15 Meibusch St, Rangeville is a 2 bedroom, 1 bathroom DuplexSemi-detached with 1 parking spaces. The property has a land size of 617m2. While the property is not currently for sale or for rent, it was last sold in August 2024. There are other 2 bedroom DuplexSemi-detached sold in Rangeville in the last 12 months.
Discover a fantastic investment opportunity with this solid duplex, perfectly positioned in the heart of Rangeville. This property features two well-proportioned 2-bedroom units:
• Unit 1: Has had an update, currently earning $265 per week until November 4, 2024, with a new appraisal suggesting a potential rent of $350 per week.
• Unit 2: Maintains its original condition, currently earning $230 per week until February 5, 2025, with a new appraisal suggesting a potential rent of $300 per week.
Both units offer:
• 2 built-in bedrooms
• 1 bathroom
• Open-plan kitchen and living areas
• Single carport
Conveniently located just a short stroll from parkland, local shopping centres, and within the Rangeville State School catchment, this duplex is set in a quiet, peaceful area with superb tenants who keep the property immaculate. With a combined current rental return of $495 per week, and possibility of a future return of $650 per week this is an excellent investment opportunity.
Don't miss out on this prime location with great rental potential!
The size of Rangeville is approximately 8.2 square kilometres. It has 25 parks covering nearly 18.3% of total area. The population of Rangeville in 2011 was 8,216 people. By 2016 the population was 8,313 showing a population growth of 1.2% in the area during that time. The predominant age group in Rangeville is 40-49 years. Households in Rangeville are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Rangeville work in a professional occupation. In 2011, 72.6% of the homes in Rangeville were owner-occupied compared with 71.8% in 2016.
Rangeville has 4,125 properties. Over the last 5 years, Houses in Rangeville have seen a 61.70% increase in median value, while Units have seen a 67.87% increase. As at 31 July 2024:
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