Western Australia

3 bed, 2 bath, 2 car, 359 m², House, Built 2011

Local area · ABS 2021

Families · 14,127 pop · Owners · $2,115 per week

Purchase price: $428,000
Current value: $700,000
Capital growth: 61.21%
Cash on cash: 308.24%

Sold and situated in the popular suburb in Western Australia, this 3-bedroom, 2-bathroom home catered to modern family living. Built in 2011, this modern home is conveniently located near schools, parks, and Wellard Village. The home’s functional layout and proximity to key amenities made it a practical option for both owner-occupiers and investors seeking a property in a high-demand area.

Value growth

July 2023–May 2023

Equity gained

+$272,000

Purchase breakdown

Date purchased: July 2023
Date of value: May 2023
Stamp duty: $14,345
Deposit: 12% of Purchase price
Solicitor cost: $2,000
Pest and build: $700

Returns

Equity gained: +$272,000
Capital growth: 61.21%
Cash on cash return: 308.24%
Weekly rent: $630

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