1/5 Park Road

Midvale WA 6056

68 m²

209 m²

House

Last sold for $490,000

Vanessa Tuttle, last sold this property on 27 October 2025 after 39 days on market.

Overview

Rare Find Under $500,000 - Secure Your Spot in Midvale!

Opportunities like this are becoming increasingly rare. With property prices on the rise and limited stock available under $500,000, this home is a fantastic chance to step into the market without stretching your budget. Neat and tidy in presentation, the property remains in original condition, perfect for those who want to add value over time. While it could benefit from some cosmetic upgrades, it's completely liveable as is, giving you flexibility to renovate at your own pace or simply enjoy the steady returns. Why you'll love it: Currently leased at $480 per week until 11th November, 2025 offering immediate income Excellent location - walking distance to transport, moments from Midland's shopping, medical, and lifestyle facilities Affordable levies at $270 per quarter (due to be reviewed in October) Planned roof maintenance will further lift the look and appeal of the complex One of the few remaining properties available below $500,000 in this area Midvale is a highly sought after suburb, prized for its convenience, affordability, and strong rental demand. Investors will appreciate the reliable returns, while first home buyers will see the potential to create a stylish home in a central location. In today's market, where affordable homes are harder and harder to find, this is a golden opportunity to secure your future at a price point that's fast disappearing. Act quickly - at this price, it won't last. WATER RATES: $980.17 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 and buyers should make their own enquiries to satisfy themselves on all pertinent matters. Details herein do not constitute any representation by the Owner, the Agent and the Agency and are expressly excluded from any contract.

Features

2 bedrooms

1 bathroom

2 carspaces

1 carport space

1 open car space

68 m² floor area

209 m² lot size

House

Estimated Value

Based on this property and similar 2 bedroom houses sold in Midvale over the last 12 months, the estimated median property value of 1/5 Park Road is $637.5k.

Median value

$637.5k

Estimated value range

$490k - $670k

Median days on market

Estimated value trend

52%

increase over the last 12 months

Average days on market is based on recent, comparable sales in Midvale. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.