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1/86 Victoria Parade, Midvale, WA 6056, 2 Bedrooms, 2 Bathrooms, House

Expressions of Interest!

1/86 Victoria Parade, Midvale, WA 6056

2
2
HouseListed on Tue Dec 24

Midvale 2 Bedroom SPECIALIST DISABILITY ACCOMMODATION!

The development will be known as Midvale and is expected to be completed in January 2026. Midvale is an SDA (Specialist Disability Accommodation ) development of seven separately titled two-bedroom, two-bathroom villas that are now available for purchase off the plan.

With a projected gross return of between 9% & 9.5% over the next 10 years, this lucrative investment is one for the savvy investor.

The Midvale villas have been designed for Specialist Disability Accommodation SDA participants funded for Robust (R), and High Physical Support (HPS). The second bedroom in each villa accommodates on-site overnight assistance (OOA). The design flexibility allows for a mix of category participants at Midvale.

SDA funding is provided to eligible NDIS participants who live in SDA certified homes. The SDA subsidy the NDIS pays varies with each design category and location. The NDIS expects the participant to make a maximum reasonable rent contribution (MRRC), paid from their pension and supplement plus Commonwealth rent assistance. This presently totals $83,183 and $87,639 annually per villa for R and HPS, respectively.

For a full Information Memorandum on "Midvale", contact Richard Lowenhoff or Laura Savage today from Ray White Midland & Hills.

Location

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Estimate

School zones

Name
Distance
Type
Year
Attribute
Gender
Score
Midvale Primary School
0.54 km
Primary
K-6
Government
icsea: 883
Moorditj Noongar Community College
0.96 km
Primary
K-6
Government
icsea: 634
St Brigid's Primary School
1.60 km
Primary
PP-6
Catholic
icsea: 1020
Swan View Senior High School
1.71 km
Secondary
7-12
Government
icsea: 913
St Anthony's School
2.06 km
Primary
PP-6
Catholic
icsea: 1032
La Salle College
2.15 km
Secondary
7-12
Catholic
icsea: 1022
Swan View Primary School
2.30 km
Primary
K-6
Government
icsea: 884
School of Special Educational Needs: Behaviour and Engagement - Midland Learning Academy
2.36 km
Secondary
7-12
Government
-
Greenmount Primary School
2.49 km
Primary
K-6
Government
icsea: 997
Middle Swan Primary School
2.49 km
Primary
K-6
Government
icsea: 912

Property history

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Midvale surrounding data

Sold nearby

Address
Distance
Bed
Bath
Floor area
Sold date
Sold
Data source
77 Victoria Parade, Midvale
0.25 km
3
1
91m2
Year 2024 Month 12 Day 16
$670,000
Council approved
34A Wellaton Street, Midvale
0.27 km
4
1
-m2
Year 2024 Month 09 Day 14
-
Council approved
64c Bushby Street, Midvale
0.20 km
3
1
83m2
Year 2024 Month 07 Day 28
$490,000
Council approved
1/30 Ewart Street, Midvale
0.31 km
3
2
-m2
Year 2024 Month 07 Day 22
$570,000
Council approved
15/30 Victoria Parade, Midvale
0.19 km
2
1
71m2
Year 2024 Month 07 Day 22
$390,000
Council approved

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Ref:3218707Last update:2024-12-24 04:01:53