Back 5/88 Peninsula Rd
Off Market

5/88 Peninsula Rd

Maylands WA 6051

2
1
1
Villa
Last sold for $425,000
David QuadrosDavid Quadros, last sold this property on 31 July 2024 after 35 days on market.

Overview

SOLD -Discover this little beauty!

Discover this secure 2bedroom 1 bathroom villa in a small group offering some modern comforts as well as the convenience of a perfect blend of location, space, and lifestyle for a young first home buying couple or investor looking to be on the doorstep to the bustling Perth CBD, Swan River, Beaufort St Café Strip as well as transportation. With a fixed-term tenant paying $450 until January 28th 2025 you can set and forget in the short term until you are ready to move in or renew the lease. Key Features: • Built in 1977 this villa is at the rear of a small intimate group of 8. • Featuring 2 bedrooms 1 bathroom (67m pls carport) • Separate undercover carport space • Large open plan airconditioned family/ dining area • Feature renovated kitchen and bathroom • Master bedroom with built-in robing • Good size second bedroom • Location: Prime position in vibrant Maylands, close to cafes, shops, and public transport. • Current Fixed Term Lease at $450 per week until 28/01/25. Rent amount will increase to $475 per week from 29/07/24. • Quarterly Strata Fees $825 inclusive of $25 reserve fund Water rates: $893.46 p/a (approx.) Council rates: $1697.40 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

2 bedrooms
1 bathroom
1 carspace
1 garage space
Villa

Estimated Value

Based on this property and similar 2 bedroom villas sold in Maylands over the last 12 months, the estimated median property value of 5/88 Peninsula Rd is $700k.

Median value
$700k
Estimated value range
$530k - $750k
Median days on market
12
Estimated value trend
30%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Maylands. 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 5/88 Peninsula Rd

2024
Sold
$425,000
31 Jul 2024 by David Quadros, of Porter Matthews Metro
2014
Sold
Undisclosed
Private Sale/Treaty on 17 Mar 2014 by Chantal Ricupero, of WELSH Real Estate

Happy sellers in Maylands

95%
95% of sellers in Maylands reported that their sale price either exceeded or met their price expectations.

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

This is based on voluntary sentiment collected from 93 reviews in Maylands over the last 12 months.

Local market activity for 2 bedroom villas in Maylands

In the last 12 months, 25 two-bedroom villas similar to 5/88 Peninsula Rd, have been sold.

This represents a 25% increase in two-bedroom villas sales when compared to the previous 12 months.

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