SOLD
RECENT ADVICE
Sold on 13 Sep 2024 for $950,000

148 Hale Road
Wembley Downs WA 6019

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 140m2
Land area: 1012m2
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Excellence Property Specialists
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Property Details for 148 Hale Rd, Wembley Downs

Building Type
Land
Year Built
1965
Floor Size
140m2
Land Size
1012m2
Local Government
Stirling
Lot/Plan
1395/P006028

Last Listing description (November 2024)

NO DUE DATE IS SET FOR THIS PROPERTY'S SALE.
IT MAY BE SOLD ANYTIME WITHOUT PRIOR NOTICE BY THE AGENT OR THE SELLER!

A RARE WEMBLEY DOWNS LOCATION THAT NO OTHER DEVELOPMENT OPPORTUNITY HAS EVER HAD BEFORE!

- AT THE HIGHEST ELEVATION POINT OF HALE ROAD (60m above the ocean)!
- 2 DOORS AWAY FROM HALE SCHOOL
- METRES AWAY FROM THE DOWNS SHOP. CENTRE
- AN "EASY CARE" 506 M GREEN TITLE BLOCK (proposed lot 41), WAITING TO BE BUILT SUBJECT TO WAPC !

Introducing an extraordinary opportunity on Hale Road, where elevated living meets convenience. Just footsteps away from Hale School and boasting breathtaking views, this remarkable property invites you to build your dream home or the ultimate investment property, which due to its unique location, will be your forever rental income "cash cow"!

The Location:
The strategic positioning of this property ensures unparalleled convenience, with key amenities within easy reach. Seamless transportation routes, renowned schools, vibrant shopping centers, and recreational facilities are just moments away, making this an irresistible prospect for families and individuals seeking a well-rounded lifestyle.

The Property:
Nestled in a highly sought-after locale, this perfectly symmetrical landholding of 506 sqm. can accommodate the construction of an entry-level home or a high-end modern abode. Visionary developers, savvy investors, and discerning homeowners will find the perfect combination of the ultimate location for the good schools, shopping, and the beach in an area known for the natural green beauty of its numerous parks and reserves, while the beach is only 4 minutes away !

Key Features:
- A 506sqm Green Title Block
- 10m Frontage
- Flat and perfectly symmetrical landholding at the highest elevation point of Hale Rd.
- Next to Hale School, WA's top private boys' school, minutes away from Churchlands High School, Wembley Downs Primary, and precisely opposite Nido Early School Centre!
- Two streets from The Downs shopping centre and the Crestwood complex at Bournemouth Cr. including a dental clinic, audiology clinic, clinical labs, doctors' and lawyers' offices, and more professional services !
- Only minutes away from Wembley Golf course, Floreat beach and the City Beach restaurant precinct on the beach!
- A short drive to the shopping heaven, the cinemas, and the restaurants of Karrinyup shop. centre

The Opportunity:
Spanning a generous 506 sqm of land, this block-value property offers endless possibilities for those with a vision. Unlock its full potential by building the ultimate family home in the rarest location.

(Every precaution has been taken to establish the accuracy of the above information but does not constitute any representation by the vendor or agent)

Property History for 148 Hale Rd, Wembley Downs, WA 6019

A timeline of how this property has performed in the market
Last Sold
$950,000
13 Sep 2024
  • 13 Sep 2024
    Sold for $950,000
  • 06 Sep 2024
    Listed for Sale OFFERS FROM $888,000
  • 17 Aug 2023
    Sold for $1,300,000
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About Wembley Downs 6019

The size of Wembley Downs is approximately 4.3 square kilometres. It has 17 parks covering nearly 43.3% of total area. The population of Wembley Downs in 2011 was 5,881 people. By 2016 the population was 6,323 showing a population growth of 7.5% in the area during that time. The predominant age group in Wembley Downs is 10-19 years. Households in Wembley Downs are primarily couples with children and are likely to be repaying $3000 - $3999 per month on mortgage repayments. In general, people in Wembley Downs work in a professional occupation. In 2011, 77.7% of the homes in Wembley Downs were owner-occupied compared with 79.6% in 2016.

Wembley Downs has 2,957 properties. Over the last 5 years, Houses in Wembley Downs have seen a 71.94% increase in median value, while Units have seen a 56.01% increase. As at 31 October 2024:

  • The median value for Houses in Wembley Downs is $1,742,637 while the median value for Units is $633,780.
  • Houses have a median rent of $1,100 while Units have a median rent of $650.
There are currently 31 properties listed for sale, and 4 properties listed for rent in Wembley downs on OnTheHouse. According to CoreLogic's data, 102 properties were sold in the past 12 months in Wembley downs.

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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.