2/40 Third Avenue, Mount Lawley, WA 6050 | Property Value & History | OnTheHouse
OFF MARKET

2/40 Third Avenue
Mount Lawley WA 6050

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 116m2
Land area: 248m2
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Property Details for 2/40 Third Ave, Mount Lawley

2/40 Third Ave, Mount Lawley is a 3 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1988. The property has a land size of 248m2 and floor size of 116m2. While the property is not currently for sale or for rent, it was last sold in October 2020.

Building Type
Unit
Year Built
1988
Floor Size
116m2
Land Size
248m2
Local Government
Stirling
Lot/Plan
2/S016399

Last Listing description (October 2021)

This exceptionally large three-bedroom home boasts an incredible 108sqm of internal living and is surrounded by 125sqm of your own private gardens.

Located in the leafy Avenue's and just a hop, skip and jump to Beaufort Street making it an affordable way to enter into this premium suburb to take advantage of the first-class lifestyle, convenience and of course the school catchment areas!

Flooded with natural light and boasting expansive proportions throughout with two massive courtyards, it is in a very liveable condition as it is whilst offering an opportunity for the next owner to do future cosmetic upgrades in time.

The floor plan offers fantastic separation between living/sleeping areas and features a spacious living room with glass sliding door opening up outside. The open plan kitchen/dining area overlooks the second courtyard. Three excellent sized bedrooms have built-in wardrobes and share a family bathroom (the master is a semi-ensuite). There is a separate laundry and second W/C which could be a potential future second bathroom option.

Positioned just 300m from Beaufort Street where you will find bus stops and an endless list of cafes, restaurants, bars & shops waiting for you at the end of the street. Third Avenue Doctors Surgery and Pharmacy as well as Mount Lawley Primary & High are also an easy walk. A convenient and enviable lifestyle is certainly assured!

The proportions and layout will not disappoint. Inspection is a must!

Summary of features:

- 108sqm of internal living + 125sqm of gardens + carport & storeroom
- TWO very large courtyards
- Undercover carport & store room
- A/C to master bedroom & living area
- Spacious living room with sliding glass doors opening onto courtyard
- Open plan kitchen/dining overlooking second courtyard
- King-sized master with built in wardrobes & two further double/queen sized bedrooms
- Family bathroom
- Separate laundry & second W/C (a future second bathroom option?)
- Entry hall
- Mount Lawley Primary & High school catchment
- 300m to bus stops & 1km to Mount Lawley train station
- 300m to Third Avenue Doctors Surgery Pharmacy, gyms, cafes, shops, restaurants & bars
- 3.5km to Perth CBD

Currently tenanted at $330 per week on a periodical lease meaning you can continue it as an investment or it can be vacant at settlement if an owner-occupier.

Property History for 2/40 Third Ave, Mount Lawley, WA 6050

A timeline of how this property has performed in the market
Last Sold
$510,000
27 Oct 2020
Listed for Rent
$330/w
08 Jan 2019
  • 27 Oct 2020
    Sold for $510,000
  • 14 Jul 2020
    Listed for Sale UNDER OFFER
  • 18 Apr 2018
    Listed for Sale Fr $596,000
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About Mount Lawley 6050

The size of Mount Lawley is approximately 4.3 square kilometres. It has 14 parks covering nearly 9.3% of total area. The population of Mount Lawley in 2016 was 11125 people. By 2021 the population was 11328 showing a population growth of 1.8% in the area during that time. The predominant age group in Mount Lawley is 30-39 years. Households in Mount Lawley are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Mount Lawley work in a professional occupation.In 2021, 61.10% of the homes in Mount Lawley were owner-occupied compared with 61.10% in 2016.

Mount Lawley has 6,338 properties. Over the last 5 years, Houses in Mount Lawley have seen a 86.97% increase in median value, while Units have seen a 88.89% increase. As at 31 December 2025:

  • The median value for Houses in Mount Lawley is $1,957,591 while the median value for Units is $651,315.
  • Houses have a median rent of $950 while Units have a median rent of $600.
There are currently 35 properties listed for sale, and 10 properties listed for rent in Mount lawley on OnTheHouse. According to Cotality's data, 310 properties were sold in the past 12 months in Mount lawley.

Suburb Insights for Mount Lawley 6050

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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.