FOR SALE
$410,000

5 Oak Street
Bonalbo NSW 2469

Bedrooms: 3
Bathrooms: 2
Car spaces: -
Land area: 944m2
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Outstanding Investment With High Return Potential

Welcome to 5 Oak Street Bonalbo,
This Tidy property features two dwellings that have been separately rented to nurses at the local hospital.
Located in the booming town of Bonalbo sits this charming property. Bonalbo is a fast growing and absolute hidden gem to raise your family, retire or purchase an investment property that will receive great returns. Bonalbo has all the amenities you desire as well as a great welcoming community.
The main residence features 2 spacious bedrooms newly renovated inside, including a open plan living area perfect for modern day living. The granny flat is a neat and tidy 1 bedroom self contained studio. Both have their own covered veranda's and the garage has a covered awning, perfect for outdoor entertaining with family or friends.
Please note both dwelling's share a laundry.
The tidy yard has been well maintained with loads of established fruit trees planted throughout to cleverly utilise the space.
Rental Return estimate: 580 - 600 per week
Call Alex Gibbon today to arrange a private inspection!

Property Details for 5 Oak St, Bonalbo

5 Oak St, Bonalbo is a 3 bedroom, 2 bathroom House. The property has a land size of 944m2. The place is currently for sale with Ray White Gibbon Property Partners.

Building Type
House
Land Size
944m2

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About Bonalbo 2469

The size of Bonalbo is approximately 85.9 square kilometres. It has 2 parks covering nearly 11.6% of total area. The population of Bonalbo in 2011 was 543 people. By 2016 the population was 347 showing a population decline of 36.1% in the area during that time. The predominant age group in Bonalbo is 50-59 years. Households in Bonalbo are primarily childless couples and are likely to be repaying $450 - $599 per month on mortgage repayments. In general, people in Bonalbo work in a labourer occupation. In 2011, 74.5% of the homes in Bonalbo were owner-occupied compared with 63.5% in 2016.

Bonalbo has 301 properties. Over the last 5 years, Houses in Bonalbo have seen a 146.55% increase in median value. As at 30 November 2024:

  • The median value for Houses in Bonalbo is $409,502 while the median value for Units is $142,251.
  • Houses have a median rent of $350.
There are currently 5 properties listed for sale, and no properties listed for rent in Bonalbo on OnTheHouse. According to CoreLogic's data, 9 properties were sold in the past 12 months in Bonalbo.

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Alex Gibbon
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