Elm StreetGunnedah NSW 2380
Property Details for 2/18 Elm St, Gunnedah
2/18 Elm St, Gunnedah is a 5 bedroom, 2 bathroom House with 2 parking spaces. While the property is not currently for sale or for rent, it was last sold in December 2024. There are other 5 bedroom House sold in Gunnedah in the last 12 months.
Last Listing description (December 2024)
This contemporary dual occupancy property is sure to impress investors seeking a positive cash flow property or equally ideal for home buyers seeking a secondary income to help pay off the mortgage.
Offering a three-bedroom, two-bathroom main residence with and an adjoining two-bedroom one-bathroom apartment both enjoying private covered al-frescos and securely fenced backyards.
With stylish living areas adorned with modern conveniences, the properties have bedrooms well equipped with built-in wardrobes, offering ample storage for your belongings. Beyond the interiors, a large grassy backyard awaits, providing a tranquil outdoor space for relaxation, leisure, and perhaps even a touch of gardening. This extension of the living area seamlessly blends indoor comfort with outdoor serenity, making it ideal for unwinding after a long day or hosting intimate gatherings.
Whether you seek a comfortable living arrangement or an investment opportunity, these units encapsulate the essence of contemporary living, offering both convenience and comfort in a well-considered package.
Apartment 1: Three bedrooms all with built in robes
Kitchen features a dishwasher and ample storage cupboards
Open plan living room with split system air conditioning
Main bathroom and ensuite to the master
Single lockup garage
Tidy grassed back yard
Currently tenanted for $510/week until July 2025
Apartment 2: Two bedrooms, both with built-in robes
Kitchen features a dishwasher and ample storage cupboards
Open plan living room with split system
Main bathroom
Single lockup garage
Tidy grassed back yard
Currently tenanted for $430/week until Jan 2025
Offering a combined rental yield of $940 per week, this is an immensely appealing opportunity for savvy investors or home buyers looking for a secondary income. Don't miss this outstanding opportunity, call Hennessy Real Estate today on 6742 3001 today!
Property History for 2/18 Elm St, Gunnedah, NSW 2380
- 12 Dec 2024Sold for $791,000
- 06 Nov 2024Listed for Sale $740,000 - $760,000
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0About Gunnedah 2380
The size of Gunnedah is approximately 519 square kilometres. It has 36 parks covering nearly 7.1% of total area. The population of Gunnedah in 2011 was 9,341 people. By 2016 the population was 9,727 showing a population growth of 4.1% in the area during that time. The predominant age group in Gunnedah is 0-9 years. Households in Gunnedah are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Gunnedah work in a machinery operators and drivers occupation. In 2011, 65.6% of the homes in Gunnedah were owner-occupied compared with 63% in 2016.
Gunnedah has 5,807 properties. Over the last 5 years, Houses in Gunnedah have seen a 58.25% increase in median value, while Units have seen a 57.34% increase. As at 30 November 2024:
- The median value for Houses in Gunnedah is $420,146 while the median value for Units is $352,950.
- Houses have a median rent of $485 while Units have a median rent of $330.
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