183a Ravenswood Dr, Westminster is a 3 bedroom, 2 bathroom House with 2 parking spaces and was built in 2006. The property has a land size of 282m2 and floor size of 114m2. While the property is not currently for sale or for rent, it was last sold in June 2014.
Normally a property like this would be selling well into the $600s. If you have been following prices in the area you will know that. And you will understand the serious value on offer here. The 3-bed 2-bath format is so popular with both buyers and renters. Astute investors will see that this property can easily overcome its cosmetic issues. If you're handy with a brush and roller, then here is a huge opportunity to add value.
RETURN ON INVESTMENT 5.4% (approx)
Current rental being achieved is $620 per week. If you can repaint and re-lease, your next tenant could be paying much closer to $650 per week, pushing your ROI even higher.
Features
Double lockup garage with remote door for secure private parking
Ducted reverse cycle airconditioning throughout
Front home with street frontage
No strata meetings, no strata bank account, no strata fees
Big lot size of 282m2 (approx.)
Whether you are an investor looking for a good income-producing property; or looking for a sweet place to call home - it's very likely that you will find something that you like here and can confidently put forward your offer and stake your claim on this property.
The layout of this home includes two living zones, 3 bedrooms all with built-in robes, 2 bathrooms, a big kitchen with an island bench, the double garage, a paved courtyard garden and a lockable brick storeroom off the courtyard. The amount of storage space here is actually pretty good. You've got the external brick storeroom which will handle plenty, but also inside there is a double-door linen cupboard of good proportions.
The front of the property is low-maintenance paving, but could be enhanced with some landscaping and planting to create a very appealing front garden. Full of possibilities, here you can create just the right ambience and with imagination bring this home to life in just the way you want it to be.
Transport options here include bus routes on Ravenswood Drive and easy access to Reid Highway. Primary Schools, Secondary Colleges and North Metropolitan TAFE Vocational School are all nearby offering great choices for education facilities. The suburb of Westminster is becoming more and more popular as people appreciate the level of suburban amenity here as well as it being located only 10 kilometres from Perth CBD (approximately); less than 10 kilometres to some lovely Indian Ocean beaches, and 13 kilometres (approximately) to Perth Airport.
Key info
Lot 1 on the Strata Plan shows a Lot size 282m2 (approx), of which 152m2 is the building and 130m2 is the surrounding land.
Common driveway
Built 2005 approx.
Triplex villa complex with no strata fees.
Your agent is Gary 0427 746 700 - get in touch with Gary as soon as you can as this property may not last at this price.
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The size of Westminster is approximately 2.3 square kilometres. There are 13 parks, covering nearly 7.3% of the total area. The population of Westminster in 2016 was 6203 people. By 2021 the population was 7042 showing a population growth of 13.5% in the area during that time. The predominant age group in Westminster is 30-39 years. Households in Westminster are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Westminster work in a trades occupation.In 2021, 53.40% of the homes in Westminster were owner-occupied compared with 52.80% in 2016.
Westminster has 4,086 properties. Over the last 5 years, Houses in Westminster have seen a 117.46% increase in median value, while Units have seen a 128.31% increase. As at 31 May 2026:
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