OFF MARKET

5A Tantoon Circuit
Forest Hill NSW 2651

Bedrooms: 3
Bathrooms: 2
Car spaces: 1
Floor area: 110m2
Land area: 745m2
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Property Details for 5a Tantoon Cct, Forest Hill

5a Tantoon Cct, Forest Hill is a 3 bedroom, 2 bathroom House with 1 parking spaces and was built in 2016. The property has a land size of 745m2 and floor size of 110m2. While the property is not currently for sale or for rent, it was last sold in October 2020.

Building Type
House
Year Built
2016
Floor Size
110m2
Land Size
745m2
Local Government
Wagga Wagga
Lot/Plan
25/DP1202427

Last Listing description (October 2020)

This unique pair of near new villas are the perfect investment opportunity

The front villa:
- a generous sized main bedroom with walk-in robe and ensuite

- the remaining two bedrooms both have built-in wardrobes
- open plan light filled modern kitchen overlooks the living and dining spaces
- stainless steel appliances, gas cooking and dishwasher
- round comfort with reverse cycle air-conditioning plus a gas outlet
- double lock-up garage with internal laundry and storage
- outdoor undercover entertaining area
- low maintenance rear yard with sprinkler system.
- currently leased for $325 per week until November 2020

To the rear of the property is the 2nd villa:
- slightly smaller, this two bedroom villa is currently leased for $250 per week until November 2020
- combined kitchen, dining and living area
- stainless steel appliances feature in the kitchen
- modern bathroom complete with hidden Euro laundry

A combined weekly rental of $575 this package shows a potential gross rental return of 6.2%. This well designed set of villas with a huge amount of potential and possibility, lease them both out or live in one and lease out the other

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.

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Property History for 5a Tantoon Cct, Forest Hill, NSW 2651

A timeline of how this property has performed in the market
Last Sold
$430,000
02 Oct 2020
Listed for Rent
$250/w
30 Oct 2019
  • 02 Oct 2020
    Sold for $430,000
  • 25 Oct 2019
    Listed for Sale $435,000
  • 17 Oct 2019
    Listed for Rent $250 / 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 1,269 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.
There are currently 31 properties listed for sale, and 3 properties listed for rent in Forest hill on OnTheHouse. According to CoreLogic's data, 66 properties were sold in the past 12 months in Forest hill.

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