FOR SALE
$875,000 - $895,000

8 Newlands Crescent
Kelso NSW 2795

Bedrooms: 5
Bathrooms: 3
Car spaces: 2
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DUAL INCOME : INVESTMENT OPPORTUNITY

Opportunity for the savvy investor . This dual key property has a combined rent of $910 p/w and with the current leases in place means set and forget.Built in 2019* this property boasts modern design and contemporary decor and is low maintenance. Block size 761m2*
Potential in time to live in one and rent out the other or have the in-laws or parents close.
#8 Offers 3 bedrooms ,ensuite the the main bedroom and a main bathroom, galley style kitchen with a meals area and adjacent lounge room, outdoor covered alfresco entertaining,single garage with internal access and split system heating and cooling for year round comfort and a secure fenced rear yard. $500p/w leased till Jan 2025
#8A Offers 2 bedrooms ,main bathroom, open plan design with a sleek kitchen and breakfast bar which opens onto the covered alfresco entertaining , single garage with internal access, split system heating and cooling for year round comfort and a secure fenced rear yard. $410p/w leased till Feb 2025
Inspection recommended
Rates $3300.00* p/a
* approximately

Property Details for 8 Newlands Cres, Kelso

8 Newlands Cres, Kelso is a 5 bedroom, 3 bathroom DuplexSemi-detached with 2 parking spaces. The place is currently for sale with @realty.

Building Type
DuplexSemi-detached

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About Kelso 2795

The size of Kelso is approximately 31.8 square kilometres. It has 19 parks covering nearly 4% of total area. The population of Kelso in 2011 was 7,725 people. By 2016 the population was 8,947 showing a population growth of 15.8% in the area during that time. The predominant age group in Kelso is 0-9 years. Households in Kelso are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Kelso work in a professional occupation. In 2011, 69.7% of the homes in Kelso were owner-occupied compared with 68.2% in 2016.

Kelso has 5,131 properties. Over the last 5 years, Houses in Kelso have seen a 57.48% increase in median value, while Units have seen a 74.67% increase. As at 31 July 2024:

  • The median value for Houses in Kelso is $741,696 while the median value for Units is $488,962.
  • Houses have a median rent of $540 while Units have a median rent of $380.
There are currently 72 properties listed for sale, and 14 properties listed for rent in Kelso on OnTheHouse. According to CoreLogic's data, 244 properties were sold in the past 12 months in Kelso.

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Karen Moke
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@realty
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