Property Details for 8 Paperbark Dr, Forest Hill
8 Paperbark Dr, Forest Hill is a 5 bedroom, 3 bathroom House with 2 parking spaces.
Last Listing description (October 2022)
This modern duplex built in 2016 is an amazing investment opportunity to bring in not one but two rental incomes per week, or better yet live in one and rent the other! Collectively earning $640 per week and situated in the very popular Brunslea Park Estate, this property is only 1,500 metres from the Wagga Airport and RAAF Base. The city of Wagga Wagga is a short 10 minute drive down the Sturt Highway.
Unit 8A: Features three Bedrooms and two bathrooms with a spacious lounge area and modern kitchen. There is a double lock up garage and large back yard with an undercover entertainment area. This unit rented at $340 per week with lease expiry 27 August 2022.
Unit 8B: Features two Bedrooms with built in wardrobes and 1 bathroom with a European laundry plus a comfortable lounge area with modern kitchen. Outside there is a smaller back yard with an undercover entertainment area and single car space.
Both units feature:
- reverse cycle air conditioning
- Instantaneous gas hot water
- Separate gas and electrical meters
Land Area: 719.4 square metres
Council Rates: $2,956.49 per annum
All information contained therein is gathered from relevant third party sources. We cannot guarantee or give any warranty about the information provided. Interested parties must rely solely on their own enquiries.
Property History for 8 Paperbark Dr, Forest Hill, NSW 2651
- 07 Sep 2022Listed for Sale Sold
- 05 Apr 2022Listed for Sale $650,000
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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 1,270 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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