Sold Featured Rental Guarantee

Lot 50 Firmwood Parade, Baldivis WA

WA, 6171

$ 959,990

Sold Featured Rental Guarantee
WA, 6171
Lot 50 Firmwood Parade, Baldivis WA-0
Lot 50 Firmwood Parade, Baldivis WA-1

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Lot 50 Firmwood Parade, Baldivis WA-0 Lot 50 Firmwood Parade, Baldivis WA-1

Overview

Property ID: LA-3616

  • House and Land
  • Property Type
  • 6
  • Bedrooms
  • 6
  • Bathrooms
  • 2
  • Cars
  • 240

Details

Updated on Nov 05, 2024 at 06:31 pm

Property Type: House and Land
Price: $ 959,990
Land Price: $ 383,000
Build Price: $ 576,990
Gross Per Week: $ 2,100
Gross Per Annum: $ 109,200
Gross Yield: 11.38%
Capital Growth 12 Months: 29.77%
Capital Growth 10 Year Annualised: 3.65%
Vacancy Rate: 1.68%
Property Size: 240 m2
Land Area: 450 m2
Bedrooms: 6
Bathrooms: 6
Parking: 2
Title Status: January 2025
Property ID: 3616
SKU: 2000

Description

Co-Living Housing

A co-living property is a type of shared accommodation that offers private bedrooms with ensuite bathrooms and communal spaces such as kitchens, living rooms, dining areas, laundry facilities and outdoor areas.

Co-living properties are designed to foster a sense of community, convenience and comfort among the residents, who can enjoy the benefits of having their own space as well as socialising with like-minded people.

A co-living property attracts tenants who are looking for an affordable, flexible and hassle-free living option that suits their lifestyle and needs.

Co-living tenants are typically young professionals, students, digital nomads, entrepreneurs, creatives and seniors who value convenience, connectivity and collaboration.

A co-living property offers benefits to an investor who is looking for a high-yield, low-risk and future-proof investment opportunity.

Co-living properties have a higher occupancy rate, lower vacancy rate and lower turnover rate than traditional rental properties, as they cater to the growing demand for affordable and flexible housing solutions in urban areas.

Co-living properties also have higher capital growth potential, as they are generally located in prime locations with access to transport, education, employment and entertainment hubs.

You can read more about Co-Living here: https://latitudeproperty.com.au/co-living-the-future-of-australian-housing/

Disclaimer*

All details shown have been provided by third parties, for full details and inclusions please refer to the land and building contracts.

Address Lot 50 Firmwood Parade, Baldivis WA
City N/A
State WA
Postcode 6171
Suburb N/A

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Capital Growth 12 months, measures the increase in a property’s value over the previous 12 months, indicating how much the investment has appreciated in that timeframe.

Capital Growth 10-year annualised, reflects the average annual increase in a property’s value over the last decade, smoothing out short-term fluctuations to show long-term appreciation trends.

Vacancy Rate, indicates the percentage of properties that are currently unoccupied in that postcode, It’s a key indicator for investors to assess the rental demand.

SMSF Property Investing, when investing inside your SMSF there are some restrictions on how you can purchase investment properties. We use the following information to help navigate the SMSF investment property options.

This property is a single-contract property suitable for an SMSF.

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