7/270 Fourth StreetWonthella WA 6530
Property Details for 7/270 Fourth St, Wonthella
7/270 Fourth St, Wonthella is a 2 bedroom, 1 bathroom Townhouse and was built in 1979. The property has a land size of 110m2 and floor size of 61m2. While the property is not currently for sale or for rent, it was last sold in July 2004.
Last Listing description (September 2024)
Introducing Unit 7/270 Fourth St., a double-brick residence boasting 2 bedrooms and 1 bathroom. This property is a fantastic addition to your investment portfolio or an ideal first home if you're ready to break free from the rental cycle.
Nestled in the charming suburb of Wonthella, this unit offers convenience at your doorstep. Immerse yourself in the community as you're just a short walk away from schools, a bustling shopping center, vibrant sporting grounds, and the Aquareena public swimming pool.
The strategic location not only enhances your lifestyle but also adds significant value to your investment. In a market where rental vacancy rates remain at an all-time low, Unit 7/270 Fourth St. stands out with a rent appraisal of $280 per week. This impressive figure translates to a Gross Return on Investment (ROI) of 7.1%, a remarkable opportunity that you won't easily find elsewhere.
Furthermore, the property is currently occupied under a periodic lease, providing flexibility for both investors and potential owner-occupiers.
STRATA Levies: $1,997.04 per year
Council Rates: $1,960.00
Water Rates: $772.81
Disclaimer: Whilst every care has been taken in the preparation of this advertisement, accuracy cannot be guaranteed. To the best of our knowledge the information listed is true and accurate however may be subject to change without warning at any time and this is often out of our control. Prospective tenants & purchasers should make their own enquiries to satisfy themselves on all pertinent matters. Details herein do not constitute any representation by the Owner or the agent and are expressly excluded from any contract.
Property History for 7/270 Fourth St, Wonthella, WA 6530
- 03 Jul 2024Listed for Sale $205,000
- 19 May 2014Listed for Rent $230 / week
- 05 Oct 2011Listed for Rent - Price not available
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0About Wonthella 6530
The size of Wonthella is approximately 3.7 square kilometres. It has 4 parks covering nearly 25% of total area. The population of Wonthella in 2011 was 1,714 people. By 2016 the population was 1,606 showing a population decline of 6.3% in the area during that time. The predominant age group in Wonthella is 50-59 years. Households in Wonthella are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Wonthella work in a trades occupation. In 2011, 57.8% of the homes in Wonthella were owner-occupied compared with 58.2% in 2016.
Wonthella has 1,116 properties. Over the last 5 years, Houses in Wonthella have seen a 120.64% increase in median value, while Units have seen a 91.66% increase. As at 31 October 2024:
- The median value for Houses in Wonthella is $390,274 while the median value for Units is $295,376.
- Houses have a median rent of $440 while Units have a median rent of $400.
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