OFF MARKET

305/18 Rheola Street
West Perth WA 6005

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 57m2
Land area: 76m2
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Last updated 28 Oct 2024
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Property Details for 305/18 Rheola St, West Perth

Building Type
Commercial
Year Built
2005
Floor Size
57m2
Land Size
76m2
Local Government
Perth
Lot/Plan
16/S047953

Last Listing description (August 2021)

To enquire, please email or call 1300 815 051 and enter code 2459

Built in 2005, 18 Rheola Street has stood the test of time with the provision of high quality, well located, short stay accommodation.

Managed by Quest, this property offers the Owner a regular income and a strong "Gross Return".

Located on the 3rd Level this 1 bedroom apartment has a comfortably sized, open plan living area, with a balcony that faces West.

The 76 sqm is comprised of;
- Apartment 52 sqm
- Balcony 7 sqm
- Car bay 15 sqm
- Basement Storage 2 sqm

Inspections are by "appointment only".

Please call or email for further information (including a detailed financial pack).

Note: The property is sold as 'unfurnished'.

To enquire, please email or call 1300 815 051 and enter code 2459

Property History for 305/18 Rheola St, West Perth, WA 6005

A timeline of how this property has performed in the market
Last Sold
$291,000
06 Aug 2021
  • 06 Aug 2021
    Sold for $291,000
  • 10 Oct 2019
    Listed for Sale $295,000 (New Price)

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About West Perth 6005

The size of West Perth is approximately 2.3 square kilometres. It has 11 parks covering nearly 10.3% of total area. The population of West Perth in 2011 was 5,167 people. By 2016 the population was 5,618 showing a population growth of 8.7% in the area during that time. The predominant age group in West Perth is 20-29 years. Households in West Perth are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in West Perth work in a professional occupation. In 2011, 34.7% of the homes in West Perth were owner-occupied compared with 33% in 2016.

West Perth has 5,785 properties. Over the last 5 years, Houses in West Perth have seen a 32.34% increase in median value, while Units have seen a 37.59% increase. As at 30 September 2024:

  • The median value for Houses in West Perth is $1,019,486 while the median value for Units is $567,211.
  • Houses have a median rent of $625 while Units have a median rent of $650.
There are currently 69 properties listed for sale, and 36 properties listed for rent in West perth on OnTheHouse. According to CoreLogic's data, 359 properties were sold in the past 12 months in West perth.

Suburb Insights for West Perth 6005

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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.