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Western Australia

Western Australia Real Estate MB 2023: Market insights for a 4-bedroom home

4 bed, 2 bath, 2 car, 629 m², House, Built 2012

Local area · ABS 2021

Families · 2,736 pop · Owners · $2,458 per week

Purchase price
$450,000
Current value
$835,000
Capital growth
85.56%
Cash on cash
452.94%

Sold in 2023, this 4-bedroom, 2-bathroom home offers both comfort and accessibility in a welcoming neighbourhood. With its close proximity to schools, parks, and local shops, it presented a fantastic opportunity for families looking for a serene yet connected location to call home.

Value growth

Feb 2023–May 2026

Equity gained

+$385,000

Feb 2023May 2026$450,000$835,000

Purchase breakdown

Date purchased
Feb 2023
Date of value
May 2026
Stamp duty
$15,390
Deposit
12% of Purchase price
Solicitor cost
$2,000
Pest and build
$700

Returns

Equity gained
+$385,000
Capital growth
85.56%
Cash on cash return
452.94%
Weekly rent
$696
Equity growth
385000%

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