7 Moylan WayGeographe WA 6280
Property Details for 7 Moylan Way, Geographe
7 Moylan Way, Geographe is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1968. The property has a land size of 801m2 and floor size of 88m2. While the property is not currently for sale or for rent, it was last sold in September 2020.
Last Listing description (April 2016)
This could possibly be your last opportunity to buy property like this so close to the beautiful beaches of Geographe Bay at such a low price. Geographe is 'Hot! Hot Hot!', Buyers are now aware this is the last roll of the dice for affordable beach side property. Busselton is the South West s most popular town, so if you think land close to one of the worlds best beaches is not going to be in demand in the future, then it s time to pull your head out of the sand.
Located approximately 200 metres, as the crow flies, from sparkling ocean this 3 bedroom home is an investors dream. A corner block of 801m2 allows side access to a large workshop and you have an excellent tenant on a long term lease until September 2016, currently paying $330.00 per week. That s almost a 5% return plus long term capital growth. Given the projected population growth for Busselton, what do you think this location could be worth in the years to come?
Currently, at the time of writing, this is the cheapest house on a full size block in Geographe according to Realestate.com.au. However that could all have changed as it might already have been sold by the time you finish reading this ad.
Features include;
- Fibro and tile construction
- 801m2 Block
- SO CLOSE TO THE BEACH!
- Side Access
- Large shed
- 3 bedrooms
- Family room
- Ceiling fans
- Dishwasher
- Electric hot water system
- Sewer connected
- Excellent tenant in place. Leased until September 2016 at $330p/w
To arrange a viewing or for further information call or email me today, before you miss out!
Property History for 7 Moylan Way, Geographe, WA 6280
- 16 Sep 2020Sold for $320,000
- 20 Dec 2015Sold for $350,000
- 30 Nov 2015Listed for Sale $359,000
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About Geographe 6280
The size of Geographe is approximately 6 square kilometres. It has 8 parks covering nearly 1.9% of total area. The population of Geographe in 2011 was 3,205 people. By 2016 the population was 3,425 showing a population growth of 6.9% in the area during that time. The predominant age group in Geographe is 60-69 years. Households in Geographe are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Geographe work in a trades occupation. In 2011, 58.2% of the homes in Geographe were owner-occupied compared with 64.8% in 2016.
Geographe has 2,553 properties. Over the last 5 years, Houses in Geographe have seen a 114.62% increase in median value, while Units have seen a 106.80% increase. As at 31 October 2024:
- The median value for Houses in Geographe is $883,481 while the median value for Units is $668,161.
- Houses have a median rent of $680 while Units have a median rent of $585.
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