OFF MARKET

4/875 Wellington Street
West Perth WA 6005

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 46m2
Land area: 49m2
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Property Details for 4/875 Wellington St, West Perth

Building Type
Commercial
Year Built
1985
Floor Size
46m2
Land Size
49m2
Local Government
Perth
Lot/Plan
4/S013599

Last Listing description (November 2017)

Top shelf investment apartment in a quality location! Walking distance to absolutely everything and all the action, will benefit greatly from the sinking of the railway line.
Supreme returns from a rock solid investment in the heart of the action!
Rent returns 52 weeks a year, no vacancies, no management fees, great returns of $248 per week and a sensational location being so close to Harbour Town, Perth Arena, trains, buses, city centre and freeway entries.

Has been leased to the same tenant for over 18 years with solid returns and some enormous blue sky potential.
This complex features security, car parking, pool, spa, in-house restaurant and much more. See why so many investors are attracted to this blue chip property!
Water rates: $1,127 p/a Shire rates: $898 p/a Strata levy: $273 p/qtr Reserve levy: $59 p/qtr

Property History for 4/875 Wellington St, West Perth, WA 6005

A timeline of how this property has performed in the market
Last Sold
$190,000
25 Jul 2018
  • 25 Jul 2018
    Sold for $190,000
  • 25 May 2016
    Listed for Sale $235,000
  • 13 Oct 2010
    Sold for $179,000
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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.