5/394 Hay StreetSomerville WA 6430
Property Details for 5/394 Hay St, Somerville
5/394 Hay St, Somerville is a 2 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2014. The property has a land size of 185m2 and floor size of 83m2. While the property is not currently for sale or for rent, it was last sold in September 2022.
Last Listing description (October 2022)
Perfect investor stock, if you are looking for a buy and earn type of property, read on.This modern unit built in 2014 is already leased with a long-term rental arrangement. The location is ideal as it is only 5 minutes drive to the CBD and close to sporting grounds and Ampol Service Station and Convenience Store. All you need to do is buy and start earning.- 2 Bedrooms with double built in robes- 2 Bathrooms (both ensuite)- Well equipped kitchen overlooking the meals & living area- Ducted air-conditioning- Natural gas- Low maintenance courtyard- Entertaining patio- Double car port- Secure complex with remote gatesThe important investors numbers:- Currently rented at $420.00 per week until January 2025- $21,900 per year rent- Regular annual rent reviews - Further 12 months option for lease to January 2026- Strata fees $292.86 per quarter which includes $25.00 into the reserve fund- Council rates $2,002.34pa- Water rates $260.00paIf you would like to start the ball rolling to purchase this investment option, contact Iris Haynes or Kayla Neve today.
Property History for 5/394 Hay St, Somerville, WA 6430
- 01 Sep 2022Sold for $297,000
- 18 Jul 2022Listed for Sale $309,000
- 05 Jul 2015Sold for $305,000
Recent sales nearby
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0About Somerville 6430
The size of Somerville is approximately 4.7 square kilometres. It has 10 parks covering nearly 15.0% of total area. The population of Somerville in 2016 was 4156 people. By 2021 the population was 4165 showing a population growth of 0.2% in the area during that time. The predominant age group in Somerville is 0-9 years. Households in Somerville are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Somerville work in a trades occupation.In 2021, 59.50% of the homes in Somerville were owner-occupied compared with 59.00% in 2016.
Somerville has 1,830 properties. Over the last 5 years, Houses in Somerville have seen a 36.69% increase in median value, while Units have seen a 73.75% increase. As at 31 December 2025:
- The median value for Houses in Somerville is $645,996 while the median value for Units is $319,035.
- Houses have a median rent of $810 while Units have a median rent of $600.
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