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18 Yule Street, Maddington WA 6109

Sold price: $670,000 Sold: 28 Jun 2024
Sold
  • 3 Bedrooms
  • 1 Bathroom
  • 4 Cars
  • Landsize 3,550m2
House
18 Yule Street, Maddington WA 6109

Rare Investment Gem: 1960s Home with Vast Potential on Expansive Land

( 18 Yule Street ) Nestled on an impressive 1607 square meters of land, this 1960s-era property presents an exceptional investment opportunity for those with a keen eye for potential. While the three-bedroom, one-bathroom home requires renovation, the real allure lies in the expansive plot of land it occupies, offering endless possibilities for development and enhancement.

The generous land size not only provides ample space for future expansion or redevelopment but also offers a myriad of opportunities for outdoor amenities and landscaping.
Zoned R17.5 it will be a great opportunity for future development.

The house itself needs a bit of love renovation, this property holds long-term value as a strategic investment in the ever-evolving real estate market. With land becoming increasingly scarce, particularly in sought-after locations, securing a parcel of this size presents a rare opportunity to capitalize on future growth and appreciation.

this 1960s home on 1607sqm of land is more than just a renovation project;

Water rates : $1630
Council rates : $404.84
(SELLING AS IS)


( 20 Yule Street ) Introducing a unique opportunity nestled on a sprawling 1943 sqm land parcel with a residence built in the 1940s.

located in a prime location. While the existing house may not be livable in its current state, the expansive 1943sqm land presents immense potential for future development or renovation projects.
With its generous size and strategic positioning, this property offers endless possibilities for savvy investors or developers looking to capitalize on its promising future.

Zoned R17.5 it can give you a great opportunity and potential for future development.
Whether you envision revitalizing the existing structure or embarking on a new construction venture, this property provides the ideal canvas for realizing your vision.

Water rates : $1630
Council rates : $404.84
(SELLING AS IS)

Contact Erfan Hassani on : 0403 558 043

Disclaimer: All information contained has been prepared for advertising and marketing purposes only and is not intended to form part of any contract. Whilst every effort is made for the accuracy of this information, which is believed to be correct, neither the Agent nor the client nor employees of both, guarantee their accuracy and accept no responsibility for the results of any actions taken, or reliance placed upon this document. Interested parties should make independent enquiries and rely on their persona

Property features

  • Carports 4

Property snapshot by reiwa.com

This property at 18 Yule Street, Maddington is a three bedroom, one bathroom house sold by Erfan Hassani at Minic Property Group on 28 Jun 2024.

Looking to buy a similar property in the area? View other three bedroom properties for sale in Maddington or see other recently sold properties in Maddington.

Cost breakdown

  • Council rates: $404 / year
  • Water rates: $1,630 / year

Nearby schools

0.2km
0.9km
St Francis' School
  • Secondary
  • Non-government
1.2km
Yule Brook College
  • Secondary
  • Government
Disclaimer

Maddington overview

'Diversity' best describes the southeast suburb of Maddington. Located 18 kilometres from Perth, Maddington contains major residential, retail and industrial sectors, as well as some semi-rural areas within its 11 square kilometre land area. Maddington's development began in the 1970s, with population growth occurring in the early 1990s and recently between 2006 and 2011 when new homes were added to the area.

Life in Maddington

Removed from the hectic nature of city living, but retaining the facilities that make city living appealing, Maddington is a suburb spoilt with opportunity. Currently, there are two shopping centres in the area, Maddington Central and Maddington Village Shopping Centre, as well as two community centres, a skate park, oval, parklands and playground. There are numerous primary schools in the area, including Maddington Primary School and East Maddington Primary School, as well as a local high school, Yule Brook College. 

Maddington quick stats

High end $660k
Median $600k
Low end $546k
39.5 %
Annual growth
$600k
Annual median sales price
$645pw
Annual median rental price

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FAQ's

18 Yule Street, Maddington sold on 28/6/2024 for $670,000.

The average number of selling days in Maddington is 15 days.
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