SOLD
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Sold on 21 Apr 2024 for $485,000

18/237 Cambridge Street
Wembley WA 6014

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
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Property Details for 18/237 Cambridge St, Wembley

18/237 Cambridge St, Wembley is a 2 bedroom, 1 bathroom Apartment with 1 parking spaces. While the property is not currently for sale or for rent, it was last sold in April 2024. There are other 2 bedroom Apartment sold in Wembley in the last 12 months.

Building Type
Apartment
Local Government
Cambridge
Lot/Plan
18/S012888

Last Listing description (April 2024)

Welcome to the Willows!

This lovely apartment is located on the first floor of a friendly, convenient apartment complex right on the fringe of Wembley and Subiaco.

Don't let the address fool you, this apartment is positioned on the South East corner of the complex, meaning no road noise and direct access in / out from Houlahan Lane.

With the same location benefits of multi million dollar homes at just a fraction of the cost, this apartment is perfect for all types of buyers and really ticks the boxes when it comes to lifestyle and investment.

APARTMENT FEATURES*
- Renovated kitchen & bathroom
- Reverse cycle air-conditioning
- Built in wardrobes
- Peaceful outlook over internal courtyard
- Secure, gated parking area

LOCATION BENEFITS*
Closest bus stop (50m)
Variety of cafes, food & beauty businesses (50 - 100m)
Subiaco Square Train Station (800m)
Lake Monger Reserve (800m)
Bob Hawke College (1.5km)

INVESTMENT HIGHLIGHTS*
- $500 > $550 pw estimated rental income
- 6.67% pa estimated gross yield

ASSOCIATED COSTS*
Water Rates: $1,018 pa
Council Rates: $1,318.27 pa
Strata Admin: $530 pq
Strata Reserve: $150 pq

We have extremely low stock levels across Perth so a move-in-ready opportunity like this one will not last long!

Contact Jay Harrison on 0420 512 987

*Disclaimer: The information in this advertisement has been provided by sources we deem to be reliable. We do not accept any responsibility to any person/s for its accuracy. All interested parties should rely on their own due diligence enquiries.

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Property History for 18/237 Cambridge St, Wembley, WA 6014

A timeline of how this property has performed in the market
Last Sold
$485,000
21 Apr 2024
Listed for Rent
$295/w
11 Dec 2018
  • 21 Apr 2024
    Sold for $485,000
  • 17 Apr 2024
    Listed for Sale UNDER OFFER!
  • 09 Oct 2018
    Listed for Rent $295 / week
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About Wembley 6014

The size of Wembley is approximately 4.2 square kilometres. It has 13 parks covering nearly 25% of total area. The population of Wembley in 2011 was 10,553 people. By 2016 the population was 11,326 showing a population growth of 7.3% in the area during that time. The predominant age group in Wembley is 30-39 years. Households in Wembley are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Wembley work in a professional occupation. In 2011, 59.1% of the homes in Wembley were owner-occupied compared with 58.6% in 2016.

Wembley has 5,944 properties. Over the last 5 years, Houses in Wembley have seen a 78.74% increase in median value, while Units have seen a 67.40% increase. As at 31 October 2024:

  • The median value for Houses in Wembley is $1,825,237 while the median value for Units is $417,207.
  • Houses have a median rent of $900 while Units have a median rent of $525.
There are currently 53 properties listed for sale, and 15 properties listed for rent in Wembley on OnTheHouse. According to CoreLogic's data, 318 properties were sold in the past 12 months in Wembley.

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Contact agent
Jay Harrison
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Edison McGrath
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