118 Prospect Rd, Garden Suburb is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1970. The property has a land size of 582m2 and floor size of 79m2. While the property is not currently for sale or for rent, it was last sold in November 2017.
Offered to the market with most of the hard work completed, this relaxed and easy care home provides buyers with an excellent opportunity to secure a ready to enjoy property in one of the regions fastest moving suburbs. It makes an exciting prospect for market newcomers, young families or investors and is presented in great condition with three bedrooms, a modern bathroom, wide alfresco deck and bright airy living room connecting to an updated kitchen. The location is renowned for its lifestyle attributes, convenient position and proximity to major shopping centres, popular schools and the John Hunter Hospital.
* Updated home capturing elevated views from the rear.
* Fresh and neutral colour palette throughout.
Council Rates: $425 PQ approx
Water Rates: $248 + Usage PQ approx
Rent Potential: $385 PW approx
The size of Garden Suburb is approximately 1.7 square kilometres. It has 2 parks covering nearly 3% of total area. The population of Garden Suburb in 2011 was 1,927 people. By 2016 the population was 1,921 showing a population decline of 0.3% in the area during that time. The predominant age group in Garden Suburb is 10-19 years. Households in Garden Suburb are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Garden Suburb work in a professional occupation. In 2011, 86.7% of the homes in Garden Suburb were owner-occupied compared with 88.5% in 2016.
Garden Suburb has 722 properties. Over the last 5 years, Houses in Garden Suburb have seen a 58.20% increase in median value, while Units have seen a 7.07% increase. As at 31 October 2024:
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