5 Waugoola StreetCowra NSW 2794
Property Details for 5 Waugoola St, Cowra
5 Waugoola St, Cowra is a 3 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 1004m2. While the property is not currently for sale or for rent, it was last sold in June 2019.
Last Listing description (April 2013)
LOOK AT THIS 8.9% GROSS RETURN
LOCATED IN WAUGOOLA STREET (CENTREL NORTH COWRA), THESE FLATS HAVE BEEN MANAGED BY L.J. HOOKER FOR MANY YEARS. IF YOU'RE LOOKING TO INVEST IN REAL ESTATE WITH GOOD CASH FLOW, THEN THIS COULD BE YOUR LUCKY DAY. THE OWNER HAS HAD EXCELLENT RETURNS BUT RELUCTANTLY DECIDED TO SELL. THERE ARE TWO 3 B/R FLATS, EACH FLAT HAS AN OPEN KITCHEN/DINNING/LIVING AREA, A TILED BATHROOM AND SEPEARTE LAUNDRY. THERE ARE BIWS IN EACH OF THE BEDROOMS.ALL THREE FLATS HAVE THEIR OWN CARPORT AND SINGLE GARAGE AVALIABLE. THEY HAVE BEEN WELL MAINTAINED WITH SOME POTENTIAL FOR UPDATING TO ADD VALUE TO YOUR INVESTMENT. THE OCCUPANCY RATE OVER THE YEARS HAS BEEN VERY GOOD. ALL OF THE FLATS ARE CURRENTLY TENANTED. TWO ARE ON MARKET RENT AND 1 IS APPROX. $10 BELOW MARKET. COWRA'S VACANCY RATE IS LOW. (APPROX. 2.5%) PROPERTY TITLE IS NOT STRATA TILE AND I DO NOT FEEL THEY ARE SUITABLE TO BE STRATA-ED. GROSS RENT IS $615 PW ($31,980 PA). RATES FOR THE PROPERTY ARE APPROX. $2,816.60 PA AND A WATER ACCESS CHARGE OF $280 PA. YOU DO THE NUMBERS BUT AN APPROX. 8.9% GROSS RETURN IS PRETTY GOOD FOR A RESIDENTIAL INVESTMENT. (PLUS YOUR CAPITAL GROWTH) A PROPERTY OF THIS QUALITY, IN THIS LOCATION, SHOWING THIS RETURN WILL NOT LAST LONG! CALL TODAY!
Property History for 5 Waugoola St, Cowra, NSW 2794
- 21 Dec 2020Sold
- 06 Jun 2019Sold for $1
- 18 Apr 2013Sold for $340,000
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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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