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Back 12 Olga Road
Off Market

12 Olga Road

Maddington WA 6109

5
2
4
951 m²
House
Last sold for $1,211,115
Raveen LiyanageRaveen Liyanage, last sold this property on 22 March 2026 after 24 days on market.

Overview

Corner R80 Development Site with Established Short-Stay Income

Positioned on a substantial 951m² corner block at the intersection of Olga Road and Orr Street, this is a rare opportunity to secure a high-density development site with an established, council-approved short-stay accommodation business already in operation. Zoned R80 under the Central Maddington Out Line Development Plan, the property offers outstanding flexibility for investors, developers, or land-bankers looking to capitalise on a prime corner location (STCA). Current Improvements - Duplex Configuration The property comprises two self-contained residences, each with its own private yard: 12A Olga Road • 3 bedrooms • 1 bathroom • Full self-contained kitchen • Private backyard 12C Olga Road • 2 bedrooms • 1 bathroom • Full self-contained kitchen • Private backyard The dwellings are currently operated as a successful Airbnb business, with Council approval for short-term accommodation in place since 2017 - a significant advantage rarely offered in today's market. Established Income Stream • Operating as short-stay accommodation since 2017 • Approximately $76,000 gross income for the 2024/25 financial year • Proven track record and established presence Whether you continue the thriving short-term rental business or explore redevelopment options, the choice is yours. Prime Location Conveniently located within walking distance to: • McDonald's Maddington • Centro Maddington Shopping Centre • Maddington railway station Excellent access to transport, retail, and local amenities enhances both rental demand and development appeal. Why This Property Stands Out • 951m² corner block • R80 zoning under Central Maddington ODP • Multiple potential subdivision and development options (STCA) • Dual street frontage (Olga Road & Orr Street) • Council-approved short-stay accommodation • Strong, established income stream This is a truly unique opportunity combining immediate cash flow with long-term development upside. For investors seeking yield, developers seeking density, or buyers wanting flexibility - 12 Olga Road delivers on all fronts. 12A Olga Water rates: $798.28 Total for 2024 - 2025 financial year 12B Olga Water rates: $770.80 Total for 2024 - 2025 financial year Council rates: $2680 p/a (approx.) Disclaimer: Whilst every care has been taken in the preparation of this advertisement, accuracy cannot be guaranteed. Prospective purchasers should make their own enquiries to satisfy themselves on all pertinent matters. Details herein do not constitute any representation by the Vendor or the agent and are expressly excluded from any contract.

Features

5 bedrooms
2 bathrooms
4 carspaces
4 open car spaces
951 m² lot size
House

Estimated Value

Based on this property and similar 5 bedroom houses sold in Maddington over the last 12 months, the estimated median property value of 12 Olga Road is $885k.

Median value
$885k
Estimated value range
$700k - $1.21m
Median days on market
19
Estimated value trend
25%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Maddington. 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.

Property history for 12 Olga Road

2026
Sold
$1,211,115
22 Mar 2026 by Raveen Liyanage, of Porter Matthews Metro
2015
Sold
$599,000
Private Sale/Treaty on 08 Apr 2015 by Lanfen Fen Zhao, of LJ Hooker Thornlie | Canning Vale

Happy sellers in Maddington

97%
97% of sellers in Maddington reported that their sale price either exceeded or met their price expectations.

Maddington stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 39 reviews in Maddington over the last 12 months.

Local market activity for 5 bedroom houses in Maddington

In the last 12 months, 7 five-bedroom houses similar to 12 Olga Road, have been sold.

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Maddington

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Shahbaj Brar

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Shane Beaumont

Sellers who recommend Shane Beaumont have praised them for being clear communication, local expert, responsive, reliable, supportive, well-prepared and honest

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Josh Brockhurst

Sellers who recommend Josh Brockhurst have praised them for being clear communication, local expert, responsive, supportive, friendly, honest and reliable

  •   4.9   (494 reviews)
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Kirsty Styles

Kirsty Styles is a recommended agent for Maddington.  They have 2 local sales and collected 2 local reviews across the last 12 months.

  •   5   (13 reviews)
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