24 Melaleuca DriveForest Hill NSW 2651
Property Details for 24 Melaleuca Dr, Forest Hill
24 Melaleuca Dr, Forest Hill is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 2010. The property has a land size of 700m2 and floor size of 192m2. While the property is not currently for sale or for rent, it was last sold in October 2021.
Last Listing description (September 2022)
Defence Housing lease through to November 2023 with stable returns and loads of potential on the residential rental market
- perfect for the canny investor who likes to play it safe
- four generous bedrooms all with built-in robes, the main with ensuite and walk-in robe
- double lock up garage with drive through access to the rear yard
- in-ground irrigation system and ducted heating/cooling to ensure year-round comfort
- currently leased for $415 per week with an estimated annual return of 4.4%
- option to extend: 3 years
Situated within close proximity to the RAAF base, local Forest Hill shopping centre, school and daycare centre. Call Angela on 0481 950 037 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 24 Melaleuca Dr, Forest Hill, NSW 2651
- 08 Oct 2021Sold for $480,000
- 25 Aug 2021Listed for Sale $489,000
- 10 Jul 2006Sold for $68,000
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About 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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