OFF MARKET

115/1 Resort Place
Gnarabup WA 6285

Bedrooms: 2
Bathrooms: 2
Car spaces: -
Floor area: 75m2
Land area: 84m2
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Last updated 16 Sep 2024
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Property Details for 115/1 Resort Pl, Gnarabup

115/1 Resort Pl, Gnarabup is a 2 bedroom, 2 bathroom Unit and was built in 1999. The property has a land size of 84m2 and floor size of 75m2.

Building Type
Unit
Year Built
1999
Floor Size
75m2
Land Size
84m2
Local Government
Augusta Margaret River

Last Listing description (February 2022)

- 2 storey townhouse- Overlooks pool and sauna- Ocean views over pool- Fully furnished- Resort style accommodation- Pool, Sauna, Restaurant, Bar,- 2 Bedroom, 2 Spa ApartmentThis apartment is very low maintenance in a fantastic coastal location. The units are short stay only. Not able to permanently live in. The lesee pays for power/water etc. Owners pay shire & water rates. Fixed income regardless of occupancy.Owners of these very affordable units have many options of use:- Continue to leave in the rental pool and use when you want. This way you receive a monthly income and if you come down to stay, pay owners rates only which vary depending on Peak or Off Peak nightly rates (nb: a Strata Levy Fee is deducted from this income)- Take out of the pool and use yourself or manage yourself to the short stay holiday market. (nb: there is a $3,000.00 Exit Fee but if appropriate notice and timing of that Exit is given as set out in the lease this Fee may be avoided).- Leave vacant and you and your friends use when down.- Have a short stay company manage for you.- Or even somebody who is 'fly In/fly out' which may suit the resort restrictions, the working swing shift and love to surf.

Property History for 115/1 Resort Pl, Gnarabup, WA 6285

A timeline of how this property has performed in the market
  • 03 Dec 2021
    Listed for Sale $354,000
  • 24 May 2015
    Listed for Sale $319,000

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About Gnarabup 6285

The size of Gnarabup is approximately 2.5 square kilometres. It has 4 parks covering nearly 92.4% of total area. The population of Gnarabup in 2011 was 351 people. By 2016 the population was 467 showing a population growth of 33.0% in the area during that time. The predominant age group in Gnarabup is 40-49 years. Households in Gnarabup are primarily couples with children and are likely to be repaying $800 - $999 per month on mortgage repayments. In general, people in Gnarabup work in a managers occupation. In 2011, 61.9% of the homes in Gnarabup were owner-occupied compared with 71.6% in 2016.

Gnarabup has 445 properties. Over the last 5 years, Houses in Gnarabup have seen a 68.28% increase in median value, while Units have seen a 91.59% increase. As at 31 August 2024:

  • The median value for Houses in Gnarabup is $967,366 while the median value for Units is $482,693.
There are currently 7 properties listed for sale, and no properties listed for rent in Gnarabup on OnTheHouse. According to CoreLogic's data, 16 properties were sold in the past 12 months in Gnarabup.

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