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12/29 Central Avenue, Maylands WA 6051

Sold price: $477,000 Sold: 06 Mar 2025
Sold
  • 2 Bedrooms
  • 1 Bathroom
  • 1 Car
  • Landsize 75m2
Unit
12/29 Central Avenue, Maylands WA 6051

LONG TERM INVESTMENT OPPORTUNITY IN PRIME LOCATION

Nestled in the heart of Maylands, this cosy yet spacious unit presents an exceptional investment opportunity. With long-term tenants already in place, this property offers immediate rental returns in a highly sought-after location. Just minutes from the city and surrounded by vibrant cafes, shops, and public transport options, it delivers the perfect balance of convenience and lifestyle appeal.

Inside, the well-designed layout features two generously sized bedrooms, a built-in robe, and a spacious dining and lounge area equipped with split-system air conditioning for year-round comfort. A separate toilet and bathroom, dedicated laundry, and a private balcony further enhance its practicality and charm. With parking available via the rear entrance, this low-maintenance property ticks all the boxes for investors looking for strong rental appeal in a thriving suburb.

Seize this opportunity to add a high-performing asset to your portfolio-secure, tenanted, and positioned for long-term growth.

Call Paul or Phoebe to arrange a viewing.

Council $1,747.40 per annum
Water $991.91 per annum
Strata $857.00 per quarter

Property features

  • Carports 1

Property snapshot by reiwa.com

This property at 12/29 Central Avenue, Maylands is a two bedroom, one bathroom unit sold by Paul Owen and Phoebe Laws at Beaucott Property Group on 06 Mar 2025.

Looking to buy a similar property in the area? View other two bedroom properties for sale in Maylands or see other recently sold properties in Maylands.

Cost breakdown

  • Council rates: $1,747 / year
  • Water rates: $991 / year
  • Strata fees: $857 / quarter

Nearby schools

1.2km
1.6km
Perth College
  • Combined
  • Non-government
1.7km
Disclaimer

Maylands overview

Maylands is a riverside inner-city suburb approximately 4.5 kilometres northeast of Perth, serviced by the Midland railway line on the northern bank of the Swan River. In 1896 the name "Maylands" was first used to identify the area, appearing on a poster advertising a land auction. However the exact reason how the area got its name is something of a mystery. 

The suburb was once a source of clay for brick and tile making at Maylands Brickworks, and the pits from these activities are now part of a golf course and residential area. It was home to Perth's main airport until the early 1960s, and the facilities were converted to a training area for the Western Australian Police Service.

Life in Maylands

Maylands is known as a cultural and creative hub as it is home to The West Australian Ballet Centre and home to the WA Youth Jazz Orchestra. In recent years, new bars, cafés and restaurants, along with gourmet food and retail outlets have all contributed to an ongoing transformation of the town centre into a lively, diverse and inclusive destination. There are numerous shopping centres in the area, 15 parks and reserves and two primary schools. 

Maylands quick stats

High end $1.4m
Median $1.0m
Low end $850k
20.2%
Annual growth
$1.0m
Annual median sales price
$725pw
Annual median rental price

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FAQ's

The average number of selling days in Maylands is 12 days.

The median house price in Maylands is $1,045,000, the median unit price is $550,000.

12/29 Central Avenue, Maylands is a 2 bedroom, 1 bathroom unit.
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