FOR SALE
$1,390,000 - $1,460,000

112 Budgewoi Road
Noraville NSW 2263

Bedrooms: 5
Bathrooms: 3
Car spaces: 2
Land area: 696m2
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Opposite Beach - Returning $1,215p/w

TRIPLE INCOME - PRICED TO SELL
THREE PROPERTIES IN ONE! - Across the road from the Beach!
Three separate rental incomes! This property is extremely rare!
3 Properties for the price of one! MASSIVE HOUSE!
This huge residence is separated into 3 properties each with individual tenants & rental incomes currently returning $1,215.00 per week, but this could be increased further for an even better return!
The opportunities are endless here! - Look what you could do!
1) Live in one of the properties and rent the other 2 out & have them pay the mortgage!
2) You could potentially Airbnb this property for even further cash flow! - 3 Separate short term rentals maximise the return! OR live in one & Airbnb the other 2 properties! ( A Business opportunity in itself! STCA) !
3) Keep the property as is and increase the rent & receive massive rental returns across the road from the beach instantly, also having a low maintenance property in your portfolio with amazing Tax Depreciation as a bonus!
4) Buy with family or friends and move into the property! - As it currently separated into 3 units, you could all throw in funds and break into the property market in a joint venture!
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Property Details for 112 Budgewoi Rd, Noraville

112 Budgewoi Rd, Noraville is a 5 bedroom, 3 bathroom House with 2 parking spaces. The property has a land size of 696m2. The place is currently for sale with LJ Hooker Budgewoi.

Building Type
House
Land Size
696m2

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About Noraville 2263

The size of Noraville is approximately 2 square kilometres. It has 10 parks covering nearly 14.2% of total area. The population of Noraville in 2011 was 2,697 people. By 2016 the population was 2,888 showing a population growth of 7.1% in the area during that time. The predominant age group in Noraville is 50-59 years. Households in Noraville are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Noraville work in a trades occupation. In 2011, 68.4% of the homes in Noraville were owner-occupied compared with 67.9% in 2016.

Noraville has 1,414 properties. Over the last 5 years, Houses in Noraville have seen a 66.75% increase in median value, while Units have seen a 54.78% increase. As at 30 November 2024:

  • The median value for Houses in Noraville is $891,386 while the median value for Units is $620,020.
  • Houses have a median rent of $560 while Units have a median rent of $320.
There are currently 6 properties listed for sale, and 4 properties listed for rent in Noraville on OnTheHouse. According to CoreLogic's data, 46 properties were sold in the past 12 months in Noraville.

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Suburb Insights for Noraville 2263

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Norman Schwarz
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Damian Montgomery
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LJ Hooker Budgewoi
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