Overview
Property ID: LA-7136
- House and Land
- Property Type
- 5
- Bedrooms
- 5
- Bathrooms
- 2
- Cars
- 216
Details
Updated on Nov 13, 2024 at 06:07 pm
Property Type: | House and Land |
---|---|
Price: | $ 889,990 |
Land Price: | $ 335,000 |
Build Price: | $ 554,990 |
Gross Per Week: | $ 1,700 |
Gross Per Annum: | $ 88,400 |
Gross Yield: | 9.93% |
Capital Growth 12 Months: | 28.71% |
Capital Growth 10 Year Annualised: | 3.30% |
Vacancy Rate: | 1.75% |
Property Size: | 216 m2 |
Land Area: | 450 m2 |
---|---|
Bedrooms: | 5 |
Bathrooms: | 5 |
Parking: | 2 |
Title Status: | February 2025 |
Property ID: | 7136 |
SKU: | 1026 |
Description
This property is a full turnkey 5-bedroom, 5-bathroom home located in Byford, WA, in the Beenyup Grove Estate. It includes premium features such as vinyl flooring, reverse cycle air-conditioning, stainless steel appliances, and LED downlights. The property is situated in a high-growth region and offers excellent rental yields, making it ideal for investors.
Suburb profile:
Byford is located in the Peel Region, close to Perth, and is known for its blend of residential, rural, and semi-rural landscapes. It is a rapidly growing suburb with new developments, making it attractive to both homeowners and investors.
Site Inclusions:
- Site works, council charges, and standard construction costs.
Internal Inclusions:
- Vinyl flooring throughout (main areas), Quality carpet or vinyl in all bedrooms, Reverse cycle air-conditioning to all bedrooms, LED downlights throughout.
External Inclusions:
- Driveway, fencing, garden taps, and crossover, Clothesline, letterbox, antenna, flyscreens, and window furnishings.
Appliance Inclusions:
- Stainless steel appliances including dishwasher.
Furniture Pack Inclusions:
- Furniture package worth $29,700 for co-living setup.
This 5-bedroom, fully turnkey property in Byford, WA, offers exceptional rental returns and capital growth potential in a rapidly expanding suburb, making it a prime investment opportunity.
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://ausinvestmentproperties.com.au/blogs/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.
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Aus investment Properties has partnered with SQM Research to provide data across our site to assist investors in making an informed decision.
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.