Waikiki, WA, 6169, Australia

NDIS-SDA properties are hard to find and this package is a stand-out.

Located in The City of Rockingham Council 50 km South of Perth, WA, Waikiki is away from the hustle and bustle of the city without having to compromise on life's essentials.

Location

Nestled along the stunning coastline of Western Australia, Waikiki embodies a harmonious blend of coastal serenity and modern living. With its pristine beaches and picturesque vistas, it offers a tranquil yet vibrant lifestyle for residents. Conveniently connected to major roadways, such as Safety Bay Road and the nearby Kwinana Freeway, commuting to the thriving Rockingham employment center and Perth's city center is effortless. Located just a short drive from Perth, Waikiki provides the perfect opportunity for a relaxed coastal lifestyle while keeping urban amenities within easy reach. Its proximity to Perth Airport ensures smooth travel connections, making it an ideal place for those seeking a coastal paradise with the convenience of city access. Experience the best of both worlds in Waikiki, where coastal charm meets contemporary comfort along the Western Australian shoreline.

About the Property

- House and land package – 2-part land and build contracts
- Land area is from 405sqm and land is registered
- Home is 3.3.2 | 2P + OOA
- Full turnkey.
- Fast build times


The Market

Median house price
2023 – $490K
1 Year growth rate: 11.4%
5 Year growth rate: 7%
Vacancy rate – 0.8%
Rental population – 21%

The Key Numbers

As of July 2023 the SDA pricing will be increased, this includes High Physical Support, Improved Liveability, and Robust. For an in-depth explanation of the new pricing, talk to our sales team.


High Physical Support
SDA Income - $85,326 per participant
MRRC - $11,000 per participant
Location Factor - 1.02
Potential Total Income | $196,065
Potential Yield – 20.7%


Improved Liveability
SDA Income - $70,995 per participant
MRRC - $11,000 per participant
Location Factor - 1.02
Potential Total Income | $166,830
Potential Yield – 17.6%

*Please note that these numbers are based on 2 participants only. Numbers may vary

Ready to get started?

Get in touch. You can secure this property with just $2,000 initial deposit. Make your move soon though as this is going to sell quickly.


Disclaimer
We have in preparing this information used our best endeavours to ensure the information that has been provided is true and accurate. The images and renders provided in this listing by the builder are for illustrative purposes only. They may contain fixtures, furniture or finishing not available for this design. Clients need to refer to the building contract for specific details on specifications and inclusions specific to any property. Specifications and inclusions are subject to change over time. Meridien Group does not accept any responsibility for variations to specifications ad inclusions made by the builder. Financial information is an estimate only and is not warranted or guaranteed. Refer to investment reports for specific details.