9 Frances Ct, Ashmont is a 12 bedroom, 4 bathroom Unit. The property has a land size of 1001m2. While the property is not currently for sale or for rent, it was last sold in August 2006.
A sensational opportunity for the astute investor to secure a sound long term income. Of brick and tile construction & comprising 4 x three bedroom freestanding villas with combined lounge/dining areas and double lock up garages.
Secure tenancies in place and currently returning in excess of $61,300 per annum or over six percent on asking price.
Quietly tucked away in cul-de-sac location and access to private recreational area and tennis court. Only a very short drive to educational, shopping and entertainment facilities, these properties have it all.
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 1,928 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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