31 Schipp StreetForest Hill NSW 2651
Property Details for 31 Schipp St, Forest Hill
31 Schipp St, Forest Hill is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1995. The property has a land size of 665m2 and floor size of 115m2. While the property is not currently for sale or for rent, it was last sold in May 2021.
Last Listing description (July 2021)
Forget low fixed interest at the Bank. Forget risky and complicated share market investments. Invest in safe and secure bricks & mortar. And that is what this property offers -safety and security.
- neat and tidy brick veneer home with long term tenant
- quiet cul-de-sac location in a low traffic area
- 3 bedrooms, 3-way ensuite bathroom and 2 car lock up garage
- fully fenced child friendly back yard
- currently leased for $350 per week with an annual return of 5.5%
Quality high returning investments are getting harder and harder to find as the property market continues to grow. This is a set and forget property that will return well for years to come. Call Paul on 0418 967 982 to arrange your inspection.
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.
Property History for 31 Schipp St, Forest Hill, NSW 2651
- 07 May 2021Sold for $329,000
- 07 Mar 2021Listed for Sale $329,000
- 29 Oct 2020Listed for Rent $350 / week
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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 1,190 properties. Over the last 5 years, Houses in Forest Hill have seen a 83.52% increase in median value, while Units have seen a 45.21% increase. As at 30 September 2024:
- The median value for Houses in Forest Hill is $453,743 while the median value for Units is $351,290.
- Houses have a median rent of $475 while Units have a median rent of $315.
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