124 Lyall StreetCowra NSW 2794
Property Details for 124 Lyall St, Cowra
124 Lyall St, Cowra is a 3 bedroom, 1 bathroom Unit with 2 parking spaces and was built in 1980. The property has a land size of 1075m2 and floor size of 125m2. While the property is not currently for sale or for rent, it was last sold in October 2023.
Last Listing description (November 2023)
TWO FOR THE PRICE OF ONE
This property could be ideal for investors as it provides an opportunity to maximize your rental return as the property has 2 separate residential homes on one large 1131 m2 block.
The front home is a comfortable 3-bedroom home with cladding exterior, iron roof, the good-sized lounge room has a split system air conditioner and ceiling fans.
The front home has 3 large bedrooms and a spacious wrap around veranda and the home was built in the 1980's it was built as an upgrade for the owners who had previously lived in the older cottage that sits at the back of the block.
The 2 bedroom cottage at the rear of the property will require some work to bring it suitable for renting, STCA you could maximize the potential rental return from this property and makes it worthy of some consideration.
Rental appraisal: for front home $300-$320/week and for renovated cottage at the rear of property $230-$250/week.
To find out more about this property and to arrange inspections call now for more information, Scott Penning - 6342 3344
James P Keady Pty Limited A Family Company since 1912
DISCLAIMER: All information contained herein is gathered from sources we believe reliable.
We have no reason to doubt its accuracy, however we cannot guarantee it. Interested parties should rely on their own legal advice and the accuracy of the contract.
Property History for 124 Lyall St, Cowra, NSW 2794
- 31 Oct 2023Sold for $370,000
- 11 Oct 2023Listed for Sale $395,000
- 18 Apr 2023Sold
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0About Cowra 2794
The size of Cowra is approximately 893.4 square kilometres. It has 32 parks covering nearly 2% of total area. The population of Cowra in 2011 was 9,730 people. By 2016 the population was 10,057 showing a population growth of 3.4% in the area during that time. The predominant age group in Cowra is 60-69 years. Households in Cowra are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Cowra work in a labourer occupation. In 2011, 67.1% of the homes in Cowra were owner-occupied compared with 66.8% in 2016.
Cowra has 5,975 properties. Over the last 5 years, Houses in Cowra have seen a 61.93% increase in median value, while Units have seen a 26.53% increase. As at 31 October 2024:
- The median value for Houses in Cowra is $376,451 while the median value for Units is $240,398.
- Houses have a median rent of $375 while Units have a median rent of $230.
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