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1/2 Kalbarri Cres
Peregian Springs QLD 4573

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Land area: 149m2
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Duplex Dream: Invest not Once but Twice in Peregian Springs - Must Be Sold

Welcome to an exceptional investment opportunity in the heart of Peregian Springs Estate! On offer are not one, but TWO adjoining duplexes, ideally situated just minutes from stunning beaches, local schools, and a variety of new cafes and restaurants, as well as vibrant sporting complexes. Each duplex features 3 spacious bedrooms, 2 bathrooms, and a 2-car garage, making them perfect for families or investors seeking high rental demand.
Both units are currently rented, generating a combined income of $1260 per week, with leases set to expire in October and November 2024. This offers you the flexibility to either keep both units as rental investment properties, live in one, or rent one out while enjoying the other!
Features You Will Love:
- Dual Income Potential: Currently rented at $610 and $650 per week, offering immediate cash flow.
- Flexible Living Options: Ideal for investors or those seeking flexible family arrangements.
- Modern Design: Both duplexes feature contemporary layouts with spacious living areas and ample natural light.
- Low Maintenance: Well-maintained properties that require minimal upkeep.
- Community Amenities: Close to parks, playgrounds, and recreational facilities, perfect for families.
- Local Cafes and Restaurants: A short stroll to a variety of new cafes and restaurants for dining and socialising.
- Ideal Location: Enjoy easy access to beautiful beaches, shopping, and excellent local schools.
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Property Details for 1/2 Kalbarri Cres, Peregian Springs

1/2 Kalbarri Cres, Peregian Springs is a 3 bedroom, 2 bathroom DuplexSemi-detached with 2 parking spaces. The property has a land size of 149m2. The place is currently for sale with Stack & Co Property Consultants.

Building Type
DuplexSemi-detached
Land Size
149m2

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About Peregian Springs 4573

The size of Peregian Springs is approximately 5.7 square kilometres. It has 22 parks covering nearly 34.1% of total area. The population of Peregian Springs in 2011 was 3,948 people. By 2016 the population was 7,054 showing a population growth of 78.7% in the area during that time. The predominant age group in Peregian Springs is 0-9 years. Households in Peregian Springs are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Peregian Springs work in a professional occupation. In 2011, 64.3% of the homes in Peregian Springs were owner-occupied compared with 60% in 2016.

Peregian Springs has 4,024 properties. Over the last 5 years, Houses in Peregian Springs have seen a 85.07% increase in median value, while Units have seen a 56.44% increase. As at 31 October 2024:

  • The median value for Houses in Peregian Springs is $1,236,436 while the median value for Units is $870,260.
  • Houses have a median rent of $800 while Units have a median rent of $680.
There are currently 48 properties listed for sale, and 8 properties listed for rent in Peregian springs on OnTheHouse. According to CoreLogic's data, 216 properties were sold in the past 12 months in Peregian springs.

Suburb Insights for Peregian Springs 4573

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Michael Stack
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Naseya Sparrow
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Stack & Co Property Consultants
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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.