FOR SALE
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1 President Street
Kalgoorlie WA 6430

Bedrooms: 8
Bathrooms: 4
Car spaces: 4
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FOUR Street front houses with rental yield of 8.9%! Walking distance to shopping centre and park

FOUR HOUSES!
Total rental yield of 8.9% all together.
Unit A & B are currently tenanted, showcasing its appeal as an investment opportunity. Currently leased at $450 per week.
Unit C is freshly painted, newly renovated with new laminate flooring & new curtains. Can rent up to $520 per week.
Unit D is currently leased at $500 per week.
These four homes are ideal for investors to include in your investment portfolio as positive cash flow income.
Step inside to discover an open-plan layout seamlessly integrating the kitchen, meals, and family area. This design fosters a spacious and interconnected living space, perfect for social gatherings and day-to-day activities.
Outside, the secure yard offers a tranquil outdoor space for relaxation or entertaining, enhancing the property's liveability. The property requires minimal maintenance, making it perfectly suitable for those with busy lifestyles, offering a harmonious blend of comfort, convenience, and modern living.
Property Features:
- 4 units available
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Property Details for 1 President St, Kalgoorlie

1 President St, Kalgoorlie is a 8 bedroom, 4 bathroom Unit with 4 parking spaces. The place is currently for sale with Starlight Property Group.

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About Kalgoorlie 6430

The size of Kalgoorlie is approximately 3.9 square kilometres. It has 9 parks covering nearly 18% of total area. The population of Kalgoorlie in 2011 was 4,244 people. By 2016 the population was 3,917 showing a population decline of 7.7% in the area during that time. The predominant age group in Kalgoorlie is 20-29 years. Households in Kalgoorlie are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Kalgoorlie work in a trades occupation. In 2011, 47.3% of the homes in Kalgoorlie were owner-occupied compared with 49.6% in 2016.

Kalgoorlie has 2,697 properties. Over the last 5 years, Houses in Kalgoorlie have seen a 60.33% increase in median value, while Units have seen a 92.36% increase. As at 31 October 2024:

  • The median value for Houses in Kalgoorlie is $352,408 while the median value for Units is $276,904.
  • Houses have a median rent of $600 while Units have a median rent of $500.
There are currently 34 properties listed for sale, and 37 properties listed for rent in Kalgoorlie on OnTheHouse. According to CoreLogic's data, 149 properties were sold in the past 12 months in Kalgoorlie.

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