16 Meramie StreetCaerleon NSW 2850
Property Details for 16 Meramie St, Caerleon
16 Meramie St, Caerleon is a 4 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 455m2 and floor size of 160m2. While the property is not currently for sale or for rent, it was last sold in August 2024. There are other 4 bedroom House sold in Caerleon in the last 12 months.
Last Listing description (August 2024)
This modern four-bedroom home, set on a low-maintenance 455 sqm lot, represents an ideal investment opportunity with its attractive rental returns and exceptional tax efficiency. Featuring a potential rental income of $700 per week, this property offers a lucrative set-and-forget strategy for wealth creation. Located in a rapidly growing area with promising infrastructure developments nearby, this property requires minimal upkeep while maximizing rental yield, making it a smart and efficient choice for investors.
- Modern Four bedroom home set on lot maintenance 455 sqm lot
- Exceptional investment proposition, potential $700 a week rental
- Stone kitchen features abundance storage and modern appliances
- Remote double lock up garage with internal access
- Spacious living/dining flows onto a private undercover alfresco area
- Separate media room, could also suit home office of 5th Bedroom
- Growth location, incredible infrastructure proposed nearby
- Attractive rental proposition with minimal upkeep and tax efficiency
Property History for 16 Meramie St, Caerleon, NSW 2850
- 21 Aug 2024Sold for $667,500
- 26 Jul 2024Listed for Sale $667,500
- 10 Jul 2024Listed for Rent $690 / week
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0About Caerleon 2850
The size of Caerleon is approximately 5.5 square kilometres. It has 1 park covering nearly 0.2% of total area. The population of Caerleon in 2011 was 9,829 people. By 2016 the population was 10,912 showing a population growth of 11.0% in the area during that time. The predominant age group in Caerleon is 0-9 years. Households in Caerleon are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Caerleon work in a trades occupation. In 2011, 60.8% of the homes in Caerleon were owner-occupied compared with 59.7% in 2016.
Caerleon has 488 properties. Over the last 5 years, Houses in Caerleon have seen a 67.08% increase in median value. As at 31 July 2024:
- The median value for Houses in Caerleon is $816,598 while the median value for Units is $545,146.
- Houses have a median rent of $700.
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