Back 2/40 Margaret Street
Off Market

2/40 Margaret Street

Midland WA 6056

3
2
2
102 m²
182 m²
Villa
Last sold for $640,000
James DouglasJames Douglas, last sold this property on 16 February 2026 after 61 days on market.

Overview

UNDER OFFER

Why pay strata fees when you don't have to ? Situated in a small group of only four, this middle villa is perfect for investors, first home owners, downsizers or those that seek the lock and leave life style. Located approx. a 4 minute drive to Midland Gate and a 25 minute drive to the Perth CBD - this three bedroom two bathroom villa features open plan living, a paved patio area for entertaining and double lockup garage with additional storage space. Features include * Master bedroom with built in robe and ensuite * Two good sized minor bedrooms, both with built in robes * Open plan living/dining area with easy care floor tiles * Kitchen with gas cooktop, electric oven and pantry * Double lock up garage with additional store area to the rear * Paved under cover patio * Storage gas hot water system * Split system air conditioning * Small group of 4 villas * Build year 2005 * Potential rental return of $650 per week Best thing overall - there are NO STRATA FEES!!! The property is being sold on an "AS IS" basis. Owner would prefer if you have "pre-approval" for finance. For more information or to arrange a private viewing, contact James Douglas from Ray White Midland & Hills today!

Features

3 bedrooms
2 bathrooms
2 carspaces
2 garage spaces
102 m² floor area
182 m² lot size
Villa

Estimated Value

Based on this property and similar 3 bedroom villas sold in Midland over the last 12 months, the estimated median property value of 2/40 Margaret Street is $595.5k.

Median value
$595.5k
Estimated value range
$495k - $680k
Median days on market
22
Estimated value trend
14%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Midland. 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 2/40 Margaret Street

2026
Sold
$640,000
16 Feb 2026 by James Douglas, of Ray White Midland & Hills (LJ Hooker Midland)
2022
Sold
Undisclosed
23 Aug 2022 by Gail Woods, of Harcourts Valley to Vines

Happy sellers in Midland

94%
94% of sellers in Midland reported that their sale price either exceeded or met their price expectations.

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

This is based on voluntary sentiment collected from 36 reviews in Midland over the last 12 months.

Local market activity for 3 bedroom villas in Midland

In the last 12 months, 21 three-bedroom villas similar to 2/40 Margaret Street, have been sold.

This represents a 40% increase in three-bedroom villas sales when compared to the previous 12 months.

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