24 Nicolas DriveCasuarina WA 6167
Property Details for 24 Nicolas Dr, Casuarina
24 Nicolas Dr, Casuarina is a 6 bedroom, 2 bathroom House with 2 parking spaces and was built in 1984. The property has a land size of 20046m2 and floor size of 2m2. While the property is not currently for sale or for rent, it was last sold in May 2018.
Last Listing description (August 2022)
VIEWING BY APPOINTMENT ONLY
5 acres of land zoned Urban; potential to subdivide into approximately 35 home lots, once a Local Structure Plan over the area is approved.
Almost double your money in 3-5 years a real possibility here; do your homework, and act or you might have to kick yourself big time.
Comes with a set of double brick and tile rentable homes; 4 x 1, and a 2 x 1 separate 'granny home'.
Perfect Self Managed Superannuation Fund investment.
Definitely a very rare investment opportunity, contact the agent straight away or miss out.
Speculative return on investment; in about 35-5 years' time sell 35 lots at a conservative figure of around $200k each = $7M, less purchasing and development costs.
Land bank or make it home and enjoy a rural lifestyle for a bit, then cash in.
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Property History for 24 Nicolas Dr, Casuarina, WA 6167
- 19 Oct 2018Listed for Sale Expressions of Interest
- 16 May 2018Sold for $880,000
- 12 Mar 2018Listed for Sale CALL AGENT
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About Casuarina 6167
The size of Casuarina is approximately 9.9 square kilometres. It has 4 parks covering nearly 14.2% of total area. The population of Casuarina in 2011 was 1,400 people. By 2016 the population was 1,731 showing a population growth of 23.6% in the area during that time. The predominant age group in Casuarina is 20-29 years. Households in Casuarina are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Casuarina work in a trades occupation. In 2011, 84.7% of the homes in Casuarina were owner-occupied compared with 85.7% in 2016.
Casuarina has 321 properties. Over the last 5 years, Houses in Casuarina have seen a 56.65% increase in median value. As at 31 October 2024:
- The median value for Houses in Casuarina is $1,066,503 while the median value for Units is $255,847.
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