OFF MARKET

17 Sameshima Gardens
Bilingurr WA 6725

Bedrooms: 4
Bathrooms: 3
Car spaces: 2
Floor area: 163m2
Land area: 555m2
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Property Details for 17 Sameshima Gdns, Bilingurr

17 Sameshima Gdns, Bilingurr is a 4 bedroom, 3 bathroom House with 2 parking spaces and was built in 2017. The property has a land size of 555m2 and floor size of 163m2. While the property is not currently for sale or for rent, it was last sold in August 2021.

Building Type
House
Year Built
2017
Floor Size
163m2
Land Size
555m2
Local Government
Broome
Lot/Plan
220/P069434

Last Listing description (December 2015)

This very last double NRAS to-be-constructed House and Land package is ready for immediate sale! The suburb of Bilingurr is next to Cable Beach.
Titled block in Broome approved for 2 sets of tenants and in walking distance to school, service station and shops.
Land purchase price: $230,000

Construction contract price: $495,000
Mum and Dad Property Investors require home equity or cash of $80,000 for deposit and stamps.
Suitable for Super Fund buyers too! $180,000 in combined supers may be all that you need (includes SMSF Pack*).
*SMSF Pack increases purchase price from $725,000 to $755,000 due to $30,000 additional interest expenses incurred by builder.
Why Broome? Prelude of course!!!
The Prelude FLNG facility is expected to stay moored at location for 25 years.
The economic benefits for Australia include:
Creates around 350 direct jobs and 650 indirect jobs
Provides billions in tax revenues
Billions will be spent in Australia in capital and operating expenditure
Opportunities for Australian businesses - Shell is working with Industry Capability Network to maximise local content
Onshore support services spread between Broome, Darwin and Perth
Successfully deploying FLNG at Prelude will be important for the Australian gas industry - Australia has a lot of stranded gas and this provides a means of developing it.
Visit http://www.shell.com.au/aboutshell/who-we-are/shell-au/operations/upstream/prelude.html to see all the benefits that Broome will enjoy for the next 25-years.
2 Annual NRAS incentives totalling $21,834 + CPI for the next 10-years. With CPI over 10 years at 3% pa it works out to be $291,000 in tax credits and tax free cash from the WA State Government!
Annual Capital Growth is 7.66% (source RP Data 29/8)
Gross Rental Yield is 7.77%
Market rents (certified valuation) $500 + $330 = $830
NRAS rents (after 20% discount applied) $400 + $264 = $664
NRAS amounts ($21,834 / 52wks) $210 + $210 = $420
Total rental incomes + tax breaks + cash rebates = $1,084 pw or $56,368 pa
Tenant-ready 5-6 months from land settlement.
Pay land stamp duty only of $6,545
$1,000 refundable holding deposit required to secure this property.
Call Robert on 0403 577353 or email rkirk@empowerhousing.com.au for more information. Or, visit the website http://www.empowerhousing.com.au

Property History for 17 Sameshima Gdns, Bilingurr, WA 6725

A timeline of how this property has performed in the market
Last Sold
$190,000
25 Aug 2021
  • 25 Aug 2021
    Sold for $190,000
  • 18 Feb 2016
    Listed for Sale Not Disclosed
  • 30 Apr 2015
    Listed for Sale $725,000
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About Bilingurr 6725

The size of Bilingurr is approximately 12.7 square kilometres. It has 2 parks covering nearly 0.4% of total area. The population of Bilingurr in 2011 was 5,156 people. By 2016 the population was 1,343 showing a population decline of 74.0% in the area during that time. The predominant age group in Bilingurr is 30-39 years. Households in Bilingurr are primarily couples with children and are likely to be repaying $2400 - $2999 per month on mortgage repayments. In general, people in Bilingurr work in a professional occupation. In 2011, 41.4% of the homes in Bilingurr were owner-occupied compared with 42% in 2016.

Bilingurr has 801 properties. Over the last 5 years, Houses in Bilingurr have seen a 47.00% increase in median value, while Units have seen a 72.68% increase. As at 31 October 2024:

  • The median value for Houses in Bilingurr is $768,252 while the median value for Units is $462,729.
  • Houses have a median rent of $1,075 while Units have a median rent of $607.
There are currently 8 properties listed for sale, and 1 property listed for rent in Bilingurr on OnTheHouse. According to CoreLogic's data, 62 properties were sold in the past 12 months in Bilingurr.

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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.