Western Australia

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
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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