9-11 Bruce Rd, Fernhill is a 3 bedroom, 1 bathroom Townhouse with 2 parking spaces and was built in 1980. The property has a land size of 3257m2.
With an expected $550 to $580 per week rental return this in an incredible and rare opportunity for investors. This property is so large and accommodating for rental purposes the property can be advertised as a 4 bedroom townhouse.
This well presented low maintenance double brick three bedroom townhouse is nestled in the quiet suburb of Fernhill and on the border with Balgownie. Featuring open plan living and dining areas there is plenty of room for the growing family.
On the ground level of this home you will find a modern well appointed kitchen with ceramic stove top, breakfast bar and large pantry as well as plenty of bench and cupboard space, adjacent to the kitchen is the large open plan living and dining area, there is also a separate formal dining/family room or 4th bedroom with access to the covered paved area. This level of the home has been freshly painted and is newly tiled. There are also brand new roller blinds throughout.
The size of Fernhill is approximately 0.4 square kilometres. It has 5 parks covering nearly 5% of total area. The population of Fernhill in 2011 was 1,024 people. By 2016 the population was 1,011 showing a population decline of 1.3% in the area during that time. The predominant age group in Fernhill is 50-59 years. Households in Fernhill are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Fernhill work in a professional occupation. In 2011, 46.1% of the homes in Fernhill were owner-occupied compared with 45.3% in 2016.
Fernhill has 512 properties. Over the last 5 years, Houses in Fernhill have seen a 75.13% increase in median value, while Units have seen a 42.02% increase. As at 31 October 2024:
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