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Off Market

5/11 Hamilton St

Osborne Park WA 6017

2
1
1
Apartment
Last sold for $240,000
Justine McKinnonJustine McKinnon, last sold this property on 28 November 2022 after 222 days on market.

Overview

Investors Cash Cow or Owner Occupiers Security

Rarely does a property come on the market that makes so much sense. 5/11 Hamilton Street Osborne Park is the pick of the apartments in the area. Located within 8kms from the Perth CBD and walking distance to everything including, but not limited to; Primary school Daycare Bus Stop Cafes Restaurants Hair dressers Doctors Gym The location, coupled with the move in ready renovation, makes this apartment always attractive to a wide variety of tenants and is therefore always leased. With the high level of demand, it allows the current vendors to ask for a premium rent for this type of property in this area. Currently leased for $350pw the tenants are occupying the property until February 2023 but have expressed interest in staying on. But if you are not an investor and you want to live in the apartment you can not renew the lease and move in yourself. At this point it is more affordable than renting. This apartment is 2 bedrooms, 1 bathroom, and renovated with modern neutral décor throughout. It is in a small secure, gated complex of only 16 units. The current tenants like it because it is safe, quiet and spacious. The current owners bought it because of its location to everything and the return it produces. They are selling due to selling down their investment portfolio. Take advantage of this one and add it to your portfolio to add some cash flow.

Features

2 bedrooms
1 bathroom
1 carspace
Apartment

Estimated Value

Based on this property and similar 2 bedroom apartments sold in Osborne Park over the last 12 months, the estimated median property value of 5/11 Hamilton St is $585k.

Median value
$585k
Estimated value range
$391k - $750k
Median days on market
14
Estimated value trend
13%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Osborne Park. 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 5/11 Hamilton St

2022
Sold
$240,000
Private Sale/Treaty on 28 Nov 2022 by Justine McKinnon, of Shared-Space Property Agency
2022
Rented
Undisclosed
Leased on 17 Jan 2022 by Western Keys Real Estate

Happy sellers in Osborne Park

99%
99% of sellers in Osborne Park reported that their sale price either exceeded or met their price expectations.

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

This is based on voluntary sentiment collected from 22 reviews in Osborne Park over the last 12 months.

Local market activity for 2 bedroom apartments in Osborne Park

In the last 12 months, 16 two-bedroom apartments similar to 5/11 Hamilton St, have been sold.

This represents a 34% increase in two-bedroom apartments sales when compared to the previous 12 months.

Nearby agents

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

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Jodie Holbrook

Jodie Holbrook is a recommended agent for Osborne Park.  They have 7 local sales and collected 3 local reviews across the last 12 months.

  •   5   (9 reviews)
  •  3 Reviews in Osborne Park
  •  7 Sales in Osborne Park
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Ben Noakes

Sellers who recommend Ben Noakes have praised them for being clear communication, friendly, local expert, responsive, supportive, reliable and easy to work with

  •   5   (146 reviews)
  •  5 Reviews in Osborne Park
  •  2 Sales in Osborne Park
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Gareth Drummond

Sellers who recommend Gareth Drummond have praised them for being clear communication, local expert, honest, dedicated, reliable, responsive and friendly

  •   5   (120 reviews)
  •  2 Reviews in Osborne Park
  •  2 Sales in Osborne Park
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Tyson Barry

Tyson Barry is a recommended agent for Osborne Park.  They have 1 local sale and collected 3 local reviews across the last 12 months.

  •   5   (171 reviews)
  •  3 Reviews in Osborne Park
  •  1 Sale in Osborne Park
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