38 Kaloona Dr, Bourkelands is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 2009. The property has a land size of 726m2 and floor size of 167m2. While the property is not currently for sale or for rent, it was last sold in August 2012.
Set and forget investment
What more could you want than a hassle free tenant for the next 9 years and an extra option for another three years.
This four bedroom house is only three years old and is located in the popular suburb of Bourkelands, approximately 7kms from Wagga Wagga CBD.
Features include:
Approximately 167sqm of living
Carpeted formal lounge
Kitchen with Island bench
Tiled open plan family and dining area
Ensuite and walk-through robe situated off the master bedroom
Remaining bedrooms fitted with built-in robes
Main bathroom with shower, bath, vanity and separate toilet
Covered outdoor area
Low maintenance landscaping
Double garage
Currently leased for $1,978.44 per month showing an approx return of 5.83%. The lease term expires on 16 August 2021 with an option for a further 3 years. Investment is subject to the terms of the lease. A copy is available upon request.
The size of Bourkelands is approximately 2.1 square kilometres. It has 2 parks covering nearly 16.5% of total area. The population of Bourkelands in 2011 was 2,298 people. By 2016 the population was 2,843 showing a population growth of 23.7% in the area during that time. The predominant age group in Bourkelands is 0-9 years. Households in Bourkelands are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Bourkelands work in a professional occupation. In 2011, 73.6% of the homes in Bourkelands were owner-occupied compared with 71.3% in 2016.
Bourkelands has 1,277 properties. Over the last 5 years, Houses in Bourkelands have seen a 56.30% increase in median value, while Units have seen a 46.13% increase. As at 31 July 2024:
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