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Western Australia

3-bedroom, 2-bathroom Queensland house on an 351m² block showing $208,500 value growth in two years.

3 bed, 2 bath, 4 car, 351m², House, Built 2015

Local area · ABS 2021

Families · 18,878 pop · Owners · $2,059 per week

Purchase price
$510,000
Current value
$718,500
Capital growth
40.88%
Cash on cash
245.29%

Purchased in January 2024, this 3 bedroom, 2 bathroom home in a thriving Perth-fringe suburb delivered a solid result for its buyer. Sold for $510,000, the property reflects ongoing local demand in one of the Perth metropolitan growth corridors, where lifestyle, convenience and community appeal continue to attract buyers. 

Built in 2015 and set on a 351 m² block with four car spaces and functional family-oriented living spaces, the home showcases the type of property that appeals to both owner-occupiers and investors in the current market. 

Population: 18,878

Most residents are: Owners

Median household income: $2,059 per week

Value growth

Jan 2024–Jan 2026

Equity gained

+$208,500

Jan 2024Jan 2026$510,000$718,500

Purchase breakdown

Date purchased
Jan 2024
Date of value
Jan 2026
Stamp duty
$18,783
Deposit
$61,200
Solicitor cost
$2,000
Pest and build
$700

Returns

Equity gained
+$208,500
Capital growth
40.88%
Cash on cash return
245.29%
Weekly rent
$650
Equity growth
208500%

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