Back 50 First Avenue
Off Market

50 First Avenue

Bassendean WA 6054

3
1
1
746 m²
House
Last sold for $860,000
Chris KotsChris Kots, last sold this property on 14 August 2025 after 8 days on market.

Overview

Potential galore renovate, develop or invest

Many move to Bassendean for its picturesque riverside location, convenient town centre and transportation links. But once they settle in, they soon realise the neighbourhood resembles a community-minded country village, except that its only a few minutes from the city and on the edge of the Swan Valley. This three-bedroom, one-bathroom brick and tile property offers enormous potential. Situated on a 746sqm block, you have endless options here. You could renovate and extend the existing 1970s home, or develop the block as an investment or as your dream home. Alternatively, you could simply purchase the property as is and retain the existing tenants who have lived there for the last 15 years and would love to stay on. You really can't go wrong here as no matter which path you choose, property prices in Bassendean will only continue to thrive. Located on the cusp of historic Guildford, Bassendean exudes plenty of heritage through its character homes, sprawling riverside estates and the iconic Bassendean Oval. The town centre offers everything you need ranging from the Bassendean Shopping Centre to Old Perth Road lined with specialty stores, amenities, bars and cafes. A range of schools should suit most families, ranging from Bassendean Primary School, Anzac Terrace Primary School, Saint Michael's School, Cyril Jackson Senior Campus to the affluent Guildford Grammar School. Stroll to Anzac Terrace Reserve, Success Hill Reserve overlooking the river or to Guildford for a rummage among the antique shops. Midland's thriving town centre and the Swan Valley's wineries, breweries, distilleries, restaurants and tourist attractions are only a short drive away. You're within walking distance of the Bassendean Train Station and buses, plus you have easy access to Tonkin Highway and Guildford Road. This incredible opportunity will suit investors, developers and renovators and caters well to families, professionals and FIFO workers who appreciate the close proximity to the airport. Opportunities like these rarely remain on the market for long. So please don't hesitate to contact Chris Kotsopoulos on 0400 241 017 or ckots@thoughtleadersre.com.au to arrange a viewing today. Property features: Enormous potential to renovate, develop or invest 746sqm block Three bedrooms, one bathroom 1970s brick and tile construction Undercover parking with additional parking Formal loungeroom Functional kitchen and combined meals area Bathroom includes a bath Shed/workshop Move-in ready Currently tenanted by long-term tenants who would like to stay Location highlights: 170m to Anzac Terrace Reserve 550m to Bassendean Train Station 750m to Bassendean town centre 800m to Saint Michael's School Bassendean 1km to Success Hill Reserve and the Swan River 1.1km to Anzac Terrace Primary School 1.5km to Bassendean Primary School 2km to Ashfield Sports Club and Reserve 2km to Cyril Jackson Senior Campus 2.6km to Guildford 3.6km to Guildford Grammar School 4km to the Swan Valley 5.8km to Galleria Shopping Centre 6.8km to Midland 6.9km to the Perth Airport 10km to Perth CBD CLOSING DATE SALE All Offers Invited - All Offers Presented By 6:00pm on Wednesday 20 August 2025 - UNLESS SOLD PRIOR Contact: Chris - Before it's too late! Chris Kots: 0400 241 017 ckots@thoughtleadersre.com.au

Features

3 bedrooms
1 bathroom
1 carspace
746 m² lot size
House

Estimated Value

Based on this property and similar 3 bedroom houses sold in Bassendean over the last 12 months, the estimated median property value of 50 First Avenue is $905k.

Median value
$905k
Estimated value range
$602k - $2.24m
Median days on market
16
Estimated value trend
18%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Bassendean. 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 50 First Avenue

2025
Sold
$860,000
Private Sale/Treaty on 14 Aug 2025 by Chris Kots, of Realmark Premier
2011
Sold
Undisclosed
Private Sale/Treaty on 15 Nov 2011

Happy sellers in Bassendean

88%
88% of sellers in Bassendean reported that their sale price either exceeded or met their price expectations.

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

This is based on voluntary sentiment collected from 29 reviews in Bassendean over the last 12 months.

Local market activity for 3 bedroom houses in Bassendean

In the last 12 months, 62 three-bedroom houses similar to 50 First Avenue, have been sold.

This represents a 39% increase in three-bedroom houses sales when compared to the previous 12 months.

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