Hi Shahin,

Well this is normal for most of the villas and units here in Western Australia.

And the suburb has not many units as most of them are expensive houses?

Cheers,

np

Shahin,

It says its water rates are approx. 200 per quarter and starta rates are 160 per quarter, Interest I believe is around 400 per week.

The unit is opposite to Amstel Park reserve (kind of forest), but just behind it there is a new children(general) park getting built plus it is in proximity of the local primary school as well, major shopping Centre is 4mins (1.5km) far.

What I am worried about is given the lower land size (228sqm), is it a trend that villa and units tend to depreciate and not appreciate?

As my research shows that property built in 08 has same price tag till now. However, larger properties near it have slightly fallen.

Thanks

np 

Thanks Jamie and Shahin,

Shahin, how / where can I check the net yield of the property, sorry but I still a beginner in this market.

Jamie, yes thats right, I'll try and purchase another property after I have made some equity in this one?

I have check the old listings, and have noticed that the most of the prices for larger properties near by in last couple of years have been going down.

Let me know if you require more information.

Thanks,