21 Melaleuca DriveForest Hill NSW 2651
Property Details for 21 Melaleuca Dr, Forest Hill
21 Melaleuca Dr, Forest Hill is a 3 bedroom, 2 bathroom House with 2 parking spaces and was built in 2014. The property has a land size of 776m2 and floor size of 154m2. While the property is not currently for sale or for rent, it was last sold in February 2021.
Last Listing description (August 2021)
Profitable DHA lease through to December 2023 with option to extend
- currently leased for $400 per week with an estimated 5.34% gross return
- option available: 1 x up to 36 months
- two spacious and separate living areas
- modern design featuring ceramic floor tiles throughout
- great returns and heaps of potential on the residential rental market
- perfect for the canny investor who likes to play it safe
- ducted heating and cooling
Call Paul today to book an inspection or for further details
All of the information contained in this document is from sources the Agent and Vendor believe to be reliable; however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations.
Gross rental return based on current listing price and rent per week, subject to change.
Property History for 21 Melaleuca Dr, Forest Hill, NSW 2651
- 16 Feb 2021Sold for $385,000
- 31 May 2019Listed for Sale $389,000
- 27 Apr 2017Listed for Rent $350 / week
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0About Forest Hill 2651
The size of Forest Hill is approximately 42.6 square kilometres. It has 2 parks covering nearly 0.2% of total area. The population of Forest Hill in 2011 was 2,216 people. By 2016 the population was 2,255 showing a population growth of 1.8% in the area during that time. The predominant age group in Forest Hill is 20-29 years. Households in Forest Hill are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Forest Hill work in a trades occupation. In 2011, 58.9% of the homes in Forest Hill were owner-occupied compared with 60% in 2016.
Forest Hill has 1,269 properties. Over the last 5 years, Houses in Forest Hill have seen a 90.45% increase in median value, while Units have seen a 48.97% increase. As at 31 October 2024:
- The median value for Houses in Forest Hill is $467,108 while the median value for Units is $353,305.
- Houses have a median rent of $475 while Units have a median rent of $315.
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