Back 38/167 Grand Blvd
Off Market

38/167 Grand Blvd

Joondalup WA 6027

3
2
1
95 m²
117 m²
Apartment
Last sold for $659,000
Magda GrekMagda Grek, last sold this property on 05 October 2025 after 33 days on market.

Overview

BIG $47,840 Yearly Rental Return!

3-bedroom 2-bathroom apartment rented by rooms in the heart of Joondalup. This fantastic investment is within walking distance of everything! Including - • Lakeside Joondalup Shopping Centre (across the road) • Joondalup Train and Bus Station (across the road) • Joondalup Hospital • Police Academy • Edith Cowan University Joondalup Campus • Cafés, restaurants and much more. • Reap the rewards of this property from the day you purchase it with a huge $47,840 gross per year rental return. ABOUT THE PROPERTY * Master bedroom with WIR and bathroom with shower and toilet * 2 other rooms with built-in double robes * Another bathroom between rooms 2 & 3 * Family/dining and kitchen open space overlooking the verandah and parks * Split system air conditioning to the main living CURRENT LEASES Bed 1 - $330 gross per week ($275 NET income) Bed 2 - $285 gross per week ($230 NET income) Bed 3 - $305 gross per week ($250 NET income) $920 per week, $47,840 per year or $755 per week, $39,260 NET per year (handle the Amenities, which is Water, Gas, Electricity, Internet and Professional Cleaning every 6-8 weeks) BONUS: ALL FURNITURE AND WHITE GOODS THAT ARE CURRENTLY IN THE HOUSE ARE INCLUDED IN THE SALE PRICE!!! • Built in 2001 • Ground floor apartment • 1 car spaces • Access to complex amenities including pool, sauna and gym • The council rates are $1,332.09 per annum • The water rates are: $193.13 (2 months) = $1158.78 per annum • Strata fees $1,142 per quarter For more information or book the private viewing call Magda Grek on 0406 647 779 Details provided for this property is for information only and should not be taken as a representation in any respect on the part of the vendor or their agent. Prospective clients should make their own enquiries regarding the property or fixtures before entering into any Contract or Lease Agreement. All plans and measurements are approximate and not to scale.

Features

3 bedrooms
2 bathrooms
1 carspace
1 carport space
95 m² floor area
117 m² lot size
Apartment

Estimated Value

Based on this property and similar 3 bedroom apartments sold in Joondalup over the last 12 months, the estimated median property value of 38/167 Grand Blvd is $680k.

Median value
$680k
Estimated value range
$550k - $1.13m
Median days on market
29
Estimated value trend
14%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Joondalup. 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 38/167 Grand Blvd

2025
Sold
$659,000
Private Sale/Treaty on 05 Oct 2025 by Magda Grek, of First Western Realty Joondalup
2022
Sold
$330,000
10 Nov 2022 by Matthew Hemsworth, of LJ Hooker Joondalup
2019
Rented
Undisclosed
Leased on 18 Jun 2019 by LJ Hooker Joondalup

Happy sellers in Joondalup

91%
91% of sellers in Joondalup reported that their sale price either exceeded or met their price expectations.

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

This is based on voluntary sentiment collected from 59 reviews in Joondalup over the last 12 months.

Local market activity for 3 bedroom apartments in Joondalup

In the last 12 months, 20 three-bedroom apartments similar to 38/167 Grand Blvd, have been sold.

This represents a 23% increase in three-bedroom apartments sales when compared to the previous 12 months.

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