Western Australia

3 bed, 1 bath, 2 car, 686 m², House, Built 1996

Local area · ABS 2021

Families · 1,821 pop · Owners · $1,899 per week

Purchase price: $401,000
Current value: $570,000
Capital growth: 39.65%
Cash on cash: 187.06%

This recently sold 3-bedroom home in Western Australia offered a practical lifestyle, featuring 2 car spaces. Positioned close to the area's vibrant centre, the property provided easy access to schools, parks, and shopping. Its generous outdoor space and convenient location made it an appealing choice for families or those looking to invest in a well-established neighbourhood.

Value growth

June 2023–Current

Equity gained

+$169,000

Purchase breakdown

Date purchased: June 2023
Stamp duty: $13,063
Deposit: 12% of Purchase price
Solicitor cost: $2,000
Pest and build: $700

Returns

Equity gained: +$169,000
Capital growth: 39.65%
Cash on cash return: 187.06%
Weekly rent: $625

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