Lot 1169 Impressions Drive, Eglinton WA 6034 – Allara Estate

$489,261

  • 3
  • 2
  • 2
  • 225m²
  • H & L

The Allara Estate, Eglinton, WA: Your Investment Oasis in a Thriving Community

Welcome to The Allara Estate, an outstanding opportunity for investors seeking the perfect blend of suburban comfort and investment potential. Nestled in Eglinton, Western Australia, this thriving estate offers a compelling mix of capital growth, rental demand, and a welcoming community, making it an attractive destination for savvy investors.

Investor Highlights:

  • Population Growth: Population growth in this region has been amongst the highest in the country in the last 12 months, giving great capital growth projections to property values over the coming years due to the growing demand.
  • Strong Capital Growth: The Allara Estate is situated in an area that has consistently demonstrated capital growth over the years. Its proximity to Perth, modern infrastructure, and increasing demand for housing contribute to the potential appreciation in property values, making it an ideal investment choice.
  • Steady Rental Market: The family-friendly environment, excellent amenities, and accessible public transport options make Eglinton and The Allara Estate highly attractive to tenants. Investors can capitalise on a stable rental market, with steady demand for quality rental properties.
  • Estate Amenities: The Allara Estate boasts a range of estate-specific amenities, including beautifully landscaped parks, community facilities, and recreational areas. The region has an above national average rate of development activity, bringing more people and demand to the area.
  • Infrastructure and Transport: Eglinton’s strategic location is supported by ongoing infrastructure development, including road improvements, public transport enhancements, and easy access to the Mitchell Freeway. These developments significantly boost the suburb’s accessibility and attractiveness.

Overview

  • $252.83/m

  • 7.65%

  • 5.85%

  • 1.20%

The estimated cash flow is reflective of a 90% P&I loan with an interest rate of 5.5% over a 30 year term. (Rental income + First year tax depreciation) – (*Loan Repayments + Council Rates + Water rates + Body Corp./Strata when applicable) = Estimated cash flow position
Property breakdown
Home area130 m²
Build price$333,261
Land price$156,000
Title StatusMay 2024
Contract typeSplit
Storeys1
Council Rates*$125/m
Water Rates*$40/m
Tax depreciation*$534/m
Rental Income*$2384/m
* these figures are an estimate only, based on current average rates and current relevant figures.

Documents