OFF MARKET

4/18 Booyong Street
Evans Head NSW 2473

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Land area: 512m2
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Property Details for 4/18 Booyong St, Evans Head

4/18 Booyong St, Evans Head is a 1 bedroom, 1 bathroom Unit and was built in 2000. The property has a land size of 512m2.

Building Type
Unit
Year Built
2000
Land Size
512m2
Local Government
Richmond Valley

Last Listing description (October 2022)

If you've been looking for a great investment that has potential to be positively geared, then look no further. Consisting of 4 x one bedroom flats, on a level 512m2 block, this property is an absolute investor's special. Conveniently situated within walking distance to all town amenities and sitting adjacent to the local sporting fields, everything is easily accessible.

- Solid construction ensures maintenance is relatively low
- Fully occupied with existing permanent tenants in place

- Current weekly rental of $960 per week, soon to be $1,010
- Each flat has a compact living/kitchen area plus 1 bedroom & ensuite
- Internal improvements have been made to some of the flats and further upgrades could improve rental return
- Just 300m to Bowls Club, 400m to supermarket & 600m to Main Beach

This property will certainly appeal to those seeking a sound income, whilst securing a foothold in a popular coastal market. To be sold on or before Auction on Sunday 23rd October, 2022. Contact Brad Dicinoski on 0411 858 156 for further information.

Property History for 4/18 Booyong St, Evans Head, NSW 2473

A timeline of how this property has performed in the market
Listed for Rent
$240/w
24 Jun 2022
  • 28 Sep 2022
    Listed for Sale Auction
  • 24 Jun 2022
    Listed for Rent $240 / week
  • 20 Sep 2021
    Listed for Rent $240 / week
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About Evans Head 2473

The size of Evans Head is approximately 21.8 square kilometres. It has 8 parks covering nearly 31% of total area. The population of Evans Head in 2011 was 2,729 people. By 2016 the population was 2,836 showing a population growth of 3.9% in the area during that time. The predominant age group in Evans Head is 60-69 years. Households in Evans Head are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Evans Head work in a professional occupation. In 2011, 53.4% of the homes in Evans Head were owner-occupied compared with 56% in 2016.

Evans Head has 2,415 properties. Over the last 5 years, Houses in Evans Head have seen a 90.82% increase in median value, while Units have seen a 60.57% increase. As at 31 August 2024:

  • The median value for Houses in Evans Head is $1,094,303 while the median value for Units is $667,996.
  • Houses have a median rent of $585 while Units have a median rent of $425.
There are currently 23 properties listed for sale, and 3 properties listed for rent in Evans head on OnTheHouse. According to CoreLogic's data, 63 properties were sold in the past 12 months in Evans head.

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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.