FOR SALE
$250,000 to $275,000

50 Severn Street
Deepwater NSW 2371

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Land area: 1315m2
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Ideal for First Home Buyers and Investors

Nestled in the heart of Deepwater, 50 Severn Street embodies a harmonious blend of comfort, convenience, and boundless potential. It extends a warm welcome to both first-time homebuyers seeking their ideal abode and astute investors eyeing promising opportunities in the real estate market.
Currently under lease until November 2024 at $280.00 per week, this property offers a steady income stream, presenting a lucrative proposition for investors.
The residence boasts three bedrooms, accommodating the needs of families or providing ample space for storage or a home office, with one bedroom featuring a built-in robe for added convenience.
Stepping into the inviting lounge room, one is greeted by a space where contemporary living seamlessly intertwines with comfort. Equipped with air conditioning, this room serves as a sanctuary for relaxation, ensuring year-round comfort and enjoyment for its occupants.
The bathroom features a practical layout, complete with a shower over the bath, ensuring convenience and privacy. A separate toilet, located within the laundry, further enhances functionality.
An external second toilet adds an extra layer of convenience, catering to the needs of both residents and guests.
Embracing the beauty of the outdoors, the sunroom provides a serene retreat where natural light floods the space, allowing one to immerse themselves in the tranquility of the surroundings while remaining sheltered and snug.
The recent installation of new carpet throughout the home adds a touch of luxury, enveloping the space in comfort and freshness.
Situated on an expansive 1,315m² fully fenced block, this property offers a private oasis for its occupants. The vast outdoor space presents endless possibilities for outdoor activities, gardening ventures, and moments of relaxation amidst nature's embrace.
A generous 19.5 x 4m shed awaits, offering ample storage space or serving as a canvas for various hobbies and creative projects.
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Property Details for 50 Severn St, Deepwater

50 Severn St, Deepwater is a 3 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 1315m2. The place is currently for sale with Country Wide Property.

Building Type
House
Land Size
1315m2

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About Deepwater 2371

The size of Deepwater is approximately 506.3 square kilometres. It has 8 parks covering nearly 10.4% of total area. The population of Deepwater in 2011 was 319 people. By 2016 the population was 449 showing a population growth of 40.8% in the area during that time. The predominant age group in Deepwater is 60-69 years. Households in Deepwater are primarily childless couples and are likely to be repaying $300 - $449 per month on mortgage repayments. In general, people in Deepwater work in a managers occupation. In 2011, 76.4% of the homes in Deepwater were owner-occupied compared with 75.5% in 2016.

Deepwater has 427 properties. Over the last 5 years, Houses in Deepwater have seen a 108.87% increase in median value. As at 30 September 2024:

  • The median value for Houses in Deepwater is $279,201.
  • Houses have a median rent of $210.
There are currently 16 properties listed for sale, and 2 properties listed for rent in Deepwater on OnTheHouse. According to CoreLogic's data, 15 properties were sold in the past 12 months in Deepwater.

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Matthew Velcich
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