3 Malta Cres, Ashmont is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1960. The property has a land size of 588m2 and floor size of 78m2. While the property is not currently for sale or for rent, it was last sold in September 2020.
This property would be one of Wagga's best investment properties right now, current tenants of over 7 years are prepared to sign a new 2 year lease at $220 per week, giving this property a gross yearly return of 7.38%. Owner occupiers can also consider this property as the current lease is not on a fixed term.
Looked after as if it was their own, the property has beautifully maintained gardens and lawns throughout both the front and rear yard. The secure rear yard has a covered entertaining area with single car sized shed, moving inside the house has 3 bedrooms, an updated kitchen with dinning off to the side, good sized lounge room, tidy bathroom, updated carpet and paint and reverse cycle split system. Nestled in a nice quiet street you have to be quick as investments like this don't come along very often.
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 1,925 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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