377 Warwick Road Greenwood WA 6024

4 / 1 / 4 / 705 m2

Here you can find what you need to know about 377 Warwick Road , including how much it's approximately worth, a history of what it has previously sold for and even the estimated weekly rent. You can also view comparable house and unit for sale and sold prices, information about Greenwood, WA and much more.

Property photo of 377 Warwick Road Greenwood WA 6024
Property photo of 377 Warwick Road Greenwood WA 6024
Property photo of 377 Warwick Road Greenwood WA 6024
Property photo of 377 Warwick Road Greenwood WA 6024
Property photo of 377 Warwick Road Greenwood WA 6024
Property photo of 377 Warwick Road Greenwood WA 6024
Property photo of 377 Warwick Road Greenwood WA 6024
Property photo of 377 Warwick Road Greenwood WA 6024
Property photo of 377 Warwick Road Greenwood WA 6024
Property photo of 377 Warwick Road Greenwood WA 6024
Property photo of 377 Warwick Road Greenwood WA 6024
Property photo of 377 Warwick Road Greenwood WA 6024
Property photo of 377 Warwick Road Greenwood WA 6024
Property photo of 377 Warwick Road Greenwood WA 6024
Property photo of 377 Warwick Road Greenwood WA 6024
Property photo of 377 Warwick Road Greenwood WA 6024
Property photo of 377 Warwick Road Greenwood WA 6024
Property photo of 377 Warwick Road Greenwood WA 6024
Property photo of 377 Warwick Road Greenwood WA 6024
Property photo of 377 Warwick Road Greenwood WA 6024
Property photo of 377 Warwick Road Greenwood WA 6024
Property photo of 377 Warwick Road Greenwood WA 6024
Property photo of 377 Warwick Road Greenwood WA 6024
Property photo of 377 Warwick Road Greenwood WA 6024
Property photo of 377 Warwick Road Greenwood WA 6024
Property photo of 377 Warwick Road Greenwood WA 6024
Property photo of 377 Warwick Road Greenwood WA 6024
Property photo of 377 Warwick Road Greenwood WA 6024
Property photo of 377 Warwick Road Greenwood WA 6024
Property photo of 377 Warwick Road Greenwood WA 6024
Property photo of 377 Warwick Road Greenwood WA 6024
Property photo of 377 Warwick Road Greenwood WA 6024
Property photo of 377 Warwick Road Greenwood WA 6024
Property photo of 377 Warwick Road Greenwood WA 6024
Property photo of 377 Warwick Road Greenwood WA 6024
Property photo of 377 Warwick Road Greenwood WA 6024
Property photo of 377 Warwick Road Greenwood WA 6024
Property photo of 377 Warwick Road Greenwood WA 6024
Property photo of 377 Warwick Road Greenwood WA 6024
Property photo of 377 Warwick Road Greenwood WA 6024

Property Insights

377 Warwick Road Estimated Value

$441,000 - $508,000

About Estimated Values

An automated valuation model estimate (AVM Estimate) is a statistically derived estimate of the sale or rental value (as the context requires) of the subject property. An AVM Estimate is generated (i) by a computer driven mathematical model in reliance on available data; (ii) without the physical inspection of the subject property; (iii) without taking into account market conditions which may, together or separately, affect the value.

An AVM Estimate is current only at the date of publication or supply and must not be relied upon as a professional valuation or an accurate representation of the market sale or rental value of the subject property.

CoreLogic does not warrant the accuracy, currency or completeness of the AVM Estimate and to the full extent permitted by law, CoreLogic excludes all liability for any loss or damage howsoever arising in connection with an AVM Estimate.
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Last sold for $380,000 on 08/01/2009

Sale Type: Unknown

Mortgage
Repayment
$369 pw
This calculation is an estimate of weekly mortgage repayments using the estimated property value and a 20% deposit over a 30 year term. The interest rate applied is the average of the big 4 bank's Standard Variable Rates. This tool is only a guide of what your weekly mortgage repayments might be and does not take into account your personal circumstances such as your borrowing power, the lender's home loan product features, the term of any mortgage and does not include all applicable fees and charges that might be applied if you purchase a property. Your actual weekly mortgage repayments may be different. Before acting on this calculation you should seek professional advice.
Estimated
Rent
High confidence
Gross
Cashflow
Estimated
Gross Yield
High confidence
Natural Hazard Risk
Example Only
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Pros & Cons

Things to like
  • Above market cashflow potential
  • Cheaper than comparable properties
  • Low risk of losing value
Things to look out for
  • Slower growth than market average

Investment Strategy Scores

See how this property rates against different investment strategies. Learn more

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How we calculate the property Cashflow Score

Each property is given a score out of 100 based on one factor relating to the specific property and one factor relating to the suburb in which the property is located in. Each factor has a specific weighting.

