17 Napier PlaceWarrnambool VIC 3280
Property Details for 17 Napier Pl, Warrnambool
17 Napier Pl, Warrnambool is a 3 bedroom, 2 bathroom House with 2 parking spaces and was built in 2017. The property has a land size of 182m2 and floor size of 150m2. While the property is not currently for sale or for rent, it was last sold in November 2020.
Last Listing description (May 2019)
Have you been looking for a quality built home with the ease of low maintenance of living. At Napier Place, there are 3, 2 bedroom townhouses left at the price of $285,000; 21 and 22 which are under construction and at this stage and will still have some stamp duty savings, with a proposed completion date of August 2018. This is the time to: Save 'off the plan', affordable living, carpets, curtains, fly wire screens on all windows and double sliding door on the second story, secure, private, low maintenance, spacious, northern aspect outdoor living, choice of 2/3 bedrooms, single/double garage.
Townhouses 14, 15 and 16 are the next stage for completion Dec 2018 with the slab not poured yet. 14 and 16 are 3 bedroom plus a study, 2 living areas, double garage with a balcony overlooking the oval which are priced at $435,000.
15 and 18 are a 2 bedroom townhouse, priced at $315,000 and are the middle units.
The last set of proposed construction and completion are due December 2018, with full completion of the overall subdivision December 2019. The next set of the subdivision, will be at a higher selling price, of approximately $320,000 for the two bedroom townhouses. There will also be some 3 bedroom townhouses with a study, two living rooms and with a double garage available at $435,000.
For The Investor
When you are considering investment opportunities; New versus old dwellings - your accountant can help you understand how you will be able to receive substantial depreciation benefits;
Some people consider 7% Gross annual return to be quite attractive, how these are of far greater benefit.
With Napier place you can depreciate the building (value say $150,000) over 40 years, at a rate of 2.5%, and then there is the accelerated depreciation on average at say 15% on all of the items such as appliances, fittings and fixtures. So approximately on say $50,000 you could be looking at 15%, $7,500 of accelerated appreciation.
Assuming you are in the 37% marginal tax bracket, this would mean a claim of approx. $11,250 x 0.37 = $4162 (approx.)
Effectively you would be receiving an extra $80.00 per week approx. I am working on an approximate rental figure of $320 per week.
Therefore, the gross return would effectively be more like $20,800 per annum on a property cost of $285,000 = effectively approx. 7.3%
Your accountant would advise which would be the best for your situation. And of course the above figures are estimates only. Substantial tax benefits in buying NEW as an investment property.
*Images are an example of the quality, fixtures and style*
Property History for 17 Napier Pl, Warrnambool, VIC 3280
- 05 Nov 2020Sold for $420,000
- 21 May 2018Listed for Sale $420,000
Recent sales nearby
See more recent sales nearby
/assets/perm/yp3um27ke4i63lrp7njeo6ywyu?signature=75d23908c177647d72ad5d6a97f5d987f7d3af4a8a25bf81d21d957ce3e44573){kind=logo}
0
/assets/perm/dshr5xcayei6zpu2yosjb3kvq4?signature=e69895fe2ad577928f2d0806781e618abe8bb11b06b2d984d560744e3670ee9d){kind=logo}
0
Similar properties For Sale nearby
See more properties for sale nearby
0
0
0Similar properties For Rent nearby
See more properties for rent nearby
0
0
0
About Warrnambool 3280
The size of Warrnambool is approximately 65.1 square kilometres. It has 76 parks covering nearly 6.4% of total area. The population of Warrnambool in 2016 was 29661 people. By 2021 the population was 31308 showing a population growth of 5.6% in the area during that time. The predominant age group in Warrnambool is 60-69 years. Households in Warrnambool are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Warrnambool work in a professional occupation.In 2021, 67.10% of the homes in Warrnambool were owner-occupied compared with 63.70% in 2016.
Warrnambool has 19,815 properties. Over the last 5 years, Houses in Warrnambool have seen a 44.74% increase in median value, while Units have seen a 35.85% increase. As at 30 November 2025:
- The median value for Houses in Warrnambool is $639,953 while the median value for Units is $409,315.
- Houses have a median rent of $580 while Units have a median rent of $450.
Suburb Insights for Warrnambool 3280
Market Insights
Warrnambool Trends for Houses
N/A
N/A
View TrendN/A
N/A
Warrnambool Trends for Units
N/A
N/A
View TrendN/A
N/A
Neighbourhood Insights
© Copyright 2025. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.
While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.
This product uses cookies and other similar technologies to improve and customise your browsing experience, to tailor content and adverts, and for analytics and metrics regarding visitor usage on this product and other media. We may share cookie and analytics information with third parties for the purposes of advertising. By continuing to use our website, you consent to cookies being used. View our Privacy Policy here.
X
