OFF MARKET

29 Withnell Way
Bulgarra WA 6714

Bedrooms: 10
Bathrooms: 10
Car spaces: 6
Land area: 885m2
Improve this data
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 14 Oct 2024
Low
High
Share
Save

Property Details for 29 Withnell Way, Bulgarra

29 Withnell Way, Bulgarra is a 10 bedroom, 10 bathroom Unit with 6 parking spaces and was built in 1972. The property has a land size of 885m2. While the property is not currently for sale or for rent, it was last sold in November 2011.

Building Type
Unit
Year Built
1972
Land Size
885m2
Local Government
Karratha
Lot/Plan
169/P211474

Last Listing description (February 2017)

This boutique six unit strata complex is just 700 metres from the Karratha CBD and Shopping Centre. This is a security gated community with a private pool in a first class area. There are four 2 bedroom 2 bathroom units as well as two one bedroom furnished units. The property features a very high occupancy rate thanks to the quality of the units the facilities, the furnishings and the closeness in proximity to the town centre. The fixtures and finishes and the spaciousness of each of the units are at the top end of the market.
The asking price is significantly below the cost of constructing the development and as the development is quite new there is significant tax advantage through depreciation.
There is substantial positive cash flow available and I believe that an investor with a three to five year investment horizon will do extremely well.

Optimism is resurfacing in the resources sector the property market in Karratha is due for the long awaited positive correction. Iron ore prices have been moving upwards and are now holding above $80.00 Aus. Woodside a major local Gas and Oil producer has reported increased profits and the large Chevron operation that operates from Karratha has started production and export. Karratha as a city has substantial construction underway with the new hospital and cultural centre either underway or soon to commence. The Dampier Salt operation and Yara Fertilizer are also performing well.
All of these things underpin the viability of Karratha as a long term investment haven.
For more detailed information or to arrange an inspection by appointment please contact Peard Real Estate Karratha City on 08 9183 8300 or George Cook at george.cook@peard.com.au or 0414 756 250

Show More

Property History for 29 Withnell Way, Bulgarra, WA 6714

A timeline of how this property has performed in the market
Last Sold
$755,000
24 Nov 2011
  • 26 Aug 2016
    Listed for Sale $1,450,000.00
  • 24 Nov 2011
    Sold for $755,000
  • 28 Jun 1997
    Sold for $110,000
Sign in to see more transactions

Commute Calculator

Recent sales nearby

See more recent sales nearby

Similar properties For Sale nearby

See more properties for sale nearby

Similar properties For Rent nearby

See more properties for rent nearby

About Bulgarra 6714

The size of Bulgarra is approximately 4.7 square kilometres. It has 6 parks covering nearly 15.5% of total area. The population of Bulgarra in 2011 was 3,456 people. By 2016 the population was 2,657 showing a population decline of 23.1% in the area during that time. The predominant age group in Bulgarra is 30-39 years. Households in Bulgarra are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Bulgarra work in a trades occupation. In 2011, 35.1% of the homes in Bulgarra were owner-occupied compared with 32.4% in 2016.

Bulgarra has 1,429 properties. Over the last 5 years, Houses in Bulgarra have seen a 62.11% increase in median value, while Units have seen a 89.76% increase. As at 30 September 2024:

  • The median value for Houses in Bulgarra is $521,477 while the median value for Units is $323,341.
  • Houses have a median rent of $950 while Units have a median rent of $600.
There are currently 14 properties listed for sale, and 4 properties listed for rent in Bulgarra on OnTheHouse. According to CoreLogic's data, 96 properties were sold in the past 12 months in Bulgarra.

Bulgarra Profile Page

Suburb Insights for Bulgarra 6714

Visit Bulgarra profile page
Market Insights
Bulgarra Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Median Value over 1 year
Bulgarra Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
Visit Bulgarra profile page
CoreLogic Copyright and Legal Disclaimers about Property Data

© Copyright 2024 RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic). All rights reserved.

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.

This product uses cookies and other similar technologies to improve and customise your browsing experience, to tailor content and adverts, and for analytics and metrics regarding visitor usage on this product and other media. We may share cookie and analytics information with third parties for the purposes of advertising. By continuing to use our website, you consent to cookies being used. View our Privacy Policy here.

X

GETTING STARTED