Sold
15A Garnett Place, Balga WA 6061
Sold price: $400,000
Sold: 22 Aug 2023
Sold
-
3 Bedrooms
-
2 Bathrooms
-
2 Cars
House
View
High Yield, Low Maintenance Investment
Under Offer
Investors, listen up! This is your opportunity to secure an affordable investment with a high rental yield locked in! This low-maintenance gem features modern open plan living, bright bedrooms, and no gardens to worry about. Tenanted until March 2024 at $470 per week, this is truly a set-and-forget investment opportunity that has the potential to pay for itself.
Features you’ll love:
- Modern open-plan living
- Ducted evaporative air-conditioning
- Low maintenance inside and out
- Secure double lock-up garage
- Plenty of storage in the kitchen
- Security screens on all windows and doors.
The Location:
- Just 150m to the local park (Barry Britton Reserve)
- 400m to Warriapendi Primary School
- 500m to North Metropolitan Tafe
- Approx. 2 minute drive to local shops (1km)
- Approx. 20 minutes from Perth CBD
The figures:
- 6-7% rental yield
- Rented at $470 per week
- Tenanted until 4th March 2024
- Water Rates: $943.31
- Council Rates: $1489.55
Property features
-
Garages
2
Property snapshot by reiwa.com
This property at 15A Garnett Place, Balga is a three bedroom, two bathroom house sold by Marco Viljoen at LJ Hooker Joondalup on 22 Aug 2023.
Looking to buy a similar property in the area? View other three bedroom properties for sale in Balga or see other recently sold properties in Balga.
Nearby schools
Balga overview
Balga is northern suburb of Perth located in the City of Stirling. The name "Balga" was adopted in 1954 derived from the Aboriginal word for the indigenous grass tree Xanthorrhoea. Most dwellings in Balga are made of brick and tile, reflecting the period of development and while most residences are detached, there are some grouped dwellings and flats throughout the suburb.
Life in Balga
Balga contains numerous parks, sporting facilities and recreational reserves with the largest being Princess Wallington Reserve. Balga also contains two local shopping centres and several primary schools as well as Balga Senior High School and the North Metropolitan TAFE.
Balga quick stats
High end
$546k
Median
$490k
Low end
$450k
27.3 %
Annual growth
$490k
Annual median sales price
$590pw
Annual median rental price
