FOR SALE
1.2M-1.4M

490 Pinjarra Road
Furnissdale WA 6209

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 4200m2
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Fantastic, Unique Investment!

A rare and unique investment opportunity is on offer here in the highly sought after, ever growing Riverglades Private Estate. This opportunity consists of 20 blocks on land all in the 200 square metre range, are all occupied with tenanted units, with the tenants all being locked in for the next 5 years including a 4% increase every year!
These blocks have fantastic rental yield, a 0% vacancy rate, no maintenance requirements and 100% of the rent is always paid on time making this opportunity a secure investment for your future.
The Riverglades Private Estate is a unique property development situated on the banks of the Serpentine River it is secluded and quiet yet so close to all your local amenities with the Mandurah forum & train station being just a 5 minute drive away and the picturesque Dolphin Quay and Mandurah foreshore just 10 minutes away!
Give Ray Wilson a call on 0403 417 710 for further information on this fantastic investment opportunity!

Property Details for 490 Pinjarra Rd, Furnissdale

Building Type
Land
Land Size
4200m2

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About Furnissdale 6209

The size of Furnissdale is approximately 6.9 square kilometres. It has 8 parks covering nearly 6.7% of total area. The population of Furnissdale in 2011 was 1,027 people. By 2016 the population was 1,040 showing a population growth of 1.3% in the area during that time. The predominant age group in Furnissdale is 60-69 years. Households in Furnissdale are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Furnissdale work in a trades occupation. In 2011, 71.8% of the homes in Furnissdale were owner-occupied compared with 73.3% in 2016.

Furnissdale has 606 properties. Over the last 5 years, Houses in Furnissdale have seen a 81.12% increase in median value, while Units have seen a 155.70% increase. As at 30 November 2024:

  • The median value for Houses in Furnissdale is $783,829 while the median value for Units is $214,347.
  • Houses have a median rent of $250.
There are currently 5 properties listed for sale, and no properties listed for rent in Furnissdale on OnTheHouse. According to CoreLogic's data, 36 properties were sold in the past 12 months in Furnissdale.

Suburb Insights for Furnissdale 6209

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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.