of Stirling is responsible for the maintenance of the land next door, so it doesnt cost you a cent to enjoy the bushland view.
By literally walking to the end of the street opposite the home, you come to the Watermans Bay Marine Park, plus the beach and a lovely hidden park with reticulated lawns, swings, slides and free bbqs. Many families regularly spread a blanket on the lawn, and pleasure in observing their children (or grandchildren) playing and watch the many changing faces of the picturesque sunsets the Indian Ocean and its skyline can provide.

The gardens are reticulated and the outdoor patio area is well sheltered from the buffeting of any strong sea breezes. The workshop area and the double garage are a huge bonus as well.
By the time settlement takes place, this home will have changed from a strata lot to a survey strata lot. The benefit of this, is that you can do whatever you like with the home and land, without having to seek permission from your neighbours. That is of course, so long as it meets the building guidelines of the City of Stirling.
Move in and have your own home until you may wish to develop the home or site further. Conversely, you may wish to rent it out, negatively gear and pull it down at a later date and build your dream home. Living close to the beach and also bushland is a very unique thing in Perth suburban real estate. This is one of the aspects that make Watermans Bay, traditionally, an extremely good investment for the capital appreciation of your investment dollar.

Disclaimer:
This information is provided for general information purposes only and is based on information provided by the Seller and may be subject to change. No warranty or representation is made as to its accuracy and interested parties should place no reliance on it and should make their own independent enquiries.

Property History for 11 Hope St, Watermans Bay, WA 6020

A timeline of how this property has performed in the market
Listed for Rent
$400/w
18 Jun 2020
  • 27 May 2020
    Listed for Rent $400 / week
  • 13 Dec 2019
    Listed for Sale End Date Sale

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About Watermans Bay 6020

The size of Watermans Bay is approximately 1.2 square kilometres. It has 5 parks covering nearly 55.6% of total area. The population of Watermans Bay in 2011 was 1,170 people. By 2016 the population was 1,286 showing a population growth of 9.9% in the area during that time. The predominant age group in Watermans Bay is 60-69 years. Households in Watermans Bay are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Watermans Bay work in a professional occupation. In 2011, 66.2% of the homes in Watermans Bay were owner-occupied compared with 68.1% in 2016.

Watermans Bay has 737 properties. Over the last 5 years, Houses in Watermans Bay have seen a 77.18% increase in median value, while Units have seen a 47.08% increase. As at 31 October 2024:

  • The median value for Houses in Watermans Bay is $1,778,651 while the median value for Units is $704,373.
  • Houses have a median rent of $850 while Units have a median rent of $535.
There are currently 4 properties listed for sale, and 1 property listed for rent in Watermans bay on OnTheHouse. According to CoreLogic's data, 30 properties were sold in the past 12 months in Watermans bay.

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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.