9 Debenham StreetMawson ACT 2607
Property Details for 9 Debenham St, Mawson
9 Debenham St, Mawson is a 5 bedroom, 5 bathroom House with 4 parking spaces and was built in 1965. The property has a land size of 716m2 and floor size of 136m2. While the property is not currently for sale or for rent, it was last sold in July 2019.
Last Listing description (November 2022)
You're not likely to encounter many properties like this in your travels. 9 Debenham Street sits on a large, flat and level block in one of Canberra's most popular suburbs. This could be the ideal blank canvas you've been waiting for, but in the meantime it has been set up for a very specific purpose...making money.
In its current configuration, this versatile home contains not one, but five rental properties. It is currently yielding nearly $1,000 per week to the current owner, and has been constantly rented with long-term tenants since they took over. What's even better, is that for 5 lots of income, you are only paying one set of rates and land tax.
The main residence in the home is a spacious 1 bedroom flat, with a separate lounge, kitchen and bathroom. This is completely private from the rest of the property, and has its own separate entry. This gives it great versatility, as you could live here and rent out the other 4 properties, massively subsidising your mortgage and getting you into the property market at a fraction of the normal ongoing cost, all while building an asset for yourself.
Of course, you could also wipe the slate clean, and either gut the house or rebuild on the block, which would get you a new home, backing reserve in a terrific location, and while you are getting your plans drawn up, you can be earning a much higher income from the property than any other renovator or knockdown you are likely to find.
What's on offer:
- Single bedroom self-contained flat with 4 additional self-contained studios attached
- Rental potential over $1,000 per week
- Large, flat block backing reserve
Walk to:
- Southlands Mawson
- Swinger Hill Shops
- Mawson Oval
Easy access to:
- Woden Town Centre
- Canberra Hospital
- Cooleman Court
- CBD
- Canberra Airport
- Fyshwick
Property History for 9 Debenham St, Mawson, ACT 2607
- 16 Feb 2022Listed for Sale Forthcoming AUCTION
- 08 Aug 2019Listed for Rent $165 / week
- 19 Jul 2019Sold for $710,000
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About Mawson 2607
The size of Mawson is approximately 2.2 square kilometres. It has 16 parks covering nearly 35.4% of total area. The population of Mawson in 2011 was 2,920 people. By 2016 the population was 3,236 showing a population growth of 10.8% in the area during that time. The predominant age group in Mawson is 30-39 years. Households in Mawson are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Mawson work in a professional occupation. In 2011, 59.4% of the homes in Mawson were owner-occupied compared with 58.2% in 2016.
Mawson has 1,726 properties. Over the last 5 years, Houses in Mawson have seen a 53.58% increase in median value, while Units have seen a 22.85% increase. As at 31 October 2024:
- The median value for Houses in Mawson is $1,098,797 while the median value for Units is $498,224.
- Houses have a median rent of $670 while Units have a median rent of $600.
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