3 Yallambee Place Karawara - 24-08-20

Appraisal of
3 Yallambee Place Karawara

SARDELIC

REAL E STATE

24th August 2020

Dear Narelle and Gerrad,
Thank you for the opportunity to assess the current market value of your property,
located at 3 Yallambee Place Karawara.

This appraisal package includes the following information and we trust that you will find it
useful:
1. Your Property Details
2. Property Summary
3. Recent Sales
4. Ma rk eting fe es
5 . Selling fee
6. Photographs
7. Summary

We thank you for this opportunity. We are delighted at the prospect of discussing your
future property needs.

Kind Regards,

Simmon Sardelic
Director / Licensee
Sardelic Real Estate

1. PROPERTY DETAILS

ADDRESS 3 Yallambee Place Karawara

TITLE NAME Narelle Collins and Gerrad Meiers

LOT& PLAN • Lot 291 on P011414

VOLUME / FOLIO 1448/138
INTERNAL AREA 255 sqm 4 bedroom 2 bathroom

LAND AREA 725 sqm

2 CAR BAYS 2 lock up garages
TOTAL AREA
YEAR BUILT 725 sqm
2008 (RP Data)

2. PROPERTY SUMMARY

As a cross reference I have assessed the land and buildings as follows.

• Build replacement at original cost = $352,000 + internal soft furnishings.
• (Includes pool allocation of $20,000)
• 12 years of depreciation -$ 77,000
• Depreciated value of improvements $275,000
• Land value assessment $525,000 -$550,000

Estimated Land & Building value $825,000

It is fair to assume that the comparison I have used above was negotiated during the
Pandemic which in past analysis of similar sale values during the worst period indicated a
reduction of 3-5 % on base line values this therefore adds to the equation of the same
formula and therefore reflects an upside to $850,000 -$865,000.

As discussed, this is based on all maintenance and cosmetic appearance being
completed.

3. RECENT SALES

4 2 2 151m2 578m2
13 Burnett Road Manning WA
6152
Sold Price: $900,000
Sold Date: 22 February 2020
Distance from Subject: 0.4km
Features: Mcdougall Park, 1 Dining Rooms, 1
Family / Rumpus Rooms, 1 Lounge Rooms,
Brick, 1 No of Games Rooms, 1 No of
Kitchens,

3 2 2 171m2 856m2
50 Bradshaw Crescent Manning
WA 6152
Sold Price: $930,000
Sold Date: 06 August 2020
Distance from Subject: 0.7km
Features: Manning, 1 Dining Rooms, 1
Lounge Rooms, Brick, 1 No of Kitchens, 1 No
of Meals Rooms, 1 No of Study Rooms,
Garages Umr: 2,

4 2 2 201m2 499m2
49 Bruce Street Como WA 6152

Sold Price: $900,000
Sold Date: 08 June 202

5 2 3 221m2 794m2
6 Tralee Way Waterford WA
6152
Sold Price: $875,000
Sold Date: 24 November 2019
Distance from Subject: 0.9km
Features: Waterford, Dishwasher, 1 Lounge
Rooms, Parquerty, BRICK, 1 No of Kitchens, 1
No of Meals Rooms, 1 No of Study Rooms,
Garages

4 2 2 186m2 725m2
11 Kilkenny Circle Waterford
WA 6152
Sold Price: $885,000
Sold Date: 22 February 2020
Distance from Subject: 1km
Features: Waterford, 1 Dining Rooms, 1 Family
/ Rumpus Rooms, 1 Lounge Rooms, BRICK, 1 No
of Games Rooms, 1 No of Kitchens, 1 No of
Meals

4 2 2 206m2 497m2
53 Axford Street Como WA
6152
Sold Price: $1,080,000

SOLD BY SIMMON SARDELIC

House

Most recent sale Negotiated in Kararwara

4. MARKETING FEES

At Sardelic Real Estate we discuss with you the ultimate marketing campaign and then tailor
the best package to suit your property. The recovery of these costs can be finalized at
settlement, preventing any out of pocket expenses for you before a result has been achieved.

The marketing package which we would recommend for you includes:
 Professional Photography—$165 (inc GST)
 Internet Advertising on all Major Real Estate Websites
 “Highlight” listing on realestate.com.au —$908 (inc GST)
 6 ft by 4 ft Photo Signboard —$160 (inc GST)

Advertising Budget: $1,233 (inc GST)

5. SELLING FEE

This holistic approach will powerfully establish your property in the market and generate
maximum buyer enquiry. The negotiation & closing skills, dedication & attention to timing
that our company representatives bring to the process are impossible to quantify. It is these
qualities that will guarantee you the best outcome and the mark the point of difference
between Sardelic Real Estate and your standard agency.

6. PHOTOGRAPHS

7. IN SUMMARY

We appreciate the opportunity to appraise your property. We trust that this content has
provided you with an insight into our company & how we operate and will assist you in
making the decision to entrust Sardelic Real Estate to sell your property when the time
comes.

At Sardelic Real Estate we strongly believe that we are able to secure the best possible
outcome for you…..the highest achievable price, with the least amount of stress and
inconvenience. We feel certain you will not regret nor be disappointed with your decision
if you should choose to list your property with us.

Thank you again for the opportunity appraise your property and we look forward to
working with you.

Kind Regards,

Simmon Sardelic
Director / Licensee
Sardelic Real Estate