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Sold on 15 Oct 2024 for $500,000

I14/125 Herdsman Parade
Wembley WA 6014

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
Floor area: 59m2
Land area: 67m2
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Property Details for I14/125 Herdsman Pde, Wembley

I14/125 Herdsman Pde, Wembley is a 2 bedroom, 1 bathroom Unit with 2 parking spaces and was built in 1977. The property has a land size of 67m2 and floor size of 59m2. While the property is not currently for sale or for rent, it was last sold in October 2024. There are other 2 bedroom Unit sold in Wembley in the last 12 months.

Building Type
Unit
Year Built
1977
Floor Size
59m2
Land Size
67m2
Local Government
Stirling
Lot/Plan
14/S038066

Last Listing description (October 2024)

Leased (furnished) until April 2025 at $550 per week it makes for the perfect low maintenance property to add to your portfolio.The complex is resort-style living with its own pool, gym, BBQ area and tennis court set amongst beautifully maintained gardens. Located close to shops, on the public transport route and direct access to the popular Herdsman Lake environmental area.Wembley has had 11.8% Rental Growth with the Median Rental of $950 per week.This spacious 2 bedroom, 1 bathroom apartment is located on the ground floor and features a large courtyard, the home boasts a generous modern kitchen with ample storage and stainless-steel appliances. A combined bathroom & laundry complete with appliances. A neat lounge and dining area that leads to a private courtyard.The apartment includes 2 secure car bays, security screens/doors throughout, timber-look flooring, shed in the courtyard plus ceiling fans.The complex is managed by a professional strata firm, the levies cover adequate building insurance, gardening, annual gutter cleaning and pest control plus there is a reserve fund for planned maintenance and a 10 year maintenance plan already in place.- RCD and smoke alarms are compliantCouncil Rates: $1,586.00 PA Water Rates: $991.91 Strata Levy: $ 816.25 PQ

Property History for I14/125 Herdsman Pde, Wembley, WA 6014

A timeline of how this property has performed in the market
Last Sold
$500,000
15 Oct 2024
Listed for Rent
$235/w
24 Aug 2017
  • 15 Oct 2024
    Sold for $500,000
  • 11 Sep 2024
    Listed for Sale $500,000
  • 02 Apr 2024
    Listed for Rent $550 / 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 5,941 properties. Over the last 5 years, Houses in Wembley have seen a 76.11% increase in median value, while Units have seen a 66.95% increase. As at 30 September 2024:

  • The median value for Houses in Wembley is $1,783,107 while the median value for Units is $416,305.
  • Houses have a median rent of $900 while Units have a median rent of $520.
There are currently 39 properties listed for sale, and 12 properties listed for rent in Wembley on OnTheHouse. According to CoreLogic's data, 327 properties were sold in the past 12 months in Wembley.

Suburb Insights for Wembley 6014

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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.