OFF MARKET

73 Fitzroy Avenue
Cowra NSW 2794

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 79m2
Land area: 1621m2
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Property Details for 73 Fitzroy Ave, Cowra

73 Fitzroy Ave, Cowra is a 3 bedroom, 2 bathroom House with 2 parking spaces and was built in 1930. The property has a land size of 1621m2 and floor size of 79m2. While the property is not currently for sale or for rent, it was last sold in July 2017.

Building Type
House
Year Built
1930
Floor Size
79m2
Land Size
1621m2
Local Government
Cowra
Lot/Plan
18/1/DP5791

Last Listing description (December 2022)

Looking for a property with a high rental yield, plus a future development option?

Well 73 Fitzroy Avenue, Cowra offers all of this!

With the main home being a comfortable two bedroom cottage featuring a modern gallery style kitchen and bathroom, excellent heating and cooling with reverse cycle split system air conditioning plus a cosy gas log style heater. In addition the home exterior is finished in low maintenance cladding and has pleasant verandas on both the front and back of the home.
Currently rented for $310 per week.

The second income is from the tastefully designed single bedroom accommodation that boasts a modern open style of living including a combined kitchen/ living area, bathroom and bedroom that is accessed by a covered veranda area.
Currently rented for $250 per week, making a total of $560 per week rental yield.

In addition there is undercover accommodation for two cars and an adjoining lockable storage area.

To complete the package is the fact that the land size is 1,619m2 and is zoned residential meaning it is ideal for further development.

Developers Note: The adjoining property may also be available for sale, this property being 1,612m2 in land size. Combining the two makes a total of 3,231m2 of residential zoned land in turn potentially allowing for a larger scale housing/unit development.
A potential development option would be to retain the existing houses and build another 4/5 dwellings. (STCA)

For further information or to arrange your private inspection please call Andrew Molloy on 0427 426 888.

Property History for 73 Fitzroy Ave, Cowra, NSW 2794

A timeline of how this property has performed in the market
Last Sold
$170,000
19 Jul 2017
Listed for Rent
$250/w
14 Jun 2022
  • 19 Jul 2022
    Listed for Sale Price Range $399,000 - $439,000
  • 07 Jun 2022
    Listed for Rent - Price not available
  • 23 Oct 2020
    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 5,980 properties. Over the last 5 years, Houses in Cowra have seen a 69.38% increase in median value, while Units have seen a 22.03% increase. As at 30 November 2024:

  • The median value for Houses in Cowra is $387,653 while the median value for Units is $285,532.
  • Houses have a median rent of $375 while Units have a median rent of $230.
There are currently 40 properties listed for sale, and 2 properties listed for rent in Cowra on OnTheHouse. According to CoreLogic's data, 248 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.