SOLD
Sold on 26 Feb 2024 for $425,000

50 Kite Street
Cowra NSW 2794

Bedrooms: 3
Bathrooms: 2
Car spaces: 6
Floor area: 135m2
Land area: 1012m2
Sold By
Andrew Molloy
Flemings Cowra
David Fagan
Flemings Cowra
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Property Details for 50 Kite St, Cowra

50 Kite St, Cowra is a 3 bedroom, 2 bathroom House with 6 parking spaces and was built in 1950. The property has a land size of 1012m2 and floor size of 135m2. While the property is not currently for sale or for rent, it was last sold in February 2024. There are other 3 bedroom House sold in Cowra in the last 12 months.

Building Type
House
Year Built
1950
Floor Size
135m2
Land Size
1012m2
Local Government
Cowra
Lot/Plan
6/11/DP977420

Last Listing description (March 2024)

Flemings Cowra is pleased to present 50 Kite Street, Cowra to the market for sale.

A fantastic opportunity to purchase a investment property with excellent long term tenants in place, plus the option to rent out the shed separately and boast the rental yield.

Feature include:

- Four bedrooms
- Main bedroom boasting a ensuite and walk in wardrobe
-Two living areas
- Reverse cycle air conditioning ceiling fans and a gas connection keeping the home the ideal temperature all year round
- Outside offers patio areas at the front, side and rear of the home allowing for the perfect place to enjoy the outdoors at anytime of the day
- Beautiful established gardens
- The house yard is fully fenced with a double carport and garden shed
- Separately fenced and accessible via a concrete driveway at the side of the home is a 12 x 6m* colorbond shed, with two roller doors, a pedestrian door and power.
- The house currently has a long term tenant with a rental income of $350 per week, whilst the shedding at the rear of the home can be rented separately for a potential rental return of $120* per week.

All of this is situated on a 1,012sqm* parcel of land, just 2.1km* to the main street of Cowra.

For further information or to arrange your private inspection please call Flemings Cowra.

Please note: As the home is currently tenanted a minimum of 48 hours notice will need to be given prior to any inspections.

* = Approximate

All information contained here is gathered from sources we believe to be reliable. However, we cannot guarantee its accuracy and interested persons should rely on their own enquiries.

Property History for 50 Kite St, Cowra, NSW 2794

A timeline of how this property has performed in the market
Last Sold
$425,000
26 Feb 2024
Listed for Rent
$295/w
11 Sep 2019
  • 26 Feb 2024
    Sold for $425,000
  • 30 Oct 2023
    Listed for Sale Not Disclosed
  • 11 Sep 2019
    Listed for Rent - Price not available
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About 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 5,976 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.
There are currently 49 properties listed for sale, and 6 properties listed for rent in Cowra on OnTheHouse. According to CoreLogic's data, 264 properties were sold in the past 12 months in Cowra.

Suburb Insights for Cowra 2794

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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.