OFF MARKET

222/1 Resort Place
Gnarabup WA 6285

Bedrooms: -
Bathrooms: 1
Car spaces: -
Land area: 49m2
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Last updated 6 Jan 2025
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Property Details for 222/1 Resort Pl, Gnarabup

222/1 Resort Pl, Gnarabup is a 0 bedroom, 1 bathroom Unit. The property has a land size of 49m2.

Building Type
Unit
Land Size
49m2
Local Government
Augusta-Margaret River

Last Listing description (July 2022)

First to negotiate will buy.- Second Floor Studio Apartment- Fully Furnished- Resort Style Accommodation- Pool, Sauna, Restaurant, Bar- Recently renovated with new kitchen and bathroom and paint.Overlooking a fully landscaped garden, playground area, the apartment boasts some ocean views as well. Solidly built, the apartment is very low maintenance in a fantastic coastal location, smack dab in the middle of a world class surf region. Family & friends can walk with ease to the White Elephant Cafe at Gnarabup & nearby family friendly swimming beaches or simply laze around the pool and adjoining bar & restaurant, The Common. And the kids can muck about on the nearby sports ground.Owners of these very affordable units have many options of use:- Continue to leave in the rental pool and use when you can. This way you receive a monthly income of $1,531.55 and if you come down to stay, you pay owners rates which vary depending on Peak or Off Peak Season. Note: 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.Note: There is a $3,000 exit fee but if appropriate notice and timing of that exit as set out in the lease, this exit may be avoided.- Leave vacant and you and friends use when down.- Have a short stay company manage for you.- Or even somebody who is fly in fly out and wants to base themselves close to the waves! Note any one person not able to occupy the unit for more than three months in any calendar year.

Property History for 222/1 Resort Pl, Gnarabup, WA 6285

A timeline of how this property has performed in the market
  • 13 Jan 2022
    Listed for Sale $235,000 Or Best Offer

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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 443 properties. Over the last 5 years, Houses in Gnarabup have seen a 98.52% increase in median value, while Units have seen a 63.27% increase. As at 31 December 2024:

  • The median value for Houses in Gnarabup is $1,128,122 while the median value for Units is $449,426.
There are currently 5 properties listed for sale, and no properties listed for rent in Gnarabup on OnTheHouse. According to CoreLogic's data, 20 properties were sold in the past 12 months in Gnarabup.

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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.