OFF MARKET

9 Retusa Street
Beeliar WA 6164

Bedrooms: 4
Bathrooms: 2
Car spaces: 3
Floor area: 204m2
Land area: 452m2
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Last updated 11 Nov 2024
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Property Details for 9 Retusa St, Beeliar

9 Retusa St, Beeliar is a 4 bedroom, 2 bathroom House with 3 parking spaces and was built in 2004. The property has a land size of 452m2 and floor size of 204m2. While the property is not currently for sale or for rent, it was last sold in November 2017.

Building Type
House
Year Built
2004
Floor Size
204m2
Land Size
452m2
Local Government
Cockburn
Lot/Plan
604/P411155

Last Listing description (November 2017)

Beeliar has 2 of the last investment properties with double NRAS incentives from Questus Ltd.
beeliargardens.com | Port Bouvard Homes is the builder.
What can investors expect when buying this property that includes 2 NRAS incentives?

1. 2 x Gov't NRAS Incentives currently valued at $11,114 each (2017-2018) = $22,228 p.a
2. Suitable for 2 x sets of tenants with discounted NRAS rents that are indexed annually to CPI
3. Great location 19.4k's drive to Perth CBD
4. One of WA's highest gross rental yields
5. NRAS term available is 3+ years
Not suitable for SMSF buyers.
As is traditional with NRAS, this property is very cashflow positive and on a single Green title to keep expenses at a minimum.
Rents estimated
3br rent $390 pw
2br rent $290 pw
Total rents = $680 pw less 20% NRAS Discount = $544 pw + NRAS value $427 pw = $971 pw or $50,492 p.a!
Land price $293,250
Build price $305,000
Stamp duty $9,032.
Gross Rental Yield of 8.40%
Weekly expenses $167
As well as the convenience of contemporary living, when you build your new investment property at Beeliar Gardens everything you need is within easy reach.
This exclusive development is close to Phoenix and Cockburn Gateway shopping centres which include Coles, Woolworths and Big W as well as food, fashion and dozens of specialty stores.
For families with young children there's a number of primary schools in the area to choose from and if your children are a little older there's also a choice of colleges.
Beeliar Gardens also offers access to high quality medical care, with St John of God, Fiona Stanley Hospital and Beeliar Medical Centre only minutes away.
As well as loving the lifestyle, at Beeliar Gardens you'll enjoy easy access to the Kwinana Freeway and Cockburn train station, the Perth CBD, Fremantle aren't far away for both work and play.
Visit the Empower Housing Group website empowerhousing.com.au for more information on the National Rental Affordability Scheme.
Contact Robert Kirk of Empower Housing Group on 1300 859 075 or rkirk@empowerhousing.com.au for an investors information pack tailored to your situation.

Property History for 9 Retusa St, Beeliar, WA 6164

A timeline of how this property has performed in the market
Last Sold
$285,000
16 Nov 2017
  • 16 Nov 2017
    Sold for $285,000
  • 17 Aug 2017
    Listed for Sale $598,250

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About Beeliar 6164

The size of Beeliar is approximately 11.7 square kilometres. It has 19 parks covering nearly 65.1% of total area. The population of Beeliar in 2011 was 5,868 people. By 2016 the population was 7,423 showing a population growth of 26.5% in the area during that time. The predominant age group in Beeliar is 30-39 years. Households in Beeliar are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Beeliar work in a professional occupation. In 2011, 76.6% of the homes in Beeliar were owner-occupied compared with 75.4% in 2016.

Beeliar has 4,311 properties. Over the last 5 years, Houses in Beeliar have seen a 91.39% increase in median value, while Units have seen a 83.08% increase. As at 31 October 2024:

  • The median value for Houses in Beeliar is $886,651 while the median value for Units is $536,700.
  • Houses have a median rent of $710 while Units have a median rent of $480.
There are currently 19 properties listed for sale, and 2 properties listed for rent in Beeliar on OnTheHouse. According to CoreLogic's data, 191 properties were sold in the past 12 months in Beeliar.

Suburb Insights for Beeliar 6164

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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.