1/1 Cleverdon Cres, Figtree is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1981. The property has a land size of 639m2 and floor size of 54m2. While the property is not currently for sale or for rent, it was last sold in March 2018.
Just a minutes walk from Figtree Grove shopping centre this 2 bedroom, 1 bathroom, 1 car single story unit presents an excellent opportunity for an investor to take a piece of real estate in the Figtree postcode.
With a potential $320-340 in rent resulting in an impressive 4.5% p/a return this investment is ideal for anyone interesting in starting or adding to their investment portfolio.
This property is very attractive offering disabled access with ramps, solar panel array providing electricity, easy access to the M1 freeway for commuting, a major shopping centre within minutes, doubling as a transportation hub, close proximity to the Wollongong CBD, multiple public and private schools and a short distance from the university.
The size of Figtree is approximately 8.5 square kilometres. It has 21 parks covering nearly 7% of total area. The population of Figtree in 2011 was 10,629 people. By 2016 the population was 11,535 showing a population growth of 8.5% in the area during that time. The predominant age group in Figtree is 40-49 years. Households in Figtree are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Figtree work in a professional occupation. In 2011, 80.9% of the homes in Figtree were owner-occupied compared with 80.6% in 2016.
Figtree has 5,089 properties. Over the last 5 years, Houses in Figtree have seen a 59.18% increase in median value, while Units have seen a 40.09% increase. As at 31 July 2024:
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