FOR SALE
$2,500,000

1-8/219a Fitzroy Street
Dubbo NSW 2830

Bedrooms: 16
Bathrooms: 8
Car spaces: 8
Land area: 1458m2
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Exceptional Investment Opportunity in Central Dubbo

Nestled in the heart of Central Dubbo, this block of 8 well-maintained units presents an outstanding chance for savvy investors. Located within easy access of parks and local amenities, these units offer both convenience and lifestyle appeal for tenants, making them an ideal choice for long-term rental stability.
The block comprises:
•Eight low-maintenance units, each offering 2 bedrooms and 1 bathroom.
•An open plan design that seamlessly connects the kitchen and lounge areas, creating a spacious and
comfortable living environment.
•Undercover off-street parking for each unit, adding an extra layer of convenience for residents.
•Four first-floor units, each boasting a private north-facing balcony, perfect for enjoying Dubbo's sunny days.
•Four ground-floor units, each with a welcoming north-facing porch, offering tenants a relaxing outdoor space.
What truly makes this property stand out is its projected annual gross rental income of $146,640, positioning it as a lucrative investment with impressive returns. In a city like Dubbo, where the rental market remains strong, this block of units is primed for success, appealing to a broad range of renters seeking comfort, accessibility, and a central location.
Whether you're looking to expand your portfolio or secure your first major investment, this property offers unparalleled value in a growing regional hub. Central Dubbo is thriving, and opportunities like this are rare-don't miss your chance to own a piece of it today.
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Property Details for 1-8/219a Fitzroy St, Dubbo

1-8/219a Fitzroy St, Dubbo is a 16 bedroom, 8 bathroom BlockOfUnits with 8 parking spaces. The property has a land size of 1458m2. The place is currently for sale with Raine & Horne Dubbo.

Building Type
BlockOfUnits
Land Size
1458m2

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About Dubbo 2830

The size of Dubbo is approximately 998.7 square kilometres. It has 56 parks covering nearly 4.8% of total area. The population of Dubbo in 2011 was 32,327 people. By 2016 the population was 38,944 showing a population growth of 20.5% in the area during that time. The predominant age group in Dubbo is 0-9 years. Households in Dubbo are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Dubbo work in a professional occupation. In 2011, 62.3% of the homes in Dubbo were owner-occupied compared with 63.2% in 2016.

Dubbo has 22,197 properties. Over the last 5 years, Houses in Dubbo have seen a 71.35% increase in median value, while Units have seen a 64.35% increase. As at 30 November 2024:

  • The median value for Houses in Dubbo is $539,191 while the median value for Units is $385,732.
  • Houses have a median rent of $495 while Units have a median rent of $380.
There are currently 148 properties listed for sale, and 101 properties listed for rent in Dubbo on OnTheHouse. According to CoreLogic's data, 1049 properties were sold in the past 12 months in Dubbo.

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Ken Mongan
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Raine & Horne Dubbo
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