Back 53/3 Sherwood Street
Off Market

53/3 Sherwood Street

Maylands WA 6051

1
1
1
42 m²
60 m²
Apartment
Last sold for $337,000
Steve LorrimarSteve Lorrimar, last sold this property on 31 July 2025 after 34 days on market.

Overview

RENOVATED PAD WITH A VIEW

SECOND CHANCE! Be quick! This sold first weekend with multiple offers the first time around and will probably sell very quickly again this second time around. Located in the ever popular Madison Heights complex with it's huge lush tropical garden atrium this spacious, fully renovated one bedroom apartment could be a great buy for an investor or a future owner occupier. Currently the property comes with a clean, tidy and responsible long term tenant (12 month lease) who has added a funky retro vibe to the interior, and is very likely to keep the property as a hassle free investment for potential investors. The kitchen has a great open plan layout with extra cupboard space, a dish washer and an upright 4 burner gas stove/oven. There's a lovely view over the surrounding suburbs from the private balcony. The generous bedroom include a very spacious wall to wall mirrored built in robe and split system air conditioning. The fully renovated bathroom/laundry has it's own internal laundry facilities, a tasteful modern tile colour scheme and a full height hinged chrome framed glass shower screen. The popular Madison Heights complex at 3 Sherwood Street was originally built in 1971 but the complex has been extensively renovated with renewed lift interiors, walkways and full external painting and landscaping, giving it a lovely modern feel outside and a lush green tropical theme atrium garden courtyard on the inside. The complex is ideally located just 300m or a few minutes walk from Coles supermarket, around 500m to Gibbney Reserve, around 1km to The Swan River and Baigup Wetlands, approximately 1km to the Maylands Café Strip & Maylands Train Station and around 5.2kms to Perth City Centre. Features at a Glance: • 1 Bedroom 1 Bathroom 1 Balcony 1 Under Cover Carbay • 42m2 internally + 4m2 balcony + 14m2 carbay = 60m2 Total on strata plan • Wide 4m2 balcony with pleasant views • Central location close to shops/river/public transport. Around 300m to Coles Maylands, around 500m to Gibbney Reserve, around 1km to The Swan River and Baigup Wetlands, approximately 1km to the Café Strip & Maylands Train Station and around 5.2kms to Perth City Centre • Complex built in 1971 but extensively renovated & maintained • Currently rented at $450/week on a fixed term lease to 26/05/2026 • Strata Admin $451/qtr + Reserve $122/qtr = $573/qtr Total • Gas Levy through strata around $45/qtr and Water Levy around $49/qtr • Council Rates: $1,717 p.a. Water Rates: around $922 p.a.

Features

1 bedroom
1 bathroom
1 carspace
1 carport space
42 m² floor area
60 m² lot size
Apartment

Estimated Value

Based on this property and similar 1 bedroom apartments sold in Maylands over the last 12 months, the estimated median property value of 53/3 Sherwood Street is $462.5k.

Median value
$462.5k
Estimated value range
$300k - $615k
Median days on market
22
Estimated value trend
45%
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 53/3 Sherwood Street

2025
Sold
$337,000
Private Sale/Treaty on 31 Jul 2025 by Steve Lorrimar, of NTY Property Group
2025
Rented
Undisclosed
Leased on 22 May 2025 by Vivid Property Perth
2025
Rented
Undisclosed
Leased on 20 May 2025 by Vivid Property Perth

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 1 bedroom apartments in Maylands

In the last 12 months, 39 one-bedroom apartments similar to 53/3 Sherwood Street, have been sold.

This represents a 26% increase in one-bedroom apartments sales when compared to the previous 12 months.

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