FOR SALE
Expressions of Interest

9/7 Aragon Street
Cervantes WA 6511

Bedrooms: 2
Bathrooms: 2
Car spaces: -
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Lucrative Resort Investment"

The opportunity to have the best of both worlds has arrived. Enjoy the Pinnacles Edge Resort for you & your family plus secure a residual income all year round thru the short stay rental market.
Cervantes is located just over 200 k's north of the Perth CBD ……..such an easy drive & a perfect location to enjoy what the beachside town of Cervantes has to offer.
Features including:
Fully managed & furnished 2 bed 2 bath interconnecting ground floor
apartment
Choice of renting both units out or having one for your own use
Reverse Cycle airconditioning throughout
Includes kitchenette, separate bathrooms, washer/dryer, TV lounge area
Free Wifi
Protected outdoor area overlooks the sparkling below ground pool
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Property Details for 9/7 Aragon St, Cervantes

9/7 Aragon St, Cervantes is a 2 bedroom, 2 bathroom Unit. The place is currently for sale with Elders Real Estate Western Australia.

Building Type
Unit

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About Cervantes 6511

The size of Cervantes is approximately 9.8 square kilometres. It has 7 parks covering nearly 11.1% of total area. The population of Cervantes in 2011 was 461 people. By 2016 the population was 530 showing a population growth of 15.0% in the area during that time. The predominant age group in Cervantes is 60-69 years. Households in Cervantes are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Cervantes work in a labourer occupation. In 2011, 68.5% of the homes in Cervantes were owner-occupied compared with 71.3% in 2016.

Cervantes has 714 properties. Over the last 5 years, Houses in Cervantes have seen a 64.11% increase in median value, while Units have seen a 14.23% increase. As at 31 August 2024:

  • The median value for Houses in Cervantes is $428,216 while the median value for Units is $262,939.
  • Houses have a median rent of $310.
There are currently 14 properties listed for sale, and no properties listed for rent in Cervantes on OnTheHouse. According to CoreLogic's data, 37 properties were sold in the past 12 months in Cervantes.

Suburb Insights for Cervantes 6511

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Kris Teakle
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Elders Real Estate Western Australia
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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.