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Investment Opportunity - 2 Bedroom Unit in Highly Accessible Location!
Welcome to 9/64 Railway Parade, Midland. Tucked towards the back of a complex, this two bedroom property presents a convenient and accessible option to live in, nearby all amenities including the upcoming new Midland Train Station. Perfect for the commuter, student or family needing to be close to transport, shops and schools. Filled throughout with great features including a large kitchen & bathroom, air conditioning to the living area, and built in robes to the bedrooms, this property has a lot to love - don't miss out on this opportunity!
Property Highlights:
• Two-bedroom, one-bathroom unit; built approximately 1979
• Total block size of 67 square metres
• Undercover parking area next to the unit
• Allocated undercover parking bay
• Welcoming living area to the front of the unit
• Wall air-conditioner to the living area
• Kitchen accessible next to living area
• Window from kitchen to look out to living area
• Large windows throughout for natural light
• Built in robes to the bedrooms for storage
• Bathroom with bathtub / shower combo
• Laundry leading out to rear yard
• Outdoor area with side gate
Investor Summary:
• This property is currently leased on a periodic basis, for $400 per week
• Market Rent is approximately $475 per week
• Based on market rent and the asking price, this poses an attractive rental yield of around 6.19%!
• HouseSmart is active throughout Midland and surrounds and can provide high quality leasing and Property Management services throughout the course of sale and beyond Settlement.
Location Summary:
• The new Midland Train Station is expected to be completed in early 2026 and will bring better connection to transport systems and the Perth CBD, as well as walking/biking paths and landscaped areas in the area nearby Railway Parade
• Many cafe's, restaurants and bars nearby for entertainment options
• Midland Gate Shopping Centre a short walking distance, plus Centrepoint Gateway
• Nearby schools including Guildford Grammar, La Salle College, and Woodbridge Primary School
• Street parking available along Railway Parade
Rates & Fees Estimation:
• Water Rates: $770.8 per annum
• Council Rates: $TBA
• Strata Rates: $583 per quarter
Delivering an opportunity for a high-yield investment, or a place to call home for your own, this property has many uses. Featuring all the amenities you need in a modern home, this home is a convenient choice - and is close to all facilities, for easy day-to-day travelling. Contact Adam Bettison on 0409 929 128 for more information or to book a viewing today!
Property features
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Air conditioned
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Garages
1
Property snapshot by reiwa.com
This property at 9/64 Railway Parade, Midland is a two bedroom, one bathroom unit sold by Adam Bettison at HouseSmart Real Estate Pty Ltd on 21 Sep 2025.
Looking to buy a similar property in the area? View other two bedroom properties for sale in Midland or see other recently sold properties in Midland.
Nearby schools
Midland overview
Midland is a mixed-use suburb with industrial, commercial and residential areas. It experienced its most substantial development period occurring during the post-war years. More recently, Midland experienced growth between 2001 and 2011 as new dwellings were added to the Midland Redevelopment Area, a State Government urban renewal project which commenced in 2000.
Life in Midland
Midland offers its residents a suburban environment with a good supply of commercial and recreational establishments. There are three shopping centres in the area, Midland Central Shopping Centre, Midland Gate Shopping Centre and Centrepoint Shopping Centre, plus a leisure centre, speed dome, sports complex, a skate park, town hall and arts centre. Other major establishments include Swan District Hospital, Polytechnic West Midland Campus and a number of schools. There is also plenty of open public space with parks, reserves, walk trails and ovals in abundance.
Midland quick stats
High end
$768k
Median
$684k
Low end
$605k
19.0 %
Annual growth
$684k
Annual median sales price
$630pw
Annual median rental price
