5/40 Fourth Avenue E, Maylands, WA 6051 sold on 19 February 2025 | OnTheHouse
 
SOLD
Sold on 19 Feb 2025 for $530,000

5/40 Fourth Avenue E
Maylands WA 6051

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
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Property Details for 5/40 Fourth Ave E, Maylands

5/40 Fourth Ave E, Maylands is a 2 bedroom, 1 bathroom Villa with 1 parking spaces and was built in 1977. While the property is not currently for sale or for rent, it was last sold in February 2025. There are other 2 bedroom Villa sold in Maylands in the last 12 months.

Building Type
Villa
Year Built
1977

Last Listing description (February 2025)

Positioned on the Mt Lawley border in a small group of 8, this 2 bedroom end villa has a huge courtyard and represents excellent value.

Conveniently located just 300 metres from the Beautiful Bardon Park, 500 metres to the Swan River and River cycle path this well priced villa is also within the Mt Lawley high school catchment zone.

Rent potential of $550 - $600 per week.

Features:
• Good size modern kitchen
• Open plan living area with timber flooring
• Spacious master bedroom
• Reverse cycle air-conditioning in living area and master bedroom
• Stylish bathroom
• Separate laundry
• Modern lighting throughout
• Fully secure
• Huge private courtyard with large patio, shed and side gate access
• Carport at doorstep
• Located within the Mt Lawley High school catchment
• Short walk to the Swan River, River cycle path, Bardon Park, Train Station and Whatley Crescent/ Eighth Avenue café strip.
• Built 1977 – 8 in the group

Strata Fees: $500 p/q
Reserve Levy: $210 p/q
Water Rates: Approx. $980 p/a
Council Rates: $1,739.83 p/a

Location:
• Bardon Park – 300m
• Swan River & Cycle path – 500m
• Lyric Lane and the Seasonal Brewing Co – 600m
• Maylands Train Station – 800m
• IGA and Ken's Bakehouse – 900m
• Coles Maylands – 1km
• Maylands Golf course – 1.8km
• Maylands Primary School – 1.9km
• Mount Lawley High School – 3.6km
• Perth CBD – 4.8km
• Perth Airport – 9.1km

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Property History for 5/40 Fourth Ave E, Maylands, WA 6051

A timeline of how this property has performed in the market
Last Sold
$530,000
19 Feb 2025
  • 19 Feb 2025
    Sold for $530,000
  • 12 Feb 2025
    Listed for Sale Under contract
  • 03 Nov 2020
    Sold for $276,000
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About Maylands 6051

The size of Maylands is approximately 5.0 square kilometres. It has 18 parks covering nearly 30.3% of total area. The population of Maylands in 2016 was 12577 people. By 2021 the population was 13199 showing a population growth of 5.0% in the area during that time. The predominant age group in Maylands is 30-39 years. Households in Maylands are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Maylands work in a professional occupation.In 2021, 48.70% of the homes in Maylands were owner-occupied compared with 47.90% in 2016.

Maylands has 8,452 properties. Over the last 5 years, Houses in Maylands have seen a 74.85% increase in median value, while Units have seen a 98.08% increase. As at 30 November 2025:

  • The median value for Houses in Maylands is $1,180,106 while the median value for Units is $601,087.
  • Houses have a median rent of $750 while Units have a median rent of $563.
There are currently 35 properties listed for sale, and 11 properties listed for rent in Maylands on OnTheHouse. According to Cotality's data, 469 properties were sold in the past 12 months in Maylands.

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Brock Robertson
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