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17/579 Hannan Street, Somerville$360,000
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17/579 Hannan Street

Somerville, WA 6430, Australia
$360,000
2 bed 1 bath155 m²

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About this property

Positioned in a convenient Somerville location, this solid brick and iron unit presents an excellent opportunity for investors seeking a low-maintenance property with immediate rental income. Currently leased at $2,520.24 per month until June 2026, the property offers a steady return while featuring many of the practical elements tenants look for. Property Features Brick & iron construction durable and low maintenance Evaporative air conditioning plus split systems for year-round comfort Combined bathroom & laundry for practical use of space Generous rear yard larger than many comparable units Dedicated parking space included Well-suited to the strong local rental market Outgoings Council rates: $2,269.86 pa Water rates: $290 pa (approx.) Strata fees: $708.65 per quarter With its solid construction, desirable tenant features, and secure lease already in place, this property represents a set-and-forget investment opportunity in a consistently strong rental market. Get in touch with Fayth on 0427 737 206 to find out more!

Property Details

Property Type
apartment
Listing Type
Sold
Bedrooms
2
Bathrooms
1
Land Area
155 m²
Listed
3 months ago

Repayment calculator

$1,745/month
$873 /fortnight
Loan $288,000 at 6.10% over 30 years

Upfront costs

Deposit$72,000
Stamp duty$11,115
Conveyancing (est.)$2,000
Total upfront$85,115
Verify with WA revenue office →
Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

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Neighbourhood

Living in Somerville

This 2-bedroom apartment in Somerville, WA 6430 sits within reach of public transport, local shops and nearby schools. It is listed 29% below the $505,000 median of 59 comparable apartmentswithin 5 km.

Schools near Somerville

  • Goldfields Baptist Collegecombined · PP-11 · CoEd

What's nearby

  • Unnamed (bus)2.2 km away
  • O'Connor Fresh IGA1.4 km away
  • Centennial Park603 m away
  • Rotary Peace Park625 m away
  • Hefron Park674 m away

Somerville at a glance

Full suburb profile
Population
4,165
Median age
33
Household income
$2,996/wk
Median rent
$330/wk
Median mortgage
$2,123/mo

Source: ABS Census.

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Suburb market

Suburb price trend

Somerville price trend

Median sold · Unit 2 bed

Compound growth +6.1% / yr over 4 yrs

$340kcurrent median

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