494 Geographe Bay Road Abbey WA 6280

3 / 2 / 1 / 1127 m2

Here you can find what you need to know about 494 Geographe Bay Road , including how much it's approximately worth, a history of what it has previously sold for and even the estimated weekly rent. You can also view comparable house and unit for sale and sold prices, information about Abbey, WA and much more.

Property photo of 494 Geographe Bay Road Abbey WA 6280
Property photo of 494 Geographe Bay Road Abbey WA 6280
Property photo of 494 Geographe Bay Road Abbey WA 6280
Property photo of 494 Geographe Bay Road Abbey WA 6280
Property photo of 494 Geographe Bay Road Abbey WA 6280
Property photo of 494 Geographe Bay Road Abbey WA 6280
Property photo of 494 Geographe Bay Road Abbey WA 6280
Property photo of 494 Geographe Bay Road Abbey WA 6280
Property photo of 494 Geographe Bay Road Abbey WA 6280
Property photo of 494 Geographe Bay Road Abbey WA 6280
Property photo of 494 Geographe Bay Road Abbey WA 6280
Property photo of 494 Geographe Bay Road Abbey WA 6280
Property photo of 494 Geographe Bay Road Abbey WA 6280
Property photo of 494 Geographe Bay Road Abbey WA 6280
Property photo of 494 Geographe Bay Road Abbey WA 6280
Property photo of 494 Geographe Bay Road Abbey WA 6280
Property photo of 494 Geographe Bay Road Abbey WA 6280
Property photo of 494 Geographe Bay Road Abbey WA 6280
Property photo of 494 Geographe Bay Road Abbey WA 6280
Property photo of 494 Geographe Bay Road Abbey WA 6280
Property photo of 494 Geographe Bay Road Abbey WA 6280
Property photo of 494 Geographe Bay Road Abbey WA 6280
Property photo of 494 Geographe Bay Road Abbey WA 6280
Property photo of 494 Geographe Bay Road Abbey WA 6280
Property photo of 494 Geographe Bay Road Abbey WA 6280
Property photo of 494 Geographe Bay Road Abbey WA 6280
Property photo of 494 Geographe Bay Road Abbey WA 6280
Property photo of 494 Geographe Bay Road Abbey WA 6280
Property photo of 494 Geographe Bay Road Abbey WA 6280
Property photo of 494 Geographe Bay Road Abbey WA 6280
Property photo of 494 Geographe Bay Road Abbey WA 6280
Property photo of 494 Geographe Bay Road Abbey WA 6280
Property photo of 494 Geographe Bay Road Abbey WA 6280
Property photo of 494 Geographe Bay Road Abbey WA 6280
Property photo of 494 Geographe Bay Road Abbey WA 6280
Property photo of 494 Geographe Bay Road Abbey WA 6280

Property Insights

494 Geographe Bay Road Estimated Value

$900,000 - $1,000,000

About Estimated Values

An automated valuation model estimate (AVM Estimate) is a statistically derived estimate of the sale or rental value (as the context requires) of the subject property. An AVM Estimate is generated (i) by a computer driven mathematical model in reliance on available data; (ii) without the physical inspection of the subject property; (iii) without taking into account market conditions which may, together or separately, affect the value.

An AVM Estimate is current only at the date of publication or supply and must not be relied upon as a professional valuation or an accurate representation of the market sale or rental value of the subject property.

CoreLogic does not warrant the accuracy, currency or completeness of the AVM Estimate and to the full extent permitted by law, CoreLogic excludes all liability for any loss or damage howsoever arising in connection with an AVM Estimate.
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Last sold for $1,250,000 on 08/12/2007

Sale Type: Unknown

Mortgage
Repayment
$743 pw
This calculation is an estimate of weekly mortgage repayments using the estimated property value and a 20% deposit over a 30 year term. The interest rate applied is the average of the big 4 bank's Standard Variable Rates. This tool is only a guide of what your weekly mortgage repayments might be and does not take into account your personal circumstances such as your borrowing power, the lender's home loan product features, the term of any mortgage and does not include all applicable fees and charges that might be applied if you purchase a property. Your actual weekly mortgage repayments may be different. Before acting on this calculation you should seek professional advice.
Estimated
Rent
High confidence
Gross
Cashflow
Estimated
Gross Yield
Medium confidence
Natural Hazard Risk
Example Only
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Pros & Cons

