Back 76/3 Sherwood Street
Off Market

76/3 Sherwood Street

Maylands WA 6051

1
1
1
0 m²
Apartment
Last sold for $220,000
Steve LorrimarSteve Lorrimar, last sold this property on 03 January 2024 after 41 days on market.

Overview

UNDER OFFER BY STEVE LORRIMAR

**Please note this property is now UNDER OFFER, after receiving multiple offers and there will be no further viewings.** With nice fresh paint, lovely warm modern timber floors, a spaciously balcony, pleasant views, an updated bathroom and a allocated under cover car bay, this is a great apartment ready for you to move-in or purchase as an extremely affordable rental investment. Being located at the end of the complex this apartment has no common walls either side, giving you the maximum amount of privacy too. It's hard to believe that there are still such affordable properties available less than 6kms from the city centre! Make sure you check this one out fast, as we don't think it will last long. Madison Heights at 3 Sherwood Street Maylands, although originally built in 1971, has been extensively renovated in recent years with renewed lift interiors, walkways and full external painting and landscaping, giving it a lovely modern feel outside and a lush green atrium garden courtyard inside which is very popular with buyers and residents. The complex is very centrally located just 300m or a few minutes walk from Coles supermarket, around 500m to Gibbney Reserve, approximately 1km to the 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 the Coles Maylands, around 500m to Gibbney Reserve, approximately 1km to the Café Strip & Maylands Train Station and around 5.2kms to Perth City Centre • Complex built in 1971 but recently extensively renovated • Potential rental return of around $360/week (currently vacant, but we manage others in the complex and can help you find a tenant quickly) • Strata Admin $499/qtr + Reserve $135/qtr = $634/qtr • Council Rates: $1,657.11 p.a. Water Rates: around $874 p.a. • Please be aware this complex is likely to be connected to underground power in the next 12 months which will further improve the streetscape. The buyer will be liable to pay for this underground power. We believe City of Bayswater have quoted an underground power fee of $1,740 for this property, due by the 14/06/2024 (this is in addition to normal council rates and levies).

Features

1 bedroom
1 bathroom
1 carspace
1 open car space
0 m² floor area
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 76/3 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 76/3 Sherwood Street

2026
Rented
Undisclosed
Leased on 25 Apr 2026 by Xceed Real Estate
2026
Rented
Undisclosed
Leased on 29 Jan 2026 by Xceed Real Estate
2024
Rented
Undisclosed
Leased on 24 Jan 2024 by Xceed Real Estate

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 76/3 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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