A higher score indicates the property has higher than average estimated gross yield and is located in a suburb with similarly high yielding properties.

This property National
Estimated
Gross Yield
Manly, NSW National
Median
Gross Yield

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.
How we calculate the property Capital Growth Score

Each property is given a score out of 100 based on one factor relating to the specific property and three factors relating to the suburb in which the property is located in. Each factor has a specific weighting.

A higher score indicates the property has recently experienced significant capital growth and the short term outlook for further growth is likely to be good given strong market health indicators.

This property National
Change in Property
Value (1 yr)
Manly, NSW National
Change in Median
Price (1 yr)
Average Days
on Market
Average Vendor
Discounting

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.
How we calculate the property Lower Risk Score

Each property is given a score out of 100 based on two factors relating to the specific property and three factors relating to the suburb in which the property is located in. Each factor has a specific weighting.

A higher score indicates the property has increased in value over a longer period so is less likely to only be due to recent market forces. It is also likely to command higher rent than average and therefore attract higher income tenants. Furthermore, it is likely to be easier to sell in the future due to strong market health indicators in the suburb it is located in.

This property National
Change in Property
Value (5 yr)
Estimated weekly
rent
Manly, NSW National
Average Days
on Market
Change in Median
Price (5 yr)
Average Vendor
Discounting

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.

About this Property

Details

Bedrooms 4
Bathrooms 1
Car Spaces 4
Land Size 705 m2
Floor Area -
House Type House: Standard
Council Area Joondalup
Year Built 1974
Zone R20 - Low Density Res
Lot/Plan 135/P009963 Greenwood WA
Property Type House

Last listing description (June 2020)

BABYBOOMER SUBURB-TRIPLEX SITE
First time offered and a seriously wonderful development opportunity.

Just scraping into the new current housing opportunity within Greenwood Village is this level, corner, R20/40 block offering TWO street frontages and only 18kms to the CBD either for a discerning local or overseas developer. Maybe for a family wanting a large site for a dream home.

With this being an identified "baby boomer" suburb full of homes 40 years +, there is a need for smaller homes like a triplex development in order to allow these residents to stay within the areas that they know and love. Maybe it is you?

Our close professional dealings with the BGC Residential Group allow for us offer you options for building plan options too with Strata Wise already having designs. Or bring your own designs - How hard can it be? We work closely within the house and land market so we can offer you sound advice/timelines etc. The owner wishes to stay on until site and design plans have been approved so we could incorporate this into part of the deal if required.

This property has the dimensions of 14.18m West (Allenswood) 31.18m Northern rear, 24.24m East, 21.12m South(Warwick Road) and a truncation of 14.22 between Allenswood /Warwick Roads and falls into the R20/40 zoning. This makes a potentially up to a three dwelling site, subject to council/WAPC approval.

As the building is in poor condition, the next logical step is to redevelop and make alternative and better use of this parcel.

An amazing location with Warwick Grove Shops within minutes on foot, Greenwood Village local shops a mere stroll away as well as the massive Kingsway Shopping Centre, Leisure Centre and Warwick Stadium. Several available bus routes are on Warwick Road, Greenwood Train station a couple of minutes by car, 1 minute access to main roads such as Wanneroo (by car), Marmion Ave, Hepburn Ave and Mitchell Freeway.

The wonderful coastline is also less than 10 minutes away by car what a lifestyle this is.!
Infill development has taken off like a bullet so do the maths, the development and youll have a wide net of buyers including retirees who wish to downsize and stay in the area, first home buyers who do not want to live too far away from infrastructure plus everything in between due to the proximity of local schools and local employers.

The owner cannot upkeep this home and would prefer a low key deal so we are offering this to seek interested parties before a large marketing campaign commences.

Feasibility studies and information memorandum documents are already prepared and are available upon request.

With smaller properties selling in the low to mid $400's in neighbouring suburbs (such as Warwick, Kingsley, Hamersely and Padbury) and local residents wishing for a more manageable home on low maintenance blocks whilst wanting to remain here, this is such a good opportunity for the right person/family/syndicate.

Call Annie for a private chat on possible conditions of sale - including owner rent back) or Murray for residential plans and building advice.

Property Timeline

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State Auction Clearance Rates - July 2020

Auctions Clearance rate
WA 10 30%
ACT 38 82%
NSW 442 65%
NT 3 33%
QLD 92 34%
SA 25 72%
TAS 1 0%
VIC 362 64%

Suburb Insights

Greenwood, WA 6024

No data available Part of: Joondalup Council

Get neighbourhood info and insights with our Suburb Profile

View Greenwood Suburb Profile View properties in Greenwood

Occupancy


Demographic data provided
by Australian Bureau of Statistics


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Here you can find everything you need to know about 377 Warwick Road, including the property sale history and estimated market value as well as insights into Warwick Road and Greenwood 377 Warwick Road Greenwood WA 6024