Things to like
  • Above market cashflow potential
  • Cheaper than comparable properties
  • Low risk of losing value
Things to look out for
  • Slower growth than market average

Investment Strategy Scores

See how this property rates against different investment strategies. Learn more

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How we calculate the property Cashflow Score

Each property is given a score out of 100 based on one factor relating to the specific property and one factor relating to the suburb in which the property is located in. Each factor has a specific weighting.

A higher score indicates the property has higher than average estimated gross yield and is located in a suburb with similarly high yielding properties.

This property National
Estimated
Gross Yield
Manly, NSW National
Median
Gross Yield

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.
How we calculate the property Capital Growth Score

Each property is given a score out of 100 based on one factor relating to the specific property and three factors relating to the suburb in which the property is located in. Each factor has a specific weighting.

A higher score indicates the property has recently experienced significant capital growth and the short term outlook for further growth is likely to be good given strong market health indicators.

This property National
Change in Property
Value (1 yr)
Manly, NSW National
Change in Median
Price (1 yr)
Average Days
on Market
Average Vendor
Discounting

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.
How we calculate the property Lower Risk Score

Each property is given a score out of 100 based on two factors relating to the specific property and three factors relating to the suburb in which the property is located in. Each factor has a specific weighting.

A higher score indicates the property has increased in value over a longer period so is less likely to only be due to recent market forces. It is also likely to command higher rent than average and therefore attract higher income tenants. Furthermore, it is likely to be easier to sell in the future due to strong market health indicators in the suburb it is located in.

This property National
Change in Property
Value (5 yr)
Estimated weekly
rent
Manly, NSW National
Average Days
on Market
Change in Median
Price (5 yr)
Average Vendor
Discounting

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.

About this Property

Details

Bedrooms 3
Bathrooms 2
Car Spaces 1
Land Size 1127 m2
Floor Area -
House Type House: One Storey / Lowset
Council Area Busselton
Year Built 1966
Zone RES - Residential
Lot/Plan 122/P054814 Abbey WA
Property Type House

Last listing description (April 2021)

UNDER OFFER - Outstanding Beachfront Lifestyle Opportunity with Panoramic Ocean Views!
Situated opposite a magnificent swimming beach, these 2 adjoining properties can be amalgamated into a superb 2188m2 lot on which you could develop your own fabulous private estate with large residence, tennis court, pool, etc with panoramic ocean views.

492 Geographe Bay Road, Abbey (Lot 121) is 1061m2 in area and is currently vacant.

494 Geographe Bay Road, Abbey (Lot 122) is 1127m2 and includes a 1960's 2 storey, 3 bed, 2 bath beach cottage which you could use whilst planning redevelopment.

Improvements Include:

Downstairs
Single Brick and Hardiplank construction
Under balcony verandah
Living area
Bedroom 3
Laundry with a separate shower and separate WC

Upstairs
Hardiplank
Full length balcony with panoramic ocean views
Kitchen/dining/living area with timber flooring
Kitchen with gas stove and dishwasher
Daiken wall mounted R/C A/C
Large master bedroom with polished timber flooring with panoramic ocean views
Bedroom 2
Bathroom with corner spa bath, vanity unit and WC

External
Approx 5m x 7.5m, timber frame, fibro/asbestos and iron shed

Large beachfront development sites in this location are rarely available for purchase. This is a wonderful opportunity!

Property Timeline

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Suburb Insights

Abbey, WA 6280

No data available Part of: Busselton Council

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Demographic data provided
by Australian Bureau of Statistics

Here you can find everything you need to know about 494 Geographe Bay Road, including the property sale history and estimated market value as well as insights into Geographe Bay Road and Abbey 494 Geographe Bay Road Abbey WA 6280