22/237 Cambridge StreetWembley WA 6014
Property Details for 22/237 Cambridge St, Wembley
22/237 Cambridge St, Wembley is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1985. The property has a land size of 64m2 and floor size of 64m2.
Last Listing description (November 2024)
Waiting for the right opportunity to escape the rental treadmill or invest? This unit is not only in an outstanding location, but it's being sold in original condition making it a lucrative choice for astute homebuyers & investors who know a golden opportunity when they see one. Other owners in the complex have reaped the benefits & now you can too.The apartment is located in 'The Willows', a 3-storey complex of 33 that's been recently repainted & is beautifully maintained with brick paved pathways meandering through established tropical gardens & a sparkling pool for use by residents & guests. The gated complex is also private from the street & offers remote control entry to a secure undercover parking space for peace of mind. And what a location!- 5-minute walk to bustling Subiaco; bus on doorstep; 800m to train station - Minutes to a variety of eateries, shopping precincts & local hotspots- Close to St John of God Hospital, Bob Hawke College, Perth Modern School- 800m to Lake Monger Reserve; minutes to the CBD- Original mid-80s condition & decor - a perfect candidate for a total refurb- Be inspired by what other owners have done to their apartments to see the potential - Spacious interior, built-in robes to both bedrooms, bathroom/laundry combo- Private balcony accessible through glass & screened sliding doors- Fantastic ROI for investors + an instant rental market with the hospital so close- Estimated rental return in existing condition of $400 pwCouncil Rates: $1,550.00paWater Rates: $1,050.00paStrata Fees: $680pqtr
Property History for 22/237 Cambridge St, Wembley, WA 6014
- 09 Nov 2024Listed for Sale From $395,000
- 05 Dec 2023Listed for Rent $395 / week
- 06 May 2022Listed for Rent $280 / week
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0About 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 5,942 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.
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