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Sold on 05 Sep 2024 for $910,000

5B Rachel Avenue
Flinders NSW 2529

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
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Property Details for 5b Rachel Ave, Flinders

5b Rachel Ave, Flinders is a 4 bedroom, 2 bathroom House with 2 parking spaces. While the property is not currently for sale or for rent, it was last sold in September 2024. There are other 4 bedroom House sold in Flinders in the last 12 months.

Building Type
House

Last Listing description (September 2024)

From an investor's perspective, this property offers unparalleled financial appeal. With substantial depreciation advantages, this development provides significant tax benefits that allow astute investors to optimize their returns. Add to that a projected rental income exceeding $45,000 annually, and you're looking at a consistent revenue stream from day one. The rent-back option makes this even more attractive, ensuring immediate cash flow while allowing you to secure a high-growth asset in a prime location. This is not just an investment-it's a strategic move to build long-term wealth while enjoying the prestige of owning prime coastal real estate.

Positioned just minutes from the coastline, this new development merges modern luxury with smart investment potential. Imagine owning a property with panoramic ocean views, a sunrise backdrop of gold and blue, all while your investment grows in both income and value.


Located near Shell Cove Marina, this property combines tranquillity with convenience. Enjoy a lifestyle of leisure with marina strolls, world-class golf courses, and proximity to prestigious schools and major shopping hubs. This ensures a high appeal to tenants, making it an ideal addition to your portfolio.

Inside, the four spacious bedrooms offer refined design and comfort, creating a luxurious yet practical living space that appeals to high-end renters.

Whether you're looking to invest through your superannuation, enhance your lifestyle, or diversify your portfolio, this property delivers across all metrics. Secure your financial future with an investment that offers immediate rental income, tax advantages, and long-term capital growth. The rent-back option ensures you'll benefit from immediate returns, making this an unmissable investment opportunity in Shell Cove.

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Property History for 5b Rachel Ave, Flinders, NSW 2529

A timeline of how this property has performed in the market
Last Sold
$910,000
05 Sep 2024
Listed for Rent
$800/w
15 Oct 2024
  • 03 Oct 2024
    Listed for Rent $800 / week
  • 05 Sep 2024
    Sold for $910,000

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About Flinders 2529

The size of Flinders is approximately 2.3 square kilometres. It has 14 parks covering nearly 17.1% of total area. The population of Flinders in 2011 was 5,200 people. By 2016 the population was 6,674 showing a population growth of 28.3% in the area during that time. The predominant age group in Flinders is 0-9 years. Households in Flinders are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Flinders work in a trades occupation. In 2011, 75.6% of the homes in Flinders were owner-occupied compared with 74% in 2016.

Flinders has 2,770 properties. Over the last 5 years, Houses in Flinders have seen a 53.19% increase in median value, while Units have seen a 49.34% increase. As at 30 November 2024:

  • The median value for Houses in Flinders is $1,165,806 while the median value for Units is $829,997.
  • Houses have a median rent of $725 while Units have a median rent of $630.
There are currently 9 properties listed for sale, and 6 properties listed for rent in Flinders on OnTheHouse. According to CoreLogic's data, 92 properties were sold in the past 12 months in Flinders.

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