Lot 2 Gibson Way, Beechboro WA 6063 – Aria Estate

$886,238

  • 3
  • 3
  • 2
  • 383m²
  • SDA

Special Disability Accomodation (SDA)

This property will have the capacity to house 2 individuals who require high physical support, each with their own bathrooms. As well as 1 bedroom dedicated to an On-Site Overnight Assistant (OOA).

Beechboro, WA, strategically positioned just 15 kilometres northeast of Perth, offering convenient access to major capital cities and employment hubs.

Estate Information: Aria Estate, a thoughtfully designed small estate developed to meet the specific demands of the neighbourhood.

Investment Highlights:

  1. Beechboro has witnessed a 13.18% growth in median house prices, reaching $475,000 from September 2022 to September 2023, along with an 8.0% sales growth, making it an attractive location for property investment.
  2. During the same period, the rental market recorded a significant 20.9% growth, elevating the median rental price to $2,384 per month, offering promising rental yield potential for investors. However, with this specific type of build you’ll be looking at $15,044 per month.
  3. Beechboro’s amenity-rich locale, including shopping centres like Altone and Beechboro Central, and seamless transport connectivity to the CBD via Morley or Bassendean Train Station, and only 10 minutes from the airport enhances its appeal to prospective investors and residents.

Builder: Place your trust in Weston who have completed over 50 SDA projects. Known for their outstanding reliability and unwavering commitment to delivering high-quality service throughout the construction process.

Overview

  • $11067.73/m

  • 13.18%

  • 20.37%

  • 0.41%

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 area184 m²
Build price$611,238
Land price$275,000
Title StatusRegistered
Contract typeSplit
Storeys1
Council Rates*$125/m
Water Rates*$40/m
Tax depreciation*$715.34/m
Rental Income*$15044.16/m
* these figures are an estimate only, based on current average rates and current relevant figures.

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