Western Australia

3 bed, 1 bath, 2 car, 517 m², House, Built 1998

Local area · ABS 2021

Families · 12,543 pop · Owners · $1,611 per week

Purchase price: $440,000
Current value: $770,000
Capital growth: 75%
Cash on cash: 388.24%

This 3-bedroom family home has been sold, offering a fantastic opportunity for those seeking a well-connected coastal lifestyle. Built in 1998, the property boasted spacious living areas and a large outdoor space, perfect for family gatherings. Located close to local schools, shops, it provided a balance of convenience and leisure, making it a sought-after option for families and investors alike.

Value growth

Apr 2023–May 2026

Equity gained

+$330,000

Purchase breakdown

Date purchased: Apr 2023
Date of value: May 2026
Stamp duty: $14,915
Deposit: 12% of Purchase price
Solicitor cost: $2,000
Pest and build: $700

Returns

Equity gained: +$330,000
Capital growth: 75%
Cash on cash return: 388.24%
Weekly rent: $630
Equity growth: 330000%

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