Current Market Valuation
Estimated market value: $1,298,000
Notes: Estimated value as of April 2024. Property value increased by 9.3% in the last month and 88.7% since it last sold in 2016 (based on a similar property at 25 Minerva Way).
Purchase History
March 2, 2006 - $450,000
February 28, 1991 - $133,000
Property Details
Type:
House
Bedrooms:
4
Bathrooms:
3
Land (sqm):
710
Car/Garage:
2
Estimated weekly rent:
$870 per week
Estimated rental income is based on a similar property at 24 Minerva Way, with a range of $725pw - $1,020pw. The median rent for houses in Carine is $850 per week, with an annual rent growth rate of 10-12.9%. [18, 3, 6, 22, 24]
Rental vacancy rate:
0.19%
Council rate:
Not available
Water rate:
Not available
Strata fee:
N/A (House)
Home and content insurance price:
Not available
Zoning Information
LGA:
City of Stirling
Zoning:
Residential (predominantly R20)
Bushfire:
Not detected
Flood:
Not detected
Heritage:
Not detected
Potential Developments in the Area
State Government:
The City of Stirling is expected to see significant densification, particularly in the southern area, due to redevelopment of lower density housing into smaller units and apartments close to transport routes and commercial centres.
Redevelopment of redundant industrial land in the Osborne Park Industrial area.
Local Government:
The Clubrooms at Carine, supporting the Carine Cats Ball Club, have recently been completed.
The City of Stirling is considering new and upgraded infrastructure such as a new regional playground upgrade at Carine Regional Open Space and a future Skate Park upgrade.
The City of Stirling is proposing a new local law regulating shopping trolleys.
The City of Stirling is working on a consistent approach to Short-Term Rental Accommodation (STRA) development through scheme amendments.
Location 26 Minerva Way, Carine WA 6020, Australia
What's Nearby
Education
Health & Medical
Transportation
Warwick Train Station - Train
Bus services to Warwick Train Station & Bus Port - Bus
Close access to Reid Highway and Mitchell Freeway - Road network
Suburb Performance
Median Price History
Carine is considered the heart of suburbia, with a large proportion of double-storied houses, and is described as a green, safe, and family-friendly neighbourhood.
Last 12 months | $1,350,000
12-Month Growth Insight
Median listing price for houses has changed 19.57% over the past year.
Annual compound growth rate of 13.2% for houses.
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