404/18 Rheola StreetWest Perth WA 6005
Property Details for 404/18 Rheola St, West Perth
404/18 Rheola St, West Perth is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2005. The property has a land size of 96m2 and floor size of 66m2. While the property is not currently for sale or for rent, it was last sold in October 2005.
Last Listing description (October 2015)
Guaranteed Rental Income till 2025
Hassle and Care Free Investment Finished to high standards, well laid out and modern kitchen offering two bedrooms. two bathrooms with a large balcony overlooking the Patterson (Subiaco) Oval is this high security apartment located on the 4th Floor right in the heart of West perth.
This building is on one of the quietest and beautifully tree-lined street in the inner city. minutes to the vibrant CBD and Subiaco, yet waking up to the sound of birds singing and a short stroll to the end of the street is the iconic King's Park. It is also relatively close to shops, Free Transit Zone CAT (Red or Green) Bus route. This property offers guaranteed income, low outgoings and great depreciation benefits. It is perfect for anyone looking for a great combination of yield and capital growth from an inner city investment.
Call Thaddeus now for an inspection appointment to avoid missed opportunity.
Features
2 Bedrooms with BIRs
2 Bathrooms
Open Plan Living
Stone Bench Tops
15 sq.meter Balcony
One secured underground car-bay
Property History for 404/18 Rheola St, West Perth, WA 6005
- 07 Apr 2015Listed for Sale $445,000 - $455,000
- 26 Oct 2005Sold for $360,000
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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 5,780 properties. Over the last 5 years, Houses in West Perth have seen a 40.02% increase in median value, while Units have seen a 37.74% increase. As at 31 October 2024:
- The median value for Houses in West Perth is $1,050,180 while the median value for Units is $570,414.
- Houses have a median rent of $650 while Units have a median rent of $650.
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