OFF MARKET

87 Edgar Street
Frederickton NSW 2440

Bedrooms: 4
Bathrooms: 2
Car spaces: -
Floor area: 150m2
Land area: 1365m2
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Last updated 16 Sep 2024
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Property Details for 87 Edgar St, Frederickton

87 Edgar St, Frederickton is a 4 bedroom, 2 bathroom House. The property has a land size of 1365m2 and floor size of 150m2.

Building Type
House
Floor Size
150m2
Land Size
1365m2
Local Government
Kempsey

Last Listing description (March 2017)

This is the perfect investor/developer's choice. A massive level block of 1365sqm located in a safe, friendly and prospering location with 2x2BR units (renting at $230/wk and $200/wk) - yep, that's a 7.09%% gross return.
But there's still half the block sitting empty. Perfect! This is a development site with income from day one. Sit on it now and reap the rewards while you plan for the future and build up to 4 duplex units or 2x 2BR villas for your retirement income, simply build your dream home with enough room for a big shed and everything else.
This big level block in quiet Edgar Street is in the most highly sort part of fabulous Frederickton. Frederickton is a quiet little riverside village only minutes from Kempsey - is the perfect location.

Actually why don't you build your own home at the rear and leave the units in the front for extra income!
Call us any day/anytime to get onto this one.

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Property History for 87 Edgar St, Frederickton, NSW 2440

A timeline of how this property has performed in the market
  • 14 Sep 2016
    Listed for Sale $315,000

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About Frederickton 2440

The size of Frederickton is approximately 12.3 square kilometres. It has 1 park covering nearly 0.9% of total area. The population of Frederickton in 2011 was 1,278 people. By 2016 the population was 1,382 showing a population growth of 8.1% in the area during that time. The predominant age group in Frederickton is 10-19 years. Households in Frederickton are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Frederickton work in a labourer occupation. In 2011, 72.1% of the homes in Frederickton were owner-occupied compared with 69.4% in 2016.

Frederickton has 621 properties. Over the last 5 years, Houses in Frederickton have seen a 74.87% increase in median value, while Units have seen a 154.00% increase. As at 31 August 2024:

  • The median value for Houses in Frederickton is $491,715 while the median value for Units is $554,982.
  • Houses have a median rent of $480.
There are currently 8 properties listed for sale, and no properties listed for rent in Frederickton on OnTheHouse. According to CoreLogic's data, 30 properties were sold in the past 12 months in Frederickton.

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