Western Australia
Purchased in 2025, this 3 bedroom, 1 bathroom character home in WA was secured for $530,000, offering strong value in one of the South West's most established regional cities.
Currently achieving $609 per week in rent, the property delivers a gross rental yield of 5.98%, underpinned by tight vacancy rates and strong demand in a tightly held established housing market.
Positioned close to the CBD with easy access to schools, parks, shopping, and foreshore amenities, the property benefits from a consistent tenant base of families, trades workers, and professionals drawn to the region's diverse economy and coastal lifestyle.
Local area snapshot (ABS 2021 Census):
Most households are: Families
Population: 5,155
Most residents are: Owners
Property Features
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Purchase Details
Cash On Cash Return
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