18/97 Smiths Beach Rd, Yallingup is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 1994. The property has a land size of 157m2 and floor size of 117m2. While the property is not currently for sale or for rent, it was last sold in June 2021.
Situated in small exclusive development fronting stunning Smiths Beach, Yallingup in the Margaret River Wine Region, this executive 157m2 apartment is a unique and very special holiday investment property which presents owners opportunity for holiday enjoyment in an amazing beachfront location. The apartment is on its own Strata Title and is fully professionally managed to produce a rental return to the buyer whilst still being available for use when not booked, for holiday enjoyment by the owner, family or friends. Its stunning location offers potential for rental growth with improving occupancy, with owners able free to set their own rental rate. The apartment is fully furnished and includes 2 spacious beds, 2 baths, A/C and large open plan living area with fully equipped kitchen, dining and lounge opening onto paved outdoor verandah area, all with magnificent ocean outlook. Located only a short drive from fabulous wineries, breweries, restaurants, family and surf beaches, golf courses and the towns of Yallingup, Dunsborough, Busselton and Margaret River. It is also less than 40mins by car from the Busselton - Margaret River Regional Airport offering this apartment terrific rental income growth potential. Inspection only by appointment.
The size of Yallingup is approximately 75.3 square kilometres. It has 3 parks covering nearly 40.2% of total area. The population of Yallingup in 2011 was 970 people. By 2016 the population was 1,033 showing a population growth of 6.5% in the area during that time. The predominant age group in Yallingup is 40-49 years. Households in Yallingup are primarily childless couples and are likely to be repaying $3000 - $3999 per month on mortgage repayments. In general, people in Yallingup work in a professional occupation. In 2011, 77.9% of the homes in Yallingup were owner-occupied compared with 74.6% in 2016.
Yallingup has 1,426 properties. Over the last 5 years, Houses in Yallingup have seen a 95.04% increase in median value, while Units have seen a 55.49% increase. As at 31 August 2024:
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