7A Victoria StreetArgenton NSW 2284
Property Details for 7a Victoria St, Argenton
7a Victoria St, Argenton is a 4 bedroom, 2 bathroom House. The property has a land size of 506m2. While the property is not currently for sale or for rent, it was last sold in August 2024. There are other 4 bedroom House sold in Argenton in the last 12 months.
Last Listing description (September 2024)
This unique property offers a fantastic opportunity for homeowners and investors alike. Offering a comfortable 2-bedroom original weatherboard residence with the addition of a modern fully detached 2-bedroom & 1 bathroom granny flat. This property is perfect for families that require mutigenerational living or investors looking for a premium investment return with multiple income streams.
Nestled in the charming neighbourhood of Argenton on a corner 512 sqm block, the property offers not only a durable main house currently rented for $450 per week and a separate modern granny flat that is currently leased for $375 per week, providing a total rental return of $825 per week. Based on the asking price this shows a rental yield for investors of approximately 5% or greater.
The main house boasts 2 generous sized bedrooms with b/in robes in the main, spacious living areas with split system air-conditioning, a functional well-appointed kitchen, bathroom with single vanity and a fully enclosed private front and rear yard.
Fully detached and separate from the main house with its own entry and driveway access, the single level villa/granny flat boasts 2 bedrooms and 1 bathroom. The granny flat also features a spacious living room, quality kitchen with quality stainless steel appliances, floating floorboards throughout, split system air conditioning, a lovely main bathroom and internal laundry. The granny flat property has a private enclosed yard for extra privacy and small pets. Having the granny flat option is ideal for extended family/guests to stay or for an owner that would like to earn a supplement income whilst living in the main home.
Situated in the heart of Argenton, you'll enjoy convenient access to local amenities, schools, parks, and transport links.
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Property History for 7a Victoria St, Argenton, NSW 2284
- 16 Aug 2024Sold
- 01 Aug 2024Listed for Sale UNDER OFFER
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About Argenton 2284
The size of Argenton is approximately 1.4 square kilometres. It has 6 parks covering nearly 43.6% of total area. The population of Argenton in 2011 was 1,370 people. By 2016 the population was 1,365 showing a population decline of 0.4% in the area during that time. The predominant age group in Argenton is 20-29 years. Households in Argenton are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Argenton work in a labourer occupation. In 2011, 63.6% of the homes in Argenton were owner-occupied compared with 60.9% in 2016.
Argenton has 683 properties. Over the last 5 years, Houses in Argenton have seen a 66.88% increase in median value, while Units have seen a 65.92% increase. As at 31 October 2024:
- The median value for Houses in Argenton is $700,818 while the median value for Units is $576,843.
- Houses have a median rent of $580 while Units have a median rent of $513.
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