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Sold on 07 Apr 2024 for $450,000

601/334 Cambridge Street
Wembley WA 6014

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 76m2
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Property Details for 601/334 Cambridge St, Wembley

601/334 Cambridge St, Wembley is a 1 bedroom, 1 bathroom Apartment with 1 parking spaces. The property has a floor size of 76m2. While the property is not currently for sale or for rent, it was last sold in April 2024. There are other 1 bedroom Apartment sold in Wembley in the last 12 months.

Building Type
Apartment
Floor Size
76m2
Local Government
Cambridge
Lot/Plan
61/S068622

Last Listing description (April 2024)

New to market is this contemporary and roomy apartment in the sought-after 'Urban on Cambridge' complex, positioned ideally between the city and sea.

Experience the best of both worlds as you enjoy the convenience of residing in Wembley's bustling cafe hub while still savoring tranquility. Positioned on the top floor, this apartment offers the added luxury of no upstairs neighbors and just one shared wall, ensuring utmost privacy.

Cared for by its sole owner since being constructed in 2017, this residence is ready to move in to straight away and make your own.

APARTMENT FEATURES
- Modern & spacious
- Plenty of storage
- Airconditioning
- Nobody living above you
- Only one shared wall
- Secure car bay & store room
- Pet friendly complex

LOCATION BENEFITS
City & Park views
Cafe Precinct at your doorstep!
Closest Bus Stop (150m)
Wembley Hotel / Foodcourt (100m)
Wembley IGA (150m)

INVESTMENT HIGHLIGHTS
- $500 > $550 per week rental estimate
- 5.32% Estimated Gross Yield

ASSOCIATED COSTS*
Strata Admin: $693.05 pq
Strata Reserve: $181.50 pq
Council Rates: $1,461.80 pa
Water Rates: $1,303.65 pa

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 including figures stated as Associated Costs. All interested parties should rely on their own due diligence enquiries to verify any information provided in this advertisement.

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Property History for 601/334 Cambridge St, Wembley, WA 6014

A timeline of how this property has performed in the market
Last Sold
$450,000
07 Apr 2024
Listed for Rent
$550/w
15 Jul 2024
  • 01 May 2024
    Listed for Rent $600 / week
  • 07 Apr 2024
    Sold for $450,000
  • 05 Apr 2024
    Listed for Sale UNDER OFFER!
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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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Jay Harrison
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