56 Lowanna Way, Armadale is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1980. The property has a land size of 309m2 and floor size of 95m2.
What a great opportunity to secure a great investment with this 3 bedroom, renovated house currently locked in to a 2 year lease (expires on 5/3/2023) for $350 per week (approximately 7% gross yield)!With a central location and walking distance to Challis Primary School, parks and only 5 minutes to local shopping centres, the new Armadale Fitness and Aquatic Centre, this is a perfect location for long term growth.Features include:- Recent renovation including paint, flooring, bathroom, kitchen, laundry- Full height tiling in bathroom, laundry & toilet- New LED downlighting throughout- Split System Air-Conditioning- Built in microwave- Overhead storage- Stainless steel appliances- Dishwasher- Loads of Storage Space- Instantaneous Gas Hot Water System- Low Maintenance- Large fenced front courtyardCall Joss today for further information on this property!PROPERTY INFORMATIONCouncil rates: $1,717.33 per annumWater rates: $925.83 per annum Block size: 309 sqmZoning: R15/25Build year: 1980DISCLAIMER: Whilst every care has been taken with the preparation of the particulars contained in the information supplied, believed to be correct, neither the Agent or the client, guarantee their accuracy. Interested persons are advised to make their own enquiries and satisfy themselves in all respects. The particulars contained are not intended to form part of any contract.
The size of Armadale is approximately 8.3 square kilometres. There are 38 parks, covering nearly 8.1% of the total area. The population of Armadale in 2016 was 13619 people. By 2021 the population was 13415 showing a population decline of 1.5% in the area during that time. The predominant age group in Armadale is 20-29 years. Households in Armadale are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Armadale work in a trades occupation.In 2021, 54.30% of the homes in Armadale were owner-occupied compared with 54.80% in 2016.
Armadale has 7,300 properties. Over the last 5 years, Houses in Armadale have seen a 185.84% increase in median value, while Units have seen a 217.93% increase. As at 31 May 2026:
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