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A Lifestyle Investment
Located in a small low-rise complex of only 23 units, this modest, yet well laid out one-bedroom home makes a terrific first home or ideal investment with good returns.
With super low interest rates available, increasing rental yields and combined record low rental vacancy rates all adding up to there's never been a better time to stop renting or start investing.
With Scarborough Beach (only 800 metres away) as your front yard and all amenities very nearby, you'll never be without somewhere to go or something to do from a heading out on the Town, to a quiet picnic with friends and loved ones watching the sun rise or set over beautiful Scarborough Beach.
The home is a must to view for First Home Buyers and Investors as it has everything set for you to live the coastal life or is ready to lease out as a solid investment.
Property features
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Carports
1
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Floor area
44m2
Property snapshot by reiwa.com
This property at 3/173 Elliott Road, Scarborough is a one bedroom, one bathroom unit sold by Kyle Peters at Abel Property Rentals on 31 Jan 2021.
Looking to buy a similar property in the area? View other one bedroom properties for sale in Scarborough or see other recently sold properties in Scarborough.
Cost breakdown
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Council rates: $1,314 / year
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Water rates: $1,100 / year
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Strata fees: $706 / quarter
Nearby schools
Scarborough overview
Home to one of the most iconic beaches in Perth, Scarborough is a desirable coastal suburb within the City of Stirling. Its five square kilometre land area is predominantly used for residential purposes, though it does have a significant entertainment precinct that attracts people from all over the Perth metropolitan area and beyond.
Life in Scarborough
At the heart of Scarborough is the Scarborough Beach precinct. A popular ocean foreshore, it houses a hotel, a variety of shops, restaurants and of course a beautiful coastline.
There are several parks and reserves in Scarborough, such as Abbett Park which provides locals with sporting facilities for football, squash, lawn bowls, tennis and cricket. There are also two primary schools, a library and a community recreation centre within the suburb.
Scarborough quick stats
High end
$1.3m
Median
$1.1m
Low end
$865k
15.9 %
Annual growth
$1.1m
Annual median sales price
$850pw
Annual median rental price
