Case Study · Bunabury, Western Australia (WA)

18 Yorla Road, Carey Park, WA 6230

+73.08% Capital Growth$247,000 Equity Gained7.4% Rental Yield
18 Yorla Road, Carey Park, WA 6230

The Story

Prime Pursuit Properties secured this property in Bunabury, Western Australia (WA) for our client at $338,000. Since settling 23 months ago, the property has performed strongly. It has grown 73.08% in value, now worth $585,000 — an equity gain of $247,000.

Purchase vs. Today

Purchase Price$338,000
Current Value$585,000

Funding Breakdown

Loan Amount$304,200
Deposit / Funds Required$33,800

Based on a 90% LVR at purchase.

Timeline

Settled
24 July 2024
Today
23 months later
≈ 38.1%/yr growth

The Numbers

Purchase Price
$338,000
Current / Sold Value
$585,000
Capital Growth
73.08%
Equity Gained
$247,000
Rental Yield
7.4%
LVR
90%
Time to Settlement
1 year, 10 months
Settlement Date
24 July 2024

Highlights

  • 73.08% capital growth since purchase
  • $247,000 equity gained
  • 7.4% rental yield
  • Acquired with 90% LVR — low deposit required
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