OFF MARKET

12 Noreuil Circuit
Cowaramup WA 6284

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 162m2
Land area: 655m2
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Property Details for 12 Noreuil Cct, Cowaramup

12 Noreuil Cct, Cowaramup is a 3 bedroom, 2 bathroom House with 2 parking spaces and was built in 2016. The property has a land size of 655m2 and floor size of 162m2. While the property is not currently for sale or for rent, it was last sold in July 2016.

Building Type
House
Year Built
2016
Floor Size
162m2
Land Size
655m2
Local Government
Augusta-Margaret River
Lot/Plan
259/P404865

Last Listing description (September 2016)

The Yield Maximiser is a house and land package with a twist. The package includes land, a comfortable family home and a 60sqm ancillary accommodation unit, built in unison and designed to cater for your changing needs.
A market first, the Yield Maximiser is perfect for savvy property investors, and for families and owner-occupiers seeking to ease their mortgage commitments.
Recent changes in legislation mean that you have the option of leasing the ancillary accommodation for additional, mortgage-busting income, or utilising it for extended family. Property investors will benefit from this dual key Yield Maximiser model, which delivers yields on average 3-4% (of asset value)* higher than a single keyed residence. Owner-occupiers will benefit from additional cash flow* to assist in other areas of expense or financial purpose, for example adding to mortgage repayments or supporting further investment.

It s a win-win for building your future!
Who is Behind the Yield Maximiser?
The house, land and granny flat package is a concept designed by Leimac Building Pty Ltd. We recognised a gap in the property investment market and with the support of our long-term strategic partner, The Money Room, came up with a solution constructing ancillary accommodation at the same time as the family home for cost saving benefits and long-term asset gain.
The Money Room has been guiding their clients through all aspects of the property investment mine-field, acting as life financial partners from concept through to delivery, for 12 years.
Leimac Building was established in 1995 and has since built over 550 custom-designed homes and granny flats across Western Australia. We are an independent local building company offering bespoke design solutions for each client s needs. Together we deliver a product that has been carefully considered to suit your needs and build your future.
The Money Rooms builds the right strategy; Leimac Building builds the right home.
LEIMAC BUILDING
Your independent, custom-home builder
www.leimacbuilding.com.au 0428 978 700
THE MONEY ROOM
Experts in investment finance and money coaching
www.themoneyroom.com.au

Disclaimer:
*The above reference to cash-flow scenarios is an example of potential outcomes and is not intended as specific personal advice. Yields will vary depending on specific property, location, market conditions and marginal tax rates of owners. Prior to you making any decisions, you should seek professional and personal credit and taxation advice to be sure that any engagement or strategy is appropriate for your personal circumstances.
Dresden Enterprises Pty Ltd ACN 118 601 068 | Australian Credit Licence 391683 | Trustee of The Radisch Trust ABN 84 690 138 492. The Money Room is a registered trademark of Dresden Enterprises Pty Ltd.

Property History for 12 Noreuil Cct, Cowaramup, WA 6284

A timeline of how this property has performed in the market
Last Sold
$145,000
23 Jul 2016
  • 23 Jul 2016
    Sold for $145,000
  • 22 Jul 2015
    Listed for Sale $560,000

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About Cowaramup 6284

The size of Cowaramup is approximately 95.8 square kilometres. It has 4 parks. The population of Cowaramup in 2011 was 1,132 people. By 2016 the population was 1,886 showing a population growth of 66.6% in the area during that time. The predominant age group in Cowaramup is 0-9 years. Households in Cowaramup are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Cowaramup work in a managers occupation. In 2011, 68.5% of the homes in Cowaramup were owner-occupied compared with 74.4% in 2016.

Cowaramup has 1,732 properties. Over the last 5 years, Houses in Cowaramup have seen a 84.94% increase in median value, while Units have seen a 245.62% increase. As at 31 January 2025:

  • The median value for Houses in Cowaramup is $960,631 while the median value for Units is $917,554.
  • Houses have a median rent of $755.
There are currently 22 properties listed for sale, and 3 properties listed for rent in Cowaramup on OnTheHouse. According to CoreLogic's data, 86 properties were sold in the past 12 months in Cowaramup.

Suburb Insights for Cowaramup 6284

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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.