11 Sepik Rd, Ashmont is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1975. The property has a land size of 592m2 and floor size of 78m2. While the property is not currently for sale or for rent, it was last sold in April 2020.
Investors will appreciate the strong gross return of around 5.5% from this sound residential investment. The tenant is a potential long term tenant paying $240 per week with the current lease set to expire in March 2023.
The home comprises three bedroom with built in wardrobes. The lounge room at the entrance has a gas bayonet heater and there is a meals area off the kitchen.
+ New instantaneous gas hot water
+ New gas cooktop and electric stove
+ New blinds and carpet in 2020
+ Single carport and garden shed
Current Lease: $240 per week - lease expires 22 March 2023
Land Area: 588.10 m2
Council Rates: $1,702.00 per annum
The size of Ashmont is approximately 2.4 square kilometres. It has 9 parks covering nearly 13.5% of total area. The population of Ashmont in 2011 was 4,024 people. By 2016 the population was 3,830 showing a population decline of 4.8% in the area during that time. The predominant age group in Ashmont is 0-9 years. Households in Ashmont are primarily single parents and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Ashmont work in a labourer occupation. In 2011, 48.9% of the homes in Ashmont were owner-occupied compared with 46.2% in 2016.
Ashmont has 1,926 properties. Over the last 5 years, Houses in Ashmont have seen a 75.56% increase in median value, while Units have seen a 72.45% increase. As at 31 October 2024:
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