Back 5/97 Peninsula Rd
Off Market

5/97 Peninsula Rd

Maylands WA 6051

2
2
2
Apartment
Last sold for $620,000
Michael MortMichael Mort, last sold this property on 25 November 2024 after 1042 days on market.

Overview

Vue Apartment

Nestled within the elegant low-rise Vue Apartments, this contemporary two-bedroom, two-bathroom residence seamlessly combines style, convenience, and prime location. The open-plan living and dining area extends to a generous balcony, offering panoramic views of the surrounding neighborhoodperfect for entertaining or relaxing. Enjoy access to beautifully landscaped communal gardens and barbecue facilities. Just a short stroll of five to ten minutes places you at the vibrant 8th Avenue/Whatley Crescent café and shopping precinct, the picturesque Swan River, scenic walking and cycling trails, and local shops. Nearby, you'll find the Maylands Peninsula Public Golf Course, Maylands Yacht Club, Ascot Racecourse, and Perth CBD. This superb location is ideal for busy professionals, couples, or FIFO workers due to its proximity to the airport. The apartment is move-in ready, presenting an attractive opportunity for investors seeking strong ROI. With two bedrooms and two bathrooms, the space offers flexibilityrent out one room while enjoying the other. Key Features: Generous 120m2: Total area on title Open-Plan Living and Dining: Leading to a spacious 25 SQM balcony with city and neighborhood views Modern Kitchen: Equipped with stone benchtops, dishwasher, induction cooktop and ample storage Additional Storage: 6 SQM storeroom accessible from the balcony Integrated Laundry: Conveniently located in the main bathroom Climate Control: Split system air-conditioning in the living room Parking: Two dedicated undercover car bays Complex Features: Beautifully maintained with communal landscaped gardens and secure entry with intercom Pet-Friendly: Subject to council of owners' approval Please note this property is currently tenanted until May 2025 on a fixed term lease at $600 per week. Location Highlights: 450m to Maylands Peninsula Public Golf Course 450m to De Lacy Reserve 700m to the Swan River at Balgup Wetlands or Berringa Park 1.2km to Maylands Yacht Club 1.4km to local shops 1.3km to 8th Avenue/Whatley Crescent café and shopping strip 1.5km to Maylands train station 2.7km to Ascot Racecourse 5.3km to Perth CBDWater Rates: Approx $1,066 per annum Council Rates: Approx $1,858 per annum Water Rates: Approx $1,041 per annum Strata Fees: Approx $842 per quarter Disclaimer: The particulars of this listing have been prepared for advertising and marketing purposes only. We have made every effort to ensure the information is reliable and accurate, however, clients must carry out their own independent due diligence to ensure the information provided is correct and meets their expectations.

Features

2 bedrooms
2 bathrooms
2 carspaces
Apartment

Estimated Value

Based on this property and similar 2 bedroom apartments sold in Maylands over the last 12 months, the estimated median property value of 5/97 Peninsula Rd is $536.5k.

Median value
$536.5k
Estimated value range
$356k - $740k
Median days on market
16
Estimated value trend
15%
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 5/97 Peninsula Rd

2024
Sold
$620,000
Private Sale/Treaty on 25 Nov 2024 by Michael Mort, of Caporn Young Estate Agents
2022
Rented
Undisclosed
Leased on 03 May 2022 by Letterbox Realty
2017
Rented
Undisclosed
Leased on 02 Nov 2017 by Letterbox Realty

Happy sellers in Maylands

94%
94% 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 101 reviews in Maylands over the last 12 months.

Local market activity for 2 bedroom apartments in Maylands

In the last 12 months, 67 two-bedroom apartments similar to 5/97 Peninsula Rd, have been sold.

This represents a 47% increase in two-bedroom apartments sales when compared to the previous 12 months.

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