OFF MARKET

2/97 Smiths Beach Road
Yallingup WA 6282

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 72m2
Land area: 104m2
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Property Details for 2/97 Smiths Beach Rd, Yallingup

2/97 Smiths Beach Rd, Yallingup is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1994. The property has a land size of 104m2 and floor size of 72m2. While the property is not currently for sale or for rent, it was last sold in May 2017.

Building Type
Unit
Year Built
1994
Floor Size
72m2
Land Size
104m2
Local Government
Busselton
Lot/Plan
2/S064014

Last Listing description (March 2018)

Situated in small exclusive development fronting stunning Smiths Beach Yallingup in the Margaret River Wine Region, this fully furnished apartment is a unique and very special holiday investment property which presents owners opportunity for holiday enjoyment in an amazing beachfront location.
It is on its own Strata Title and is fully professionally managed to produce rental returns to the Buyer and still be used for holiday enjoyment by the owner, family or friends.
Its stunning location offers great potential for rental growth with improving occupancy and owners are free to set their own rental rate and book any period to suit their own holiday needs.

The apartment has tiled floors throughout and includes two spacious bedrooms, bathroom and large open plan living area with fully equipped kitchen, dining and lounge opening to 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 40 minutes by car from the Busselton - Margaret River Regional Airport which is currently being upgraded with potential for interstate and international flights offering this apartment terrific rental income growth potential. It could also be an excellent self-managed super fund investment. Inspection is only by appointment.

Property History for 2/97 Smiths Beach Rd, Yallingup, WA 6282

A timeline of how this property has performed in the market
Last Sold
$530,000
02 May 2017
  • 23 Nov 2017
    Listed for Sale $625,000
  • 02 May 2017
    Sold for $530,000
  • 28 Mar 2017
    Listed for Sale EXPRESSIONS OF INTEREST

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About Yallingup 6282

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 1,430 properties. Over the last 5 years, Houses in Yallingup have seen a 83.25% increase in median value, while Units have seen a 229.91% increase. As at 30 November 2024:

  • The median value for Houses in Yallingup is $1,628,489 while the median value for Units is $473,415.
  • Houses have a median rent of $950.
There are currently 16 properties listed for sale, and no properties listed for rent in Yallingup on OnTheHouse. According to CoreLogic's data, 40 properties were sold in the past 12 months in Yallingup.

Suburb Insights for Yallingup 6282

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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.