408/150 Great Eastern HighwayAscot WA 6104
Property Details for 408/150 Great Eastern Hwy, Ascot
408/150 Great Eastern Hwy, Ascot is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2003. The property has a land size of 76m2 and floor size of 52m2. While the property is not currently for sale or for rent, it was last sold in May 2013.
Last Listing description (February 2019)
This one bedroom self contained serviced apartment is located in the Ascot Quays complex with sweeping views across the Swan River and city skyline. The complex has fantastic well kept facilities with resort style pool and gym. Situated halfway between Perth Airport and Perth City it can be used for short term family stays or business accommodation.
Currently privately run as an Airbnb with outstanding rental return on average over the past 3 years around $25,000 a year - which is over 10 percent return on your investment. In the current business and investment climate, this is practically unheard of. Perfectly suited to be run privately or under management.
Given the location and price this apartment will be a sound investment for your capital while you reap the returns.
Property History for 408/150 Great Eastern Hwy, Ascot, WA 6104
- 12 Sep 2017Listed for Sale Offers from $220,000
- 24 May 2013Sold for $252,000
- 01 Sep 2006Sold for $300,000
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0About Ascot 6104
The size of Ascot is approximately 3.6 square kilometres. There are 12 parks, covering nearly 44.2% of the total area. The population of Ascot in 2016 was 2572 people. By 2021 the population was 3095 showing a population growth of 20.3% in the area during that time. The predominant age group in Ascot is 50-59 years. Households in Ascot are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Ascot work in a professional occupation.In 2021, 66.90% of the homes in Ascot were owner-occupied compared with 70.00% in 2016.
Ascot has 1,797 properties. Over the last 5 years, Houses in Ascot have seen a 73.83% increase in median value, while Units have seen a 115.15% increase. As at 30 June 2026:
- The median value for Houses in Ascot is $1,268,239 while the median value for Units is $756,876.
- Houses have a median rent of $835 while Units have a median rent of $750.
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