19B Cowan WayMerredin WA 6415
Property Details for 19b Cowan Way, Merredin
19b Cowan Way, Merredin is a 2 bedroom, 1 bathroom House with 2 parking spaces and was built in 2008. The property has a land size of 334m2 and floor size of 107m2. While the property is not currently for sale or for rent, it was last sold in December 2024.
Last Listing description (January 2025)
Discover this outstanding investment opportunity featuring a solid brick build designed for modern living. This 2-bedroom, 1-bathroom property boasts an open-plan layout filled with natural light, creating a warm and inviting atmosphere.
Key Features:
- Open-Plan Living: The spacious layout seamlessly connects the living, dining, and kitchen areas, perfect for entertaining or enjoying quality family time. Large windows flood the space with sunlight, enhancing the welcoming ambiance.
- 1 Bathroom: A modern, functional bathroom, with double vanity that caters to all your needs, providing comfort and convenience.
- Private Courtyard: Enjoy a beautifully maintained courtyard that offers a serene outdoor space for relaxation or entertaining. It's perfect for gardening, alfresco dining, or simply unwinding in the fresh air.
- Long-Term Government Lease: This property is leased to the government on a long-term lease, ensuring stable and reliable income for years to come. A fantastic option for investors looking for peace of mind.
- Great Location: Situated in a sought-after area, you'll benefit from easy access to local amenities, schools, parks, and public transport, making it a desirable choice for tenants.
Investment Potential: This property offers an exceptional return on investment, thanks to its solid construction, prime location, and the security of a long-term government lease. It's the perfect addition to your investment portfolio, promising steady cash flow and minimal vacancy risks. Strata Fees: $252 Admin per quarter plus $15 reserve per quarter.
Don't miss out on this rare opportunity to invest in a quality property that checks all the boxes.
Contact Steve Gregory on 0429874874 today to learn more and schedule a viewing!
Property History for 19b Cowan Way, Merredin, WA 6415
- 24 Dec 2024Listed for Sale $350,000
- 24 Dec 2024Sold for $315,000
- 01 Feb 2007Sold for $250,000
Recent sales nearby
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About Merredin 6415
The size of Merredin is approximately 249.9 square kilometres. There are 17 parks, covering nearly 7.8% of the total area. The population of Merredin in 2016 was 2850 people. By 2021 the population was 2604 showing a population decline of 8.6% in the area during that time. The predominant age group in Merredin is 50-59 years. Households in Merredin are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Merredin work in a trades occupation.In 2021, 62.90% of the homes in Merredin were owner-occupied compared with 60.90% in 2016.
Merredin has 1,948 properties. Over the last 5 years, Houses in Merredin have seen a 131.14% increase in median value, while Units have seen a -32.07% decrease. As at 30 June 2026:
- The median value for Houses in Merredin is $300,320 while the median value for Units is $366,804.
- Houses have a median rent of $425.
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