1 Reakes AvenueDubbo NSW 2830
Property Details for 1 Reakes Ave, Dubbo
1 Reakes Ave, Dubbo is a 2 bedroom, 1 bathroom Unit with 3 parking spaces and was built in 1972. The property has a land size of 462m2 and floor size of 62m2. While the property is not currently for sale or for rent, it was last sold in June 2024. There are other 2 bedroom Unit sold in Dubbo in the last 12 months.
Last Listing description (August 2024)
Unlock the potential of a prime real estate investment with this exclusive offering - a block of three updated and refreshed two bedroom units located a five minute walk from the CBD. These units feature well equipped kitchens, good size bedrooms, efficient combined bathroom and laundry spaces for maximum convenience, and a single carport per unit, ensuring parking is never an issue. The exterior presents a neat and tidy appearance, reflecting the care invested in the property. With a combined rental of $860 per week and good tenants already in place, this property not only promises immediate returns but also stability and potential for growth. Perfect for the savvy investor looking to expand their portfolio!
Property History for 1 Reakes Ave, Dubbo, NSW 2830
- 24 Jun 2024Sold for $800,000
- 15 May 2024Listed for Sale Under Contract!
- 12 Sep 2003Sold for $80,000
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0About Dubbo 2830
The size of Dubbo is approximately 998.7 square kilometres. It has 56 parks covering nearly 4.8% of total area. The population of Dubbo in 2011 was 32,327 people. By 2016 the population was 38,944 showing a population growth of 20.5% in the area during that time. The predominant age group in Dubbo is 0-9 years. Households in Dubbo are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Dubbo work in a professional occupation. In 2011, 62.3% of the homes in Dubbo were owner-occupied compared with 63.2% in 2016.
Dubbo has 22,174 properties. Over the last 5 years, Houses in Dubbo have seen a 69.97% increase in median value, while Units have seen a 38.35% increase. As at 31 October 2024:
- The median value for Houses in Dubbo is $535,566 while the median value for Units is $324,702.
- Houses have a median rent of $490 while Units have a median rent of $375.
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