27/42 The Crescent, Midland, WA 6056 | Property Value & History | OnTheHouse
OFF MARKET

27/42 The Crescent
Midland WA 6056

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
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Property Details for 27/42 The Crescent, Midland

27/42 The Crescent, Midland is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2008. While the property is not currently for sale or for rent, it was last sold in July 2024.

Building Type
Unit
Year Built
2008
Local Government
Swan
Lot/Plan
27/S053633

Last Listing description (August 2024)

Spacious and Elevated Two Bedroom Unit with Great Balcony in Central Location!

Welcome home to this two bedroom, one-bathroom unit located in central Midland, offering a great lifestyle opportunity and the ability to be walking distance to all you need - shops, restaurants and bars, and public transport all nearby! Currently owner occupied, this property presents a great entry to the property market, in a popular location. With desirable features throughout including air conditioning, modern style kitchen, and plenty of storage, there is so much to love about this home! The complex itself also enjoys a lovely private rooftop courtyard just for residents, on the top floor, with excellent views of the surrounds. Owner occupied and ready for immediate enjoyment or leasing by the new owner, don't miss out here!

Property Highlights:
- Two-bedroom, one-bathroom unit built in 2008

- Approximately 97 square meters total size
- Internal floor space of 68 square metres
- Great balcony with views over nearby park areas.
- Located in secure complex
- Centrally located in the Midland Junction
- Mirrored built in robes to the bedrooms
- Dishwasher and gas cooking
- Separate storage room next to the unit
- Lift access to the complex
- Private rooftop courtyard for building residents on top floor
- Secure allocated parking bay
- Study nook to the living area

Investor Summary:
- This property is currently owner occupied
- Market rent for 27/42 The Crescent is $500 per week
- Based on a purchase price of $385,000 and market rent, the estimated rental yield for this property is 6.77%
- Strata rates for this property are approximately $791.90 per quarter
- HouseSmart Real Estate is highly active in Midland and the surrounding areas, and can provide high-quality property management services from settlement and beyond!

To the outside of this property, you will first notice the well-built complex that surrounds this unit, and as you drive up to the property, the amazing location that this unit finds itself in. There is plenty of parking to the street and nearby shopping centre, and to the complex itself, you will find a secure parking area which has an allocated bay for the unit - as well as visitor's parking. On the opposite side of the complex, you have the Midland Junction centre, which has a large green open space, perfect for sitting and enjoying the sunshine. Walking across, you can reach the surrounding cafe's, restaurants and bars which you are sure to explore once living here.

Coming up to the unit, there is an internal lift which takes you up, saving you the stairs! Next door, you will find the storage room, which provides all the room you need! To the interior of the home there is plenty of storage abound with lots of cabinetry to the kitchen, and mirrored built in robes to both bedrooms.

If you are living by yourself you will enjoy the space that two bedrooms has to offer you, whether using the second bedroom as a guest room or study - and if you are utilising both bedrooms, you will find both to be quite comfortable and spacious with the built-in robes meaning your floor space doesn't need to be used as a storage area.

The main living space is a welcoming space and is kept comfortable with large windows, a split cycle air conditioning unit and carpet flooring. This living room is a sizeable area, with room for all the furniture you need. It has an open layout to the kitchen, but the kitchen is not protruding into the area, instead being tucked in to a side area, with an open design looking out to the living area meaning that you can flow in and out of both areas quite easily.

Designed with a modern look, this kitchen is complete with a long side bench, under-bench cupboards and drawers, overhead cabinetry and side shelving, a built-in rangehood, oven and gas hotplates, built in dishwasher, and a large sink. From serving up your first home-cooked meal to dishing your favourite dinner, this kitchen has room for it all!

At the end of the main living space is a large glass sliding door which opens up to your private balcony! This full width sliding door also does a great job at providing natural light to the interior of the home, as well as a nice view to look out on when relaxing in the home. Stepping out from the living area, you will come to the balcony, which is the perfect spot to sit back and relax under the sunshine, or put a few potplants to style up your home.

To the surrounding area, you will find Midland Gate Shopping Centre, under approx. 200 metres walk, which serves all your needs with Woolworths, Coles, Big W, Kmart, Target, and many speciality stores. As for transport, there is a bus route along The Crescent, and Midland Train Station (with a new train station on the way!) under approx. 10 minutes walk. Juniper Gardens is the green space/oval next door to the complex, and also within walking distance you have Weeip Park, which is perfect for kids and pets to play. As for schools, Helena River Steiner School is less than a kilometre, and Woodbridge Primary School less than approx. 5 mins drive.

Will this be your new home, prized investment property or dream first apartment? Whatever you are looking for, the choice presented here provides you with all you need to make that dream a reality!

Property History for 27/42 The Crescent, Midland, WA 6056

A timeline of how this property has performed in the market
Last Sold
$395,000
21 Jul 2024
  • 07 Aug 2024
    Sold for $395,000
  • 16 Jul 2024
    Listed for Sale From $385,000
  • 22 Apr 2023
    Listed for Sale Under offer
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About Midland 6056

The size of Midland is approximately 4.4 square kilometres. It has 8 parks covering nearly 6.8% of total area. The population of Midland in 2016 was 5972 people. By 2021 the population was 6335 showing a population growth of 6.1% in the area during that time. The predominant age group in Midland is 20-29 years. Households in Midland are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Midland work in a community and personal service occupation.In 2021, 34.60% of the homes in Midland were owner-occupied compared with 37.70% in 2016.

Midland has 4,830 properties. Over the last 5 years, Houses in Midland have seen a 107.28% increase in median value, while Units have seen a 105.65% increase. As at 30 November 2025:

  • The median value for Houses in Midland is $716,881 while the median value for Units is $489,105.
  • Houses have a median rent of $600 while Units have a median rent of $560.
There are currently 35 properties listed for sale, and 10 properties listed for rent in Midland on OnTheHouse. According to Cotality's data, 337 properties were sold in the past 12 months in Midland.

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.