Page 2 - CMA-2/39B GALBRAITH ROAD, PEGS CREEK, WA 6714
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Gemma Louise Gill; Shaun James Crowley
                   2/39b Galbraith Road
                   Pegs Creek, WA, 6714




                   Dear Shaun & Gemma

                   RE: Property Appraisal

                   Thank you for your invitation to appraise your property and provide you with an appraisal as
                   to what your property may be worth in today's market.
                   There have not been a lot of compaqrable sales in Pegs Creek, however gauging the
                   demand for modern homes close to Karratha, if it hit the market today the demand could be
                   very high.

                   With the renovations, the pool, the overall presentation of the property and the proximity to
                   schools and recreation areas, buyers would find this property very appealing and could
                   acheive competative bidding.

                   We have based this appraisal on current market conditions as well our extensive
                   knowledge of the property market in the local area.

                   Should you have any questions relating to the information contained with this document
                   please feel free to contact me on the details below.
                   Thank you again for the opportunity to access your property and for considering the
                   services of our office. I look forward to working with you soon.


                   Kind Regards


                   David Campbell
                   LREA in Karratha










                   atrealty - David Campbell
                   Level 29, 221 St Georges Terrace,
                   Perth, WA 6000.
                   Email: davidcampbell@atrealty.com.au
                   Phone: 0419 838 042
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