FOR SALE
$375,000

44 West Street
South Kempsey NSW 2440

Bedrooms: 3
Bathrooms: 1
Car spaces: -
Land area: 561.8m2
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Investment Opportunity in South Kempsey

This investment opportunity in South Kempsey presents a strategic location within walking distance (less than 1km away) to the local High School, Primary School and Preschool, making it convenient for families. The 3 Bedroom, 1 Bathroom property is currently occupied by long-term tenants who are paying $365 per week, ensuring a stable income.
Features of the property include:
- 3 Bed, 1 Bath home
- Vinyl in the kitchen/dining/hall
- Carpet in bedrooms and loungeroom
- Air-conditioning
- Ceiling fans
- Security screens
- Secure yard - full perimeter fencing
This investment property offers a unique opportunity for those seeking to get into the local real estate marketing - the property's proximity to amenities and its existing rental income make it an exciting option for investors.
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Property Details for 44 West St, South Kempsey

44 West St, South Kempsey is a 3 bedroom, 1 bathroom House. The property has a land size of 561.8m2. The place is currently for sale with STONE REAL ESTATE KEMPSEY.

Building Type
House
Land Size
561.8m2

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About South Kempsey 2440

The size of South Kempsey is approximately 66.3 square kilometres. It has 8 parks covering nearly 28.7% of total area. The population of South Kempsey in 2011 was 2,466 people. By 2016 the population was 2,309 showing a population decline of 6.4% in the area during that time. The predominant age group in South Kempsey is 0-9 years. Households in South Kempsey are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in South Kempsey work in a professional occupation. In 2011, 59.4% of the homes in South Kempsey were owner-occupied compared with 62.3% in 2016.

South Kempsey has 1,565 properties. Over the last 5 years, Houses in South Kempsey have seen a 55.55% increase in median value, while Units have seen a 88.63% increase. As at 31 August 2024:

  • The median value for Houses in South Kempsey is $418,728 while the median value for Units is $469,534.
  • Houses have a median rent of $455 while Units have a median rent of $350.
There are currently 32 properties listed for sale, and 2 properties listed for rent in South kempsey on OnTheHouse. According to CoreLogic's data, 65 properties were sold in the past 12 months in South kempsey.

Suburb Insights for South Kempsey 2440

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Carlos Peters
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STONE REAL ESTATE KEMPSEY
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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.