OFF MARKET

124 Warrah Drive
Calala NSW 2340

Bedrooms: 4
Bathrooms: 3
Car spaces: 2
Floor area: 284m2
Land area: 713m2
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Property Details for 124 Warrah Dr, Calala

124 Warrah Dr, Calala is a 4 bedroom, 3 bathroom House with 2 parking spaces and was built in 2018. The property has a land size of 713m2 and floor size of 284m2. While the property is not currently for sale or for rent, it was last sold in July 2018.

Building Type
House
Year Built
2018
Floor Size
284m2
Land Size
713m2
Local Government
Tamworth Regional
Lot/Plan
102/DP1237568

Last Listing description (April 2020)

Burke & Smyth Commercial are pleased to offer for Auction as a whole or separately 120, 122 & 124 Warrah Drive, Tamworth. These are newly constructed homes for people with disability, with two of these homes built to meet the Fully Accessible Specialist Disability Accommodation requirements under the NDIS. The homes have been leased to Enlarge Living; and they work closely with Brighter Access who provide 24/7 Supported Independent Living to the participants who reside there. These are high yielding investments offering long term leases and good depreciation benefits.

-Current lease term: 10 years + 5 years + 5 years

-Net Rent: $127,000 Per Annum
-Outgoings: Paid by the tenant
-Annual Increase: CPI
-Circa 9 - 9.5% Net Return
-Tenant: Enlarge Living Group Pty Ltd
-Land Size: 713m2

Property History for 124 Warrah Dr, Calala, NSW 2340

A timeline of how this property has performed in the market
Last Sold
$165,000
05 Jul 2018
  • 24 Jan 2020
    Listed for Sale Auction - 18th February 2020
  • 05 Jul 2018
    Sold for $165,000

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About Calala 2340

The size of Calala is approximately 63 square kilometres. It has 5 parks covering nearly 0.1% of total area. The population of Calala in 2011 was 3,450 people. By 2016 the population was 3,943 showing a population growth of 14.3% in the area during that time. The predominant age group in Calala is 0-9 years. Households in Calala are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Calala work in a professional occupation. In 2011, 75.2% of the homes in Calala were owner-occupied compared with 70.1% in 2016.

Calala has 2,077 properties. Over the last 5 years, Houses in Calala have seen a 62.05% increase in median value, while Units have seen a 74.38% increase. As at 31 October 2024:

  • The median value for Houses in Calala is $609,578 while the median value for Units is $439,084.
  • Houses have a median rent of $530 while Units have a median rent of $355.
There are currently 14 properties listed for sale, and 4 properties listed for rent in Calala on OnTheHouse. According to CoreLogic's data, 118 properties were sold in the past 12 months in Calala.

Suburb Insights for Calala 2340

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.