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Back 5/16 Grey Street
Off Market

5/16 Grey Street

Cannington WA 6107

2
2
1
Unit
Last sold for $520,000
Sean SeetSean Seet, last sold this property on 19 August 2025 after 84 days on market.

Overview

Contemporary 2-Bedroom Apartment

UNDER OFFER with Multiple Offers! We Need more units!!! This modern 2-bedroom, 2-bathroom apartment presents an excellent opportunity for both investors and those seeking their ideal home. Located just a 5-minute walk from Carousel Shopping Centre, this first-floor unit offers a low-maintenance lifestyle in a vibrant, rapidly developing suburb. The complex features key-locked windows and doors, a lockable storeroom, and CCTV for enhanced security. Enjoy peace of mind with secured parking, remote gate access, and a voice intercom system. Designed to accommodate various living dynamics, this apartment features large windows that fill the space with natural light. Each bedroom includes plush neutral carpets and the master bedroom boasts an ensuite and a walk-in robe, while the generous second bedroom features a built-in robe. Enjoy sleek stainless steel appliances, stone bench tops, and modern ceramic tile splashbacks. The open-plan layout seamlessly connects the kitchen, dining, and living areas, enhanced by quality finishes like soft-close drawers and stone-topped vanities. The unit includes split-system air conditioning for year-round comfort. The inviting courtyard space is perfect for relaxation or entertaining, while additional benefits include a private storeroom and comprehensive security surveillance throughout the complex. Convenient access to Westfield Carousel and Cannington Train Station, with Cannington Leisureplex just three minutes away, offering a gym, pool, sports courts, café, and library. Curtin University is only 5km away, with plenty of public open spaces nearby for outdoor activities. The unit is currently tenanted for $590 per week until the 7th of November 2025. Location Features: - 5 minute walk to Westfield Carousel. - 6 minute drive to Mills Park. - 16 minute drive to Perth Airport. - 20 minute drive to Perth city. - 600m to Cannington Train Station. - 5km to Curtin University. - Close to local primary schools. - Quick access to Albany Highway, Tonkin Highway & Roe Highway. - Close proximity to community services, transport infrastructure, and amenities. Currently tenanted, this property ensures immediate rental income. Whether you're seeking a new family residence or a smart investment, this apartment ticks all the boxes. Don't miss out on this opportunity to invest in a thriving community with incredible growth potential. • Water Rates: Approx. $1,107.32 per annum • Council Rates: Approx. $1880.00 per annum • Strata Levies: Approx. $528.00 per quarter ($462.00 admin fund per qtr. + $66.00 reserve fund per qtr.) DISCLAIMER We have in preparing this information used our best endeavours to ensure that the information contained therein is true and accurate, but accept no responsibility and disclaim all liability in respect of any errors, inaccuracies or misstatements contained herein. Prospective purchasers should make their own inquiries to verify the information contained herein.

Features

2 bedrooms
2 bathrooms
1 carspace
1 garage space
Unit

Estimated Value

Based on this property and similar 2 bedroom units sold in Cannington over the last 12 months, the estimated median property value of 5/16 Grey Street is $580k.

Median value
$580k
Estimated value range
$490k - $675k
Median days on market
27
Estimated value trend
33%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Cannington. 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 5/16 Grey Street

2025
Sold
$520,000
19 Aug 2025 by Sean Seet, of Starlight Property Group
2023
Sold
21 Sep 2023 by Sean Seet, of Starlight Property Group
2019
Rented
Undisclosed
Leased on 20 Mar 2019 by Stage Property

Happy sellers in Cannington

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

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

This is based on voluntary sentiment collected from 38 reviews in Cannington over the last 12 months.

Local market activity for 2 bedroom units in Cannington

In the last 12 months, 7 two-bedroom units similar to 5/16 Grey Street, have been sold.

This represents a 16% decrease in two-bedroom units 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 Cannington

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Nic Sauzier

Sellers who recommend Nic Sauzier have praised them for being local expert, clear communication, honest, responsive, supportive, dedicated and easy to work with

  •   5   (267 reviews)
  •  10 Reviews in Cannington
  •  21 Sales in Cannington
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Cameron Smart

Sellers who recommend Cameron Smart have praised them for being clear communication, local expert, responsive, supportive, honest, friendly and well-prepared

  •   4.8   (288 reviews)
  •  5 Reviews in Cannington
  •  8 Sales in Cannington
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Anil Singh

Anil Singh is a recommended agent for Cannington.  They have 7 local sales and collected 3 local reviews across the last 12 months.

  •   4.9   (384 reviews)
  •  3 Reviews in Cannington
  •  7 Sales in Cannington
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Selvi Gopinathan

Selvi Gopinathan is a recommended agent for Cannington.  They have 3 local sales and collected 3 local reviews across the last 12 months.

  •   5   (20 reviews)
  •  3 Reviews in Cannington
  •  3 Sales in Cannington
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