SOLD
Sold on 15 Oct 2024 for $580,000

5/588 Newcastle Street
West Perth WA 6005

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 70m2
Land area: 101m2
Sold By
Peter Zambotti
Mont Property
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Property Details for 5/588 Newcastle St, West Perth

5/588 Newcastle St, West Perth is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2018. The property has a land size of 101m2 and floor size of 70m2. 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 West Perth in the last 12 months.

Building Type
Unit
Year Built
2018
Floor Size
70m2
Land Size
101m2
Local Government
Vincent
Lot/Plan
5/S077794

Last Listing description (December 2024)

A unique offering not to be missed. Nestled and tucked away off the street, the privacy is unmatched.

Residence 57m?
Total Area 76m?

Storage 4m? Car Bay 15m?

Discover the essence of stylish city living in this New York inspired apartment, perfectly positioned close to the heart of the CBD and footsteps from the best Leederville has to offer. With shops, quality restaurants, vibrant entertainment options, and sought after amenities right at your doorstep, this ground floor apartment offers the ultimate convenience for singles or executive couples seeking a contemporary lock and leave lifestyle.

This oversized two bedroom, one bathroom apartment is located in a small boutique complex of just 9 apartments, providing a sense of privacy and exclusivity.

The master bedroom opens onto a private front yard, creating a unique indoor - outdoor flow. The extra large bathroom features a double floating vanity, heating lamp, and ample space, while the contemporary kitchen is appointed with a stone benchtop and Bosch appliances, including an induction cooktop, stainless steel oven, dishwasher, and rangehood. The open plan, light filled living and meals area is the highlight of the property in the heart of the apartment.

Designed for easy living, the apartment includes a hidden laundry space for a washing machine and dryer, easy-care granite tile flooring throughout the living areas and the second bedroom, and plush carpet in the master bedroom. High-quality finishes and an abundance of natural light enhance the modern aesthetic, while wall-mounted reverse cycle air conditioning in the open-plan living, meals, and kitchen area, as well as the master bedroom, ensures comfort all year round.

Enjoy your own private and secure courtyard, perfect for relaxing outdoors. Additional features include an intercom security system, a secure undercover car bay, and a storage unit.

Approximate distance to location Highlights:

Approx 450m walk to the Leederville Oxford Street cafe strip
500m walk to Beatty Park Leisure Centre
600m to Leederville Station
2km to Lake Monger
Easy access to Freeway South, Freeway North, and Graham Farmer Freeway within a 5-minute drive.

With its contemporary style and unbeatable location, this apartment offers the best of inner city living.

The property is currently tenanted on a fixed term lease until the 14th January 2025 at $615/week. Strata fees are $854.70/quarter.

Property History for 5/588 Newcastle St, West Perth, WA 6005

A timeline of how this property has performed in the market
Last Sold
$580,000
15 Oct 2024
Listed for Rent
$450/w
23 Nov 2022
  • 15 Oct 2024
    Sold for $580,000
  • 10 Sep 2024
    Listed for Sale From $550K
  • 16 Nov 2022
    Listed for Rent $450 / week
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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 5,815 properties. Over the last 5 years, Houses in West Perth have seen a 39.41% increase in median value, while Units have seen a 40.33% increase. As at 30 November 2024:

  • The median value for Houses in West Perth is $1,051,644 while the median value for Units is $573,831.
  • Houses have a median rent of $640 while Units have a median rent of $675.
There are currently 66 properties listed for sale, and 33 properties listed for rent in West perth on OnTheHouse. According to CoreLogic's data, 387 properties were sold in the past 12 months in West perth.

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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.