16 Spence StreetDubbo NSW 2830
Property Details for 16 Spence St, Dubbo
16 Spence St, Dubbo is a 5 bedroom, 2 bathroom House with 1 parking spaces. The property has a land size of 966m2. While the property is not currently for sale or for rent, it was last sold in September 2024. There are other 5 bedroom House sold in Dubbo in the last 12 months.
Last Listing description (September 2024)
Located in a peaceful cul-de-sac within the highly sought-after Rosewood Grove Estate, 16 Spence Street in Dubbo presents an outstanding investment opportunity. The property features a main house with three bedrooms, a bathroom, and a single carport. Recent upgrades include new windows and two split systems for efficient climate control.
The highlight of this property is the brick veneer studio, built around 2010. This separate dwelling offers two bedrooms, a bathroom, open-plan living, and a new air conditioning unit, making it an appealing addition to the overall property.
The entire property is currently leased for $700 per week, providing a solid income-producing asset. Set on a generous 966 sqm (approx.) block, this property combines potential for high rental yields and a great location, making it an exceptional addition to any portfolio.
Rates: $2,716.53 per annum
Property History for 16 Spence St, Dubbo, NSW 2830
- 23 Sep 2024Sold for $450,000
- 05 Sep 2024Listed for Sale $460,000
- 14 Nov 2023Listed for Rent $700 / week
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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 22,173 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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