OFF MARKET

117/11 Oryx Road
Cable Beach WA 6726

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Floor area: 58m2
Land area: 85m2
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Last updated 11 Nov 2024
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Property Details for 117/11 Oryx Rd, Cable Beach

117/11 Oryx Rd, Cable Beach is a 1 bedroom, 1 bathroom Unit and was built in 2007. The property has a land size of 85m2 and floor size of 58m2. While the property is not currently for sale or for rent, it was last sold in October 2023.

Building Type
Unit
Year Built
2007
Floor Size
58m2
Land Size
85m2
Local Government
Broome
Lot/Plan
124/S047591

Last Listing description (November 2024)

Invest in your own fabulous light and airy 1st floor apartment at Oaks Cable Beach Sanctuary.
This one bedroom unit is located in a prime location overlooking one of the main pools and grassed areas of the 4ha estate. You can use the property yourself for up to 3 months of the year and rent out nightly with the Resort managers or keep for your own use. Oaks Hotels and Resorts are well renowned for their management with a focus on corporate rentals as well as the leisure market. If you want they will rent your property out on a nightly basis and take any hassle out of maintaining the property .
There is a separate bedroom, good size kitchen , full air conditioning with a refurbishment being completed in recent years.

The Resort is well situated being only a short stroll to the world famous Cable Beach.
Capitalise on the solid returns and enjoy the lifestyle benefits.

Call Tony Hutchinson on 0418938198 for full details and inspection

Holiday Apartment-use for 3 months of the year
Fully furnished and equipped
Annual returns $45,000 PA less the below costs
Cable Beach area with over 10% return
Shire rates $1979.07
Water Rates $1387
Strata levies $13,409

Property History for 117/11 Oryx Rd, Cable Beach, WA 6726

A timeline of how this property has performed in the market
Last Sold
$245,000
20 Oct 2023
  • 20 Oct 2023
    Sold for $245,000
  • 11 Aug 2023
    Listed for Sale $245,000
  • 23 May 2007
    Sold for $297,000

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About Cable Beach 6726

The size of Cable Beach is approximately 9.2 square kilometres. It has 8 parks covering nearly 2.6% of total area. The population of Cable Beach in 2011 was 5,156 people. By 2016 the population was 5,424 showing a population growth of 5.2% in the area during that time. The predominant age group in Cable Beach is 30-39 years. Households in Cable Beach are primarily couples with children and are likely to be repaying $3000 - $3999 per month on mortgage repayments. In general, people in Cable Beach work in a professional occupation. In 2011, 41.4% of the homes in Cable Beach were owner-occupied compared with 44.8% in 2016.

Cable Beach has 3,074 properties. Over the last 5 years, Houses in Cable Beach have seen a 65.53% increase in median value, while Units have seen a 76.10% increase. As at 31 October 2024:

  • The median value for Houses in Cable Beach is $651,406 while the median value for Units is $385,155.
  • Houses have a median rent of $1,000 while Units have a median rent of $800.
There are currently 63 properties listed for sale, and 6 properties listed for rent in Cable beach on OnTheHouse. According to CoreLogic's data, 189 properties were sold in the past 12 months in Cable beach.

Suburb Insights for Cable Beach 6726

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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.