121 Meadow St, Fairy Meadow is a 4 bedroom, 2 bathroom House with 4 parking spaces and was built in 2015. The property has a land size of 1031m2 and floor size of 285m2. While the property is not currently for sale or for rent, it was last sold in April 2011.
Offering one of the largest parcels of land in this immediate location on 1011sqm boasting many possibilities for the renovator or developer. Currently tenanted it offers a sound investment opportunity or excellent project.
Zoned R2 Low Density Residential allowing for redevelopment
Two good sized bedrooms with optional third bedroom/sunroom
Located in a quiet residential street, with a long term tenant
Oversized lock-up garage for four cars and ample storage space
Sunlit rear garden with large lawn area, ideal for young families
Currently tenanted offering immediate investment returns
Offers the opportunity for potential redevelopment of property
Centrally located, only minutes to Balgownie Village and CBD
Conveniently located within easy access to schools and parklands
Situated on a level 20.12m x 50.29m block, wide street frontage
The size of Fairy Meadow is approximately 3.5 square kilometres. It has 22 parks covering nearly 21.2% of total area. The population of Fairy Meadow in 2011 was 6,586 people. By 2016 the population was 7,404 showing a population growth of 12.4% in the area during that time. The predominant age group in Fairy Meadow is 20-29 years. Households in Fairy Meadow are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Fairy Meadow work in a professional occupation. In 2011, 57.2% of the homes in Fairy Meadow were owner-occupied compared with 55.7% in 2016.
Fairy Meadow has 3,993 properties. Over the last 5 years, Houses in Fairy Meadow have seen a 61.13% increase in median value, while Units have seen a 39.31% increase. As at 31 October 2024:
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