OFF MARKET

5-7 Laburnum Avenue
Casino NSW 2470

Bedrooms: 6
Bathrooms: 2
Car spaces: 2
Land area: 454m2
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Property Details for 5-7 Laburnum Ave, Casino

5-7 Laburnum Ave, Casino is a 6 bedroom, 2 bathroom Unit with 2 parking spaces. The property has a land size of 454m2.

Building Type
Unit
Land Size
454m2
Local Government
Richmond Valley
Lot/Plan
101/DP810638

Last Listing description (February 2017)

This set of 6 units has a history of great return over many years and continues to be 100% tenanted.
Investments like this do not come on the market often and this one has returns of almost 10% of asking price, better than any bank and a good super investment. There are six 2 bedroom units with the complex being brick and colorbond construction, two story high with external stairs and balcony's with views to the mountains.
If you are looking for a great investment with tenants in place this would suit you.

Opportunity to also purchase two by 3 bedroom units next door.

Call David today 0400026181

Property History for 5-7 Laburnum Ave, Casino, NSW 2470

A timeline of how this property has performed in the market
  • 08 Dec 2016
    Listed for Sale Not Disclosed

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About Casino 2470

The size of Casino is approximately 90.3 square kilometres. It has 31 parks covering nearly 2.5% of total area. The population of Casino in 2011 was 10,557 people. By 2016 the population was 10,909 showing a population growth of 3.3% in the area during that time. The predominant age group in Casino is 0-9 years. Households in Casino are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Casino work in a labourer occupation. In 2011, 62.5% of the homes in Casino were owner-occupied compared with 60.4% in 2016.

Casino has 5,933 properties. Over the last 5 years, Houses in Casino have seen a 71.03% increase in median value, while Units have seen a 47.22% increase. As at 31 August 2024:

  • The median value for Houses in Casino is $475,573 while the median value for Units is $349,460.
  • Houses have a median rent of $478 while Units have a median rent of $350.
There are currently 83 properties listed for sale, and 11 properties listed for rent in Casino on OnTheHouse. According to CoreLogic's data, 314 properties were sold in the past 12 months in Casino.

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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.