Property Details for 28/16 Grey St, Cannington
28/16 Grey St, Cannington is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2016. While the property is not currently for sale or for rent, it was last sold in October 2023.
Last Listing description (March 2025)
RUN THE NUMBERS!
Unlock your next investment opportunity with this spacious 2-bedroom, 2-bathroom apartment in a prime location! With a strong rental yield and low-maintenance upkeep, it is an ideal choice for savvy investors looking to start or expand their portfolio.
This property offers a modern open plan layout which is perfectly designed to maximise functionality of the space. Upon entry, you're welcomed into the kitchen/dining area leading seamlessly to the living area and onto the private, enclosed balcony.
The master suite with ensuite and walk-in robe are located at the rear of the apartment with the euro-style laundry and main bathroom at the centre, and second bedroom at the front ? all ideally positioned off the main open plan area.
The property's convenient position close to Westfield Carousel shopping centre as well as public transport including the Cannington Train Station and multiple bus routes ensures that you have easy access to everything you need. You can also jump onto major highways for easy drives to Perth CBD, Perth Airport and Curtin University making the location attractive to professionals, students, FIFO workers, and more.
Location is everything ? and this property has it all!
FEATURES:
- Secure complex of 71 apartments
- Built in 2016
- Large open plan kitchen/dining/living area with split system air conditioning
- Modern kitchen with ample bench space and plenty of storage
- Master bedroom with ensuite and walk-in robe
- Generously sized second bedroom with built-in robe
- Second bathroom off main living
- European style laundry within apartment ? perfect for maximising space
- Private, enclosed balcony
- Single assigned car bay within secure car park accessed by remote gate
- Storeroom
- 97sqm total block size (69sqm internal + 11sqm balcony + 13sqm car park + 4sqm storeroom)
*** Property is currently tenanted at $600 per week until July 2025. ***
Strata Fees: Approx. $367.16 p/q ($349.74 admin fund + $17.42 reserve fund)
Council Rates: Approx. $1781.27 p/a
Water Rates: Approx. $1082.40 p/a
Property History for 28/16 Grey St, Cannington, WA 6107
- 11 Mar 2025Sold - Price Undisclosed
- 12 Feb 2025Listed for Sale UNDER OFFER
- 12 Nov 2016Listed for Sale Not Disclosed
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About Cannington 6107
The size of Cannington is approximately 4.1 square kilometres. It has 21 parks covering nearly 23.2% of total area. The population of Cannington in 2016 was 5929 people. By 2021 the population was 6875 showing a population growth of 16.0% in the area during that time. The predominant age group in Cannington is 20-29 years. Households in Cannington are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Cannington work in a professional occupation.In 2021, 39.90% of the homes in Cannington were owner-occupied compared with 44.80% in 2016.
Cannington has 4,284 properties. Over the last 5 years, Houses in Cannington have seen a 112.02% increase in median value, while Units have seen a 106.67% increase. As at 31 March 2026:
- The median value for Houses in Cannington is $893,205 while the median value for Units is $634,764.
- Houses have a median rent of $750 while Units have a median rent of $650.
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