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Western Australia

Modern single-storey brick home

3 bed, 1 bath, 1 car, 960 m², House, Built 1993

Local area · ABS 2021

Families · 3257 pop · Owners

Purchase price
$550,000
Current value
$620,000
Capital growth
12.73%
Cash on cash
82.35%

Purchased in 2025, this 3 bedroom, 1 bathroom home in WA was secured for $550,000, offering solid entry-level value in one of regional Western Australia's most economically active coastal cities.

Currently achieving $616 per week in rent, the property delivers a gross rental yield of 5.82%, underpinned by strong rental demand and a tight supply market driven by a large and consistent workforce population.

Set on a generous 960m² block in a well-established residential area with access to schools, parks, and local amenities, the property benefits from a diverse regional economy spanning port operations, iron ore and grain exports, commercial fishing, and a growing services sector, supporting a stable and long-term tenant base.

‍Local area snapshot (ABS 2021 Census):

Population: 3,257

Most residents are: Owners

Value growth

July 2025–May 2026

Equity gained

+$70,000

July 2025May 2026$550,000$620,000

Purchase breakdown

Date purchased
July 2025
Date of value
May 2026
Stamp duty
$20,700
Deposit
$66,000
Solicitor cost
$2,000
Pest and build
$700

Returns

Equity gained
+$70,000
Capital growth
12.73%
Cash on cash return
82.35%
Weekly rent
$616
Equity growth
70000%

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