1-3/26 Englund StreetBirmingham Gardens NSW 2287
Property Details for 1-3/26 Englund St, Birmingham Gardens
1-3/26 Englund St, Birmingham Gardens is a 9 bedroom, 6 bathroom House with 6 parking spaces. The property has a land size of 770m2.
Last Listing description (February 2024)
Welcome to a unique opportunity - a small, modern complex comprising three individual dwellings, each featuring a spacious 3-bedroom, 2 bathroom, 2 garage layout, less than 10 years old, represent a rare offering in today's market.
The properties showcases a blend of architectural styles with a mix of one single and two double-story dwellings, each equipped with a double garage—a feature seldom found in similar complexes. The design of these villas not only prioritizes comfort and aesthetic appeal but also considers future potential. They are ideally structured for easy strata titling, allowing the maximization of value and enhancing resale prospects.
Located in a prime area, this property stands central to all essential amenities, including the reputable University of Newcastle, making it a highly desirable location for a diverse range of tenants. The inclusion of air conditioning and ceiling fans in each unit ensures comfort throughout the year.
One of the most compelling aspects of this investment is its current tenancy situation. All units are occupied by long-term tenants under existing leases, offering immediate and stable rental income. Furthermore, the current market trends indicate a potential for increasing these rental returns, making this an even more attractive investment opportunity.
- Unit 1 : Currently leased for $550/week until September 2024
- Unit 2 : Currently leased for $520/week until January 2024
- Unit 3 : Currently leased for $550/week until September 2024
This property is an exceptional choice for investors looking for a secure, profitable venture with both immediate returns and prospects for long-term growth.
Land size: Approx 772m2
Rates: Approx $509/qtr
Property History for 1-3/26 Englund St, Birmingham Gardens, NSW 2287
- 30 Nov 2023Listed for Sale $1,500,000 - $1,650,000
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0About Birmingham Gardens 2287
The size of Birmingham Gardens is approximately 0.8 square kilometres. It has 5 parks covering nearly 5.3% of total area. The population of Birmingham Gardens in 2011 was 2,122 people. By 2016 the population was 2,380 showing a population growth of 12.2% in the area during that time. The predominant age group in Birmingham Gardens is 20-29 years. Households in Birmingham Gardens are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Birmingham Gardens work in a professional occupation. In 2011, 58.3% of the homes in Birmingham Gardens were owner-occupied compared with 46.2% in 2016.
Birmingham Gardens has 1,090 properties. Over the last 5 years, Houses in Birmingham Gardens have seen a 67.01% increase in median value, while Units have seen a 43.91% increase. As at 31 October 2024:
- The median value for Houses in Birmingham Gardens is $694,919 while the median value for Units is $571,647.
- Houses have a median rent of $270 while Units have a median rent of $590.